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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

Meeting Today Between FERC and CAISO

LCG, Dec. 9, 2002--After agreeing to allow California's Independent System Operator to implement a day-ahead market over a year later than a previous deadline, the Federal Energy Regulatory Commission will meet with the state grid operator in Washington today to discuss market changes.

The FERC had told California officials that a day-ahead market was to be in place by Jan. 31, 2003, but has now ordered that monthly progress reports be submitted on the state's market design, with changes to be fully in place by June 2004. A day-ahead market must be operational by February 2004, the agency has said.

"We are going to tell FERC that this is the timing that allows us to move forward and put in place the best practices. We don't just want to get it done, but to get it done right, " said Gregg Fishman, the ISO spokesman. One concern that the FERC stressed in its order was the need for California to take into account and work with market authorities in the Pacific Northwest and Southwest.

Changes that are foreseen include locational pricing rather than a single statewide market-clearing price, in order to send clearer market signals to participants, and changes to the ISO's ability to impose penalties. Since Oct. 30th, a revised, higher price cap has been in place with no significant problems. In addition, a mechanism to identify and counteract bids thought to be manipulative is active.
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