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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

Calpine Geothermal Plants to Support Reliability in California

LCG, Feb. 26, 2003--An agreement between Calpine Corp. and the California Independent System Operator will allow the grid operator to dispatch over a dozen geothermal plants owned by Calpine to maintain grid reliability.

The agreement governs 13 of its 19 Geysers generating units in Northern California, and will provide Calpine revenue from $40 million to $45 million each year for 2003, 2004 and 2005. The generators will be designated "reliability-must-run" resources.

The units may also be used to produce power for the ISO at a contracted price, or for other buyers.
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