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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

LA Follows Springfield's Lead in Dropping Coal Alternative

LCG, August 26, 2004--Earlier this month, citizens in Springfield, Missouri voted down a new, coal-fired power plant near Springfield proposed by City Utilities of Springfield to meet future electricity requirements. On August 24, Los Angeles Mayor James Hahn directed Los Angeles Department of Water and Power (LADWP) to withdraw from the expansion of the coal-fired, Intermountain Power Plant in Utah and to pursue cleaner energy sources.

LADWP is the nation's largest municipal utility. For a number of years, plans have been underway to expand LADWP's coal investments by building a third, jointly-owned, 950 MW coal plant in Utah. LADWP's share of the $2.1 billion project would be $215 million. The mayor's directive is to immediately stop pursuing the coal plant and instead evaluate cleaner alternatives.

Under the direction of the mayor, the City Council and the Board of Water and Power Commissions, LADWP is developing a Renewable Portfolio Standard (RPS) to increase its share of power generation through renewable energy sources -- such as solar, wind, geothermal and biomass -- to 13% of its energy by 2010 and 20% by 2017. Last month LADWP issued a request for proposals (RFP) for renewable energy projects. By dropping the coal project, LADWP -- like City Utilities of Springfield -- will need to develop new plans as to how to supply its future electricity requirements.

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