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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

Utah PSC Authorizes Lake Side Power Project

LCG, November 16, 2004--Utah Public Service Commission authorized PacifiCorp and its regulated affiliate, Utah Power, to proceed with the construction of the 534-MW Lake Side Power Project. The gas-fired project will be located northwest of Provo near Vineyard, Utah and is estimated to cost $330 million.

The Lake Side Power Project will be built by Summit Energy, with a target completion date of 2007. The plant will be owned and operated by PacifiCorp.

In March of this year, the Commission also approved Pacificorp's 525-MW, gas-fired Currant Creek power project, which was estimated to cost $345 million. Both plants are expected to be included in PacifiCorp's ratebase.

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