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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

Avista Corp. to Testify Before FERC Judge on Market Behavior

LCG, April 3, 2003Federal Energy Regulatory Commission Administrative Law Judge Curtis L. Wagner, Jr. will hear arguments April 9 regarding whether or not an energy market manipulation investigation can be closed.

A year ago FERC began the process of investigating possible energy market manipulation. The commission ordered firms to respond to allegations of improper trading. Avista Corp,, among many other companies, has been subject specifically to a five-month investigation by FERC.

FERC investigators earlier found no market manipulation linked to Avista Corporation, and the Commission began the process of closing the file on Avista.

Now a FERC judge must determine whether or not all concerns raised regarding Avista have been met: no evidence has been found to show Avista Utilities or Avista Energy staff knowlingly participated in improper trading, manipulation of western energy markets, or withholding relevant market information during the FERC inquiry.

According to some sources, Judge Wagner has some reservations regarding the possible settlement, especially in light of a report issued by FERC staff recently that may show Avista involved in unfair trading arrangements.

Meanwhile, Avista is positive about the possible settlement and continues to oppose potential California refunds.

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