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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

CA Supreme Court Upholds Southern California Edison Rates

LCG, August 21, 2003Bringing Southern California Edison v. Lynch to a close, Californias Supreme Court upheld an agreement between the California Public Utilities Commission (PUC) and utility Southern California Edison.

The Utility Reform Network challenged an arrangement that the PUC and Southern California Edison (SCE) made in 2001 regarding increased electricity rates. The PUC allowed SCE to increase rates to retail customers by as much as 40 percent. Through these increased rates Southern California Edison has been able to recover $3.3 billion of what was lost during the energy crisis when wholesale electricity prices were astronomically high.

The San Francisco-based organization insists that the rate increase was made unlawfully since the parties agreed to the rates in secret.

The court ruled 6-to-1 to uphold the agreement between the PUC and Southern California Edison. Its decision verified that the pact fell within Californias energy laws, including those focused on deregulation and public meetings.

In September of last year the U.S. 9th Circuit Court of Appeals sent the case to the California Supreme Court. The ruling validates the PUCs authority to set rates.

Southern California Edison supplies 4.3 million customers, or about 11 million individuals, in Los Angeles County and surrounding counties.

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