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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

FERC Reiterates Rule on Transmission Interconnection

LCG, Mar. 3, 2004--A rule designed by the Federal Energy Regulatory Commission and first outlined in July 2003 was given further publicity today, based on the agency's interest in promoting and clarifying its position on non-discriminatory transmission access.

The specific area of the rule detailed by FERC concerns upgrades to transmission, and how much the provider may charge its interconnected customer. The provider has an option of charging a transmission rate that is the incremental cost for any upgrades associated with the interconnection, but it may also charge the average embedded cost rate across the transmission system. The agency is of the opinion that allowing the provider to charge the higher of those amounts would mean that existing transmission customers would not in effect be required to pay for new interconnections by merchant generators.

The rule affects close to 176 investor-owned public utilities owning, operating or controlling interstate transmission.
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