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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

FERC to Hold Meeting on Market Rules

LCG, August 28, 2002-The Federal Energy Regulatory Commission plans to conduct a public meeting October 2 in order to discuss fair market rules for wholesale electricity trading.

The meeting is one of several that FERC is holding in order to begin implementing its standard market design plans. The October meeting will allow FERC to take public input on such possible rules as requiring transmission operators to employ market indices and reporting in order to monitor trading.

Market rules have come under scrutiny after evidence of gaming and manipulative market practices came to light earlier this year in regard to the California energy crisis of 2000/2001. Several companies are now under investigation by both FERC and the Securities and Exchange Commission.

FERC's proposed market design, which provides for regional transmission organizations, is listed under docket RM01-12.

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