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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 Energy Commission Approves New Project

LCG, June 18, 2004--The California Energy Commission approved on Wednesday the 1,120 MW, natural gas-fired Tesla Power Plant Project, one of the largest new power plants to be built in California in years. The plant is planned to be built in Northern California near Tracy by Midway Power, a subsidiary of the FPL Group/FPL Energy. This project will be a significant increase of FPL Energy's investment in California, as FPL Energy has financial interests in roughly 1,800 MW of capacity (largely wind) in California. The company is looking for a buyer of the power, and a groundbreaking date is not yet set.

The project was approved on a 4-0 vote. Since California deregulated its electricity system in 1996, the California Energy Commission has approved 49 power plants totaling 20,140 MW. Only 24 of those plants, with a capacity of 8,311 MW, are now operating. "In 2006 and beyond, we're going to need more new generation to keep an adequate surplus to avoid rolling blackouts, so this will help toward that goal," said California Energy Commission spokesman Chris Davis.

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