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Holtec Signs Strategic Cooperation Agreement with Utah and Hi Tech Solutions to Deploy Nuclear SMRs

LCG, May 1, 2025--Holtec International (Holtec) announced the signing on April 29 of a strategic cooperation agreement with the State of Utah and Hi Tech Solutions, a leading nuclear services provider based in Kennewick, Washington, to collaborate in the deployment of Holtec's SMR-300s (small modular reactor) in Utah and the broader Mountain West region. Hi Tech will play a leading role in the project development and workforce training to support the rise of new nuclear power generation in the region.

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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

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Industry News

Duke Pauses Construction on Washington Plant

LCG, Aug. 22, 2002--A 630-megawatt power plant in Washington state's Grays Harbor county has undergone a halt in construction, with market conditions impacting expected revenues from the plant.

The plant, in Satsop, may be built eventually, but supply of electric power is currently sufficient for the Northwest region. Hydropower plants have reservoirs at normal levels, following dry conditions last year.

The project director for Satsop, Duke Energy North America's Andy McNeil indicated that he does not feel that work will be permanently halted, as was the case with nuclear plant projects started on the same construction site in the late 1970's. "The only way this plant won't be completed is if the (energy) markets don't rebound," he said. Prices in Washington have averaged $17 to $20 per megawatt-hour recently.

Other Duke projects which are not going forward for the moment are found in Deming, New Mexico, and near Las Vegas.

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