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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

Survey of Offshore Areas Made Part of Senate Energy Bill

LCG, June 16, 2003--A vote to require the Interior Department to carry out a survey of offshore areas to estimate potential gas and oil reserves was approved by the Senate 54-44, despite a moratorium on offshore drilling scheduled through 2012.

A House-Senate conference committee will decide whether the measure is to be included in jointly developed legislation. Presidents Bush (the senior) and Clinton approved blocking funding of drilling projects, which have been opposed by legislators from coastal areas since the early 1980's. Supporters of the measure noted that it does not allow the leasing of lands, but would "simply help us to make more accurate and informed decisions," said Sen. Mary Landrieu, D-La.

Impetus for the survey came from concern about the current shortfall in natural gas production, of 3 trillion cubic feet annually, relative to 23 trillion cubic feet of consumption. Some who opposed the survey, such as Washington state's Maria Cantwell, a Democrat, believe the survey opens up their districts to possible economic harm, through potential effects of drilling on industries such as fishing and tourism.
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