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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

Japan Considers Increased Gas Deregulation

LCG, December 26, 2002A Japanese Economy Ministry group has recommended opening the retail natural gas market to 44% of demand in 2004 and over 50% in 2007.

Japan already has made steps to deregulate its retail gas industry since 1995. Currently gas sellers that are not gas utilities can sell retail gas to commercial and industrial users at the rate of about 1 million cubic meters per year, or roughly 37% of all demand.

Now a group within the Ministry of Economy has advised a Japanese economic advisory board to allow 44% of natural gas to be sold in a deregulated market starting April 2004, and by April 2007, to deregulate over 50%.

Japanese officials have also discussed complete gas deregulation after 2007.

An advisory group will meet in January to discuss these suggestions, public commentary will follow, and another meeting will be held in February before any recommendations will be sent to Minister of Trade Takeo Hiranuma.

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