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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

British Power Prices May Lead to New Plants

LCG, Nov. 7, 2003--New gas-fired power plants may be built in Britain if power prices rise further, according to the chief executive of Scottish & Southern Energy, Ian Marchant, who spoke with the Financial Times this week.

Marchant said that the company is analyzing the possible financial results from building the plants, but that the power prices do not quite justify building yet. The two changes that might spur new projects are a rise in power prices of £2 to £3 or lower gas prices. The chief executive also said that Scottish & Southern might bid for regional gas transmission networks owned by National Grid Transco, if bids were to be solicited.
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