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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 Approves Midwest ISO Tariff

LCG, August 9, 2004--The Federal Energy Regulatory Commission (FERC) conditionally accepted the Midwest Independent Transmission System Operator Inc.'s (Midwest ISO) proposed Open Access Transmission and Energy Markets Tariff (TEMT) on August 6, 2004. The TEMT includes Day-Ahead and Real-Time energy markets that will incorporate centralized, security-constrained, economic dispatch and LMP-based pricing similar to the operations of PJM, the New York ISO and ISO-New England. The TEMT will include market mitigation based upon conduct and impact thresholds. In an earlier order, the Commission set the Midwest ISO's market implementation date to be March 1, 2005.

The Midwest ISO covers more than 96,000 miles of high voltage transmission lines located in 15 states and one Canadian province. The implementation of the TEMT will alter the market design and competition across a wide expanse, extending from eastern Montana through the upper Midwest - including Manitoba - and south to parts of Kentucky and Missouri. Once the TEMT is implemented, the FERC's Standard Market Design, with LMP-based pricing, will effectively be in use across the northern half of the Eastern Interconnect.

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