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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

Southern Governors Oppose Transmission Charge Proposal

LCG, Aug. 29, 2002--During the Southern Governors Conference in New Orleans Monday, participants voted in opposition to a rule proposed by the Federal Energy Regulatory Commission that would require charges for transmission system upgrades be assessed across all users of the system, without regard for differing levels of usage.

The proposed rule was announced on July 31, as a way to expand the number of wholesale producers and sellers who may gain access to customers in distant regions. According to Arkansas Gov. Mike Huckabee, however, "the cost of transmission would have to be borne by all, even though our customers would never see a kilowatt of the energy, even though our customers would get no benefit whatsoever." A relatively large percentage of low-cost power produced in the South is sold elsewhere.

The governors' vote resulted in a resolution that customers making growing demands on the transmission system make proportionately greater payments to support the new infrastructure. While service for Southern consumers is largely provided by regulated monopolies, much of the new merchant generation installed within the region in the last few years has been selling power to other, higher-cost regions.

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