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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

Rule Changes Made in Florida Plant Bidding

LCG, Jan. 6, 2003--Florida Power & Light, the regulated utility unit of FPL Group Inc., reacted negatively last Friday to modest changes to the bidding rules that govern how builders of new base-loaded power plants are selected in Florida.

A group of independent power producers which has complained that the winning bids have always been one of the state's major utilities was pleased with the moves by the Florida Public Service Commission. The requirement that bidding take place was instated in 1994.

Members of the Partnership for Affordable Competitive Energy (PACE) had been aiming at having an "independent evaluator" monitor bidding, to ensure fairness. Instead, the Commission allowed that the utilities (the other utility, Florida Power, was just re-branded under parent Progress Energy) would have to reconsider others' bids any time their own bid's cost structure was changed. PACE members, among which are Calpine, Mirant, and PG&E Corp., felt that this would make the process more open.

FPL spokesman Mike Swank contended that "The changes have the potential for substantially lengthening the bid rule process." Swank said that the utility would attempt to have the new rules undone.
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