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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

California Town's 43-MW Power Plant Operational

LCG, Aug. 18, 2003--The Agua Mansa Power Plant, built for the city of Colton, Ca., by energy services firm NORESCO, has been completed, and is intended to "stabilize [the town's] power supply costs, while ensuring reliability," Daryl Parrish, the city manager, said.

The 43-megawatt plant consists of a General Electric LM 600PC Sprint turbine, which will operate in simple-cycle, burning natural gas. City officials decided to build Agua Mansa to lessen exposure to power market price volatility. Colton's power purchase agreements were also nearing their end.

The financial capital for the plant came through the issue of municipal bonds by the city's financing authority.
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