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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

Bruce Reactors' Wait to Restart Extended

LCG, June 13, 2003--Two nuclear reactors in Ontario, Bruce A units 3 and 4, are expected to start later than was recently expected, based on the need to meet regulatory requirements, according to the partnership operating the plants.

The Bruce Power Limited Partnership was formed last year to purchase British Energy's 82.4 per cent stake in the reactors. The restart, says the partnership, will likely be by June 30 for Unit 4, and July 30 for Unit 3. The deal with British Energy specified that the price paid for the units would decrease with the duration of any delays before renewed operation. The partners, each of which owns a 31.6 per cent stake, are Cameco, TransCanada, and BPC Generation Infrastructure Trust, which is under the Ontario Municipal Employees Retirement System. Prior to the purchase deal, Cameco already owned a 15 per cent stake in Bruce Power, which deals in uranium.
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