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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

Gila River Plant Complete

LCG, July 21, 2003--Units 3 and 4 of the Gila River Power Station have reached a "major milestone" as part of TECO Power Services' construction program, and are substantially completed, it was announced today.
A subsidiary of TECO Energy, Inc., TECo Power Services noted that the completion of major construction at the 2,145-megawatt power plant, ahead of schedule, provides it with necessary security to provide the lenders to the project. The plant can also provide more capacity during the summer, the company said. The amount of security to be posted in connection with letter of credit postings will become $66 million, down $44 million from the current level.

Upon the completion of the units and final acceptance, scheduled this fall, the amount of postings is expected to become $8 million. TECO Energy, Inc. also has subsidiaries Tampa Electric, Peoples Gas, TECO Power Services, TECO Transport, TECO Coal and TECO Solutions.
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