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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

NorthWestern Energy Seeks Gas Rate Increase

LCG, May 23, 2003--NorthWestern Energy, the buyer of Montana Power's electric power and natural gas distribution system last year, is seeking to make up for an anticipated difference of $13 million between its collections from customers and its purchase costs for natural gas between last December 2002 and next month.

NorthWestern would like to make permanent an increase in the tracking rate, which covers a portion of unforeseen purchase costs by the utility. The company's vice president for regulatory affairs, Pat Corcoran, told reporters that an upcoming rate case to be filed with the Public Service Commission will contain a "big increase."

NorthWestern charges its customers about $2 less for the commodity than the estimated price of gas in June, $5. According to the upcoming case, it is possible that the typical customer would see annual charges that of $298 more than what he or she now pays.
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