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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

Gov. Pataki Suggests Bond Agency to Support Power Infrastructure

LCG, Sept. 17, 2003--New York Governor George Pataki has put forward a plan supported by the state Senate and opposed by the House that would assist private companies by issuing bonds for the purpose of supporting generation and transmission projects.

Pataki, a Republican, said in a statement that "this common sense proposal will encourage improvements and investment in New York's energy infrastructure well into the future."

Opposition to the bill in question is based on provisions that would streamline the process for public comment, according to Democrats in the House. The New York Public Interest Group said that under the bill, "the public's voice is needlessly silenced."

According to Steve Mitnick, the chief executive officer of a company with plans to build lines that would carry power between upstate New York, New England, Canada and New York City, which has not had growth in generation commensurate with growth in demand, government funding will not be used. Conjunction L.L.C. hopes to complete the lines, with 2300 megawatts of capacity, by mid-2006, at a cost of $750 million. Mitnick said that the flows into New York City could account for one-quarter of the city's needs.
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