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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

Consumer Groups Question Natural Gas Negotiated Rates

LCG, October 1, 2002-Three organizations, as well as industry members, are asking for the repeal of FERC's "negotiated rate policy," asserting that the rule is unnecessary and unfairly beneficial to pipeline operators.

U.S. pipeline companies have been allowed to charge rates higher than that allowed by tariff according to the Federal Energy Regulatory Commission's "negotiated rate policy," which permits gas pipelines to sell turned-back capacity to other shippers at higher rates.

Consumer advocate groups from Maryland, West Virginia, and Pennsylvania came together to jointly request that FERC end the policy. The American Public Gas Association, as well as many of those who purchase gas, have also expressed opposition to the continuation of negotiated rates.

Many in industry believe that the policy allows pipeline companies to wield too much control over the gas market and that the pipeline business does not have sufficient transparency.

The issue awaits FERC's attention under docket PL02-6.

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