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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

LADWP Board Approves Wind Agreement with PPM

LCG, June 8, 2006--The Los Angeles Department of Water and Power (LADWP) Board of Water and Power Commissioners Tuesday approved a long-term agreement with PPM Energy, Inc. (PPM) to purchase 82 MW of wind power annually over the next 16 years.

The energy will be generated at the Pleasant Valley Wind Energy Center, located in Uinta County, Wyoming. LADWP has agreed to pay a fixed amount of $63/megawatt-hour for the term of the agreement, and LADWP estimates that the energy delivered will cost between $236 million and $280 million over the term of the agreement. Power deliveries are to commence July 1, pending approval by the City Council.

The City of Los Angeles has a goal of achieving 20 percent renewables by 2010, and the new agreement will increase the City's renewable energy supply portfolio to about 6.5 percent renewable energy. Two additional renewable wind energy agreements with PPM are expected to be presented for Board and City Council approval in the near future, according to LADWP. These two projects will increase the City?s renewable energy portfolio by another 1.2 percent.

Last November, the LADWP Board approved a deal to acquire the Pine Tree Wind Project located in Kern County, California. The Pine Tree Wind Project, with an electric generating capacity of 120 MW, will be the largest wind farm owned by a municipality in the country. The project will consist of 80, 1.5-MW wind turbines to be provided by GE Energy. The Pine Tree Wind Project will be located about 12 miles north of Mojave, California. The current project schedule is to commence operations in late 2007.



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