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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

Colorado Pursues Wind Power

LCG, August 24, 2004--Last week Xcel Energy received approval from the Colorado Public Utilities Commission to add at least 500 MW of wind capacity to its energy portfolio by 2006. The Xcel wind plan is contingent upon Congress extending the production tax credit this year.

It was also announced last week by the Colorado Secretary of State that the Colorado Renewable Energy Initiative had gathered enough signatures to place the initiative on the ballot. The initiative, opposed by Xcel, would require electricity providers serving more than 40,000 customers to use 10 percent or more of power from renewable sources by 2015.

In spite of delays in the extension of the production tax credit, wind power and renewables are gaining momentum as sixteen states and a number of municipalities set long-term renewables goals that require a significant portion of energy be supplied by renewables. For example, California's Renewable Portfolio Standard (RPS) requires 20 percent of the energy the Investor-Owned Utilities deliver to their customers to come from renewable resources by the year 2017. To pursue these goals, both San Diego Electric & Gas and Los Angeles Department of Water and Power issued Requests for Proposals (RFPs) for renewables last month.

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