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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

Indonesia to Deregulate Electricity Transmission

LCG, October 1, 2002-The world's fourth most populous country will permit private companies to purchase electricity transmission assets.

Indonesia's Mines and Energy Minister Purnomo Yusgiantoro announced today that private investment will be allowed so long as the state companies lack the financial strength to develop power projects.

According to current law, private investors can own power generators in Indonesia but cannot disrupt the state power monopoly on transmission and distribution.

It was not announced whether or not companies interested in investing in Indonesian transmission will have to work with or pay fees to the country's state transmission monopoly, Perusahaan Listrik Negara.

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