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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

TransAlta to Acquire Wind Developer

LCG, Oct. 28, 2001--Vision Quest Windelectric Inc., a Calgary-based owner and operator of wind turbine power plants, will be acquired by TransAlta Corp., possibly by the end of the year.

The current wind turbine portfolio of Vision Quest has a total maximum capacity of 44 megawatts. It would become an independently operated unit within TransAlta, which already has an investment in the company.

TransAlta, an unregulated power generator and marketer, plans to acquire Vision Quest's C$32 million debt, and will conduct due diligence and await regulatory approval on the deal. It intends to generate over 10% of its power output from renewable sources as part of a long-term strategy.
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