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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

Bill to Turn Back Deregulation Passes CA Assembly

LCG, June 9, 2003--According to the author of the California bill SB 888, Sen. Joe Dunn, D-Santa Ana, "there is an urgency" behind its passage, but the bill, which passed the Senate Thursday, would likely disappoint some who have been able to make arrangements to buy electricity from sellers other than the state's major utilities.

The measure, which will go to the Assembly next, was not explicitly endorsed by Gov. Gray Davis, but Davis has asserted that California needs a "more regulated environment than we have now." Others, such as businesses who have been able to purchase electricity through "direct access" power contracts, are not eager for new legislation, before policy already in effect has had a chance to be tested more extensively.

While Dunn, who led an investigation into the causes of the energy crisis of 2000 and 2001, has referred to the real possibility of further rolling blackouts within the next year or two, it is not clear that SB 888 would significantly increase supplies available to California. It would give power companies the ability to enter long-term contracts, presumably with utilities. The state could also investigate the operating conditions at power plants taken off-line for maintenance or repair.

Severin Borenstein was quoted in the Sacramento Bee about SB 888, and said "It is unfortunate because direct access was not the problem, it was a symptom of the problem."
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