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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

IMO Forecasts Improved Electricity System Reliability for Ontario

LCG, June 24, 2004--The Independent Electricity Market Operator (IMO) issued yesterday its 18-month outlook for the Ontario electricity system, describing the reliability over the next 18 months as "substantially improved compared with the outlook presented one year ago." The reliability improvements are driven by the recent and near-term addition of 2,800 MW of capacity, consisting of five new gas-fired plants coming on line by August 2004, together with the return to service of three nuclear units. However, forecast reserves relative to requirements will be tight at times, particularly during the fall of 2004 when generator outages are expected for maintenance purposes. For reliability needs, the IMO may act to cancel some planned generator outages.

In April 2005, the planned shutdown of the 1,150 MW, coal-fired Lakeview Station will reduce generating capacity and emphasizes the need for Hydro One to complete related transmission improvements currently underway in the Greater Toronto Area.

To meet future system reliability objectives, the Ontario government plans to issue a Request for Proposal for up to 2,500 MW of new generating capacity and/or demand-side management initiatives to be developed as early as 2005.

How the Pickering nuclear station reactors, located east of Toronto, will fit into the future resource plan remains unclear. Of the four Pickering nuclear reactors, only one was restarted last fall, behind schedule and over budget. The other three (Pickering A Units 1 to 3) are moth-balled - and not assumed to be available in the IMO's the 18-month forecast. Last week, the board at Ontario Power Generation recommended to the government that a second reactor at the Pickering A generating station should be restarted.

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