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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

Cinergy Plans Voluntary Emissions Reductions

LCG, Sept. 10, 2003--Cinergy Corp., which is one of four electric utilities selected by the Bush administration to participate in discussions of voluntary emissions reductions, has said that it has set a goal of 5% reductions in its carbon dioxide and other "greenhouse gas" releases by 2012 at the latest.

The company, which owns a significant number of coal-fired electric generation assets, is being advised by the non-profit Environmental Defense, and has earmarked roughly $21 million to determine how it will achieve the reductions. Cinergy's existing power plants would likely be upgraded for greater efficiency, while demand reduction programs based on incentives could also play a role. Further reductions could come from offset programs, which would absorb carbon dioxide through tree plantings or agriculture.

According to officials at the Environmental Protection Agency, 35 participants in its voluntary reduction programs are studying possible implementation of yet-to-be-announced reduction programs, while 11 have outlined their own targets. Dupont, which is recognized as having achieved the most significant reductions (greenhouse gas output is down 68% for global operations, and 40% domestically relative to 1990 levels) is holding its energy consumption at 1990 levels, saving $2 billion in the process.
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