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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

Back to the Drawing Board for Salem Harbor Plant

LCG, July 13, 2004--The Federal Energy Regulatory Commission (FERC) issued an order last week for PG&E National Energy Group Inc. - the bankrupt owner of the Salem Harbor Power Plant - to work with ISO New England and others to develop a better plan to address the $85 million environmental cleanup of the plant. The FERC did not approve the plans that would have Eastern Massachusetts electric customers pay environmental cleanup costs.

If an agreement on a new plan that addresses the FERC's concerns is not delivered within 60 days, the FERC will order a full investigation to determine if the plan "may be unjust, unreasonable...or otherwise unlawful."

The Salem Harbor power station includes three coal-fired generating units totaling 313 MW, plus 450 MW oil-burning unit. PG&E has requested ISO New England officials to shut down the plant, given its lack of funds to pay for the environmental cleanup costs. However, from a system reliability perspective, ISO New England sees the plant as needed to avoid blackouts. "The ISO is pleased that the FERC recognizes that a reliability operating agreement for Salem Harbor will be needed until power system conditions improve in the Greater Boston area," said Ellen Foley, a spokeswoman for ISO New England.

Those interested in purchasing the plant from PG&E must address the uncertainties regarding who carries the $85 million cost for environmental clean-up, plus the potential impact of transmission upgrades that would effectively (a) increase the competition between Salem and other generating stations and (b) reduce its "reliability" value from ISO New England's perspective.

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