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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

FERC Approves Market Redesign Changes Proposed by California ISO

LCG, September 22, 2006--The Federal Energy Regulatory Commission (FERC) unanimously approved the Market Redesign and Technology Upgrade (MRTU) program submitted by the California Independent System Operator (California ISO). The MRTU is designed to improve the electricity market structure in California to enable a more efficient and competitive market to evolve.

Key elements of the MRTU include: a financially binding, day-ahead energy market, or Integrated Forward Market; the use by the California ISO of a Full Network Model of the grid to forecast and identify transmission congestion as a tool in managing congestion; simultaneous consideration of energy and ancillary services (reserves); Locational Marginal Pricing (LMP); and strengthening resource adequacy requirements for load-serving entities.

The FERC also directed the California ISO to expand upon price-responsive demand programs within sixty days of the order. Furthermore, the FERC directs the California ISO to schedule technical conferences to address commenter concerns, including operational rules regarding seams issues with other transmission service providers in the West.

The MRTU is scheduled to be implemented in November 2007.


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The Locational Marginal Price Model (LMP) Network Power Model
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A Battery Simulation Model
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Day Ahead and Real Time Market Simulation
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