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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

Group of Companies to Explore Nuclear Licensing

LCG, Mar. 31, 2004--A group of power generation companies plans to split the costs associated with the regulatory process for a nuclear power facility, an effort which could lead to the construction of a nuclear plant beginning by the end of the decade.

The Nuclear Regulatory Commission's licensing process has been changed to allow the agency to issue not only a construction permit but an operating license, based on a generic reactor design. The members of the consortium includes Exelon Corp., Entergy Nuclear, Constellation Energy Group Inc., Southern Co., EDF International North America Inc. (a unit of Electricite de France), as well as reactor builders General Electric Co. and Westinghouse Electric Co. The reactor vendors have already submitted designs for consideration by the NRC. Members of the group have said that they are ready to spend $7 million annually in the hopes that they can obtain a permit by 2010, although they have stressed that the effort will not definitely result in a decision to build a plant.

The agreement among the companies will allow any of those involved to proceed towards construction of a plant, whether independently or as part of a group.
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