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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

FERC to Require Reporting When Reliability Standards Not Met

LCG, Dec. 17, 2003--The Federal Energy Regulatory Commission (FERC) intends to require that utilities report instances in which they fail to meet voluntary standards set by the North American Electric Reliability Council.

The Chairman of FERC, Pat Wood III, said that as long as the scope of FERC's authority to enforce standards remains in doubt because of the stalled energy legislation in Congress, requiring reporting would be a first step before NERC's voluntary standards could become legally binding. The reporting requirement could become effective before summer, Wood told the agency.

In addition to the reporting requirement, for which support has been expressed by other commissioners as an initial step in improving reliability, FERC might undertake audits of utility performance. The audits could be used to verify compliance by individual utilities.
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