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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 Suggests Outages Be Certified

LCG, Oct. 2, 2002--In light of continuing debate concerning last year's Western energy crisis and continuing concerns over true reserves or shortfalls in available generating capacity, the Federal Energy Regulatory Commission (FERC) is considering whether plant and transmission outages might be certified whenever they can be justified.

William Hederman, in charge of market investigations for the agency, disclosed that such a policy could limit disagreement over generators' market participation in the distant past. FERC chairman Pat Wood III said to reporters that "I think certainly it would avoid a lot of the way-after-the-fact accusations to kind of have the ability to get a blessing up front that this one was kosher. I think that that ought to be available to parties that want that."

The proposal is not a part of the current set of proposed market rules known as "standard market design," but according to Hederman, it has received positive responses from those who have heard the idea.
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