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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

Some Creditors Allowed Second Vote on PG&E Bankruptcy Plan

LCG, Sep. 23, 2002--Following a vote tally on competing bankruptcy reorganization plans for Pacific Gas & Electric, U.S. Bankruptcy Judge Dennis Montali will allow some rank-and-file creditors to re-cast their votes.

While the recent vote was found to be in favor of the utility's plan, a revised version of a plan developed by the California Public Utilities Commission was supported by the official creditors' committee. Montali has agreed to allow a re-vote in some cases, but has not yet determined which creditors will be permitted to cast new ballots.

The method by which the voting would take place, or at what date, was not announced. Meanwhile, a trial to determine the legality and practicality of each plan will go ahead beginning on Nov. 12.
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