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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

PG&E Pursues New Power Supplies

LCG, November 4, 2004--Yesterday Pacific Gas and Electric Company (PG&E) issued two Requests for Offers (RFOs) for long-term power supply contracts that total 2,200 MW of power, with about 1,200 MW to be available by 2008 and the remainder by 2010.

The RFO follows PG&E's long-term resource plan that was filed with the California Public Utilities Commission (CPUC) in July 2004. In the resource plan, PG&E proposed a 50/50 mix of utility-owned generating facilities and wholesale generator contracts. The RFO criteria for utility-owned generation includes all fuel types and technologies for new, dispatchable facilities with a capacity of at least 25 MW. Similarly, the RFO criteria for long-term contracts is for peaking capacity of at least 25 MW. With respect to renewable energy supplies, a process is already underway at PG&E for additional intermediate and long-term contracts.

PG&E expects the CPUC to issue a final decision on the long-term resource plan by the end of the year. The initial responses to the RFOs are due January 14, 2005, and PG&E plans to submit the executed contracts to the CPUC in June 2005.

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