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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

Virginia SCC Gives Approval for Dominion Virginia Power to Join PJM

LCG, November 11, 2004--The Virginia State Corporation Commission (SCC) yesterday authorized Dominion Virginia Power (DVP) to transfer control of its transmission assets to the PJM Interconnection (PJM). Although PJM will control the transmission system, DVP will retain ownership.

The Virginia Restructuring Act requires Virginia electric utilities to accomplish such transfers by January 1, 2005. As with the SCC's August 31, 2004 authorization to transfer AEP's Virginia assets to PJM, the SCC staff noted that PJM is the only RTO option available to meet the requirements of the Restructuring Act. The SCC staff also noted that the cost/benefit studies do not establish a significant economic detriment.

PJM has significantly expanded its operations this year. Last May, PJM integrated over 5,000 miles of transmission lines transferred by Commonwealth Edison (ComEd), becoming the world's largest grid operator. On October 1, PJM began managing the transmission lines of AEP and Dayton Power and Light Company. PJM now operates an integrated grid spanning twelve states.

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