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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 Completes Acquisition of Power Plant from Mirant

LCG, December 1, 2006--Pacific Gas & Electric (PG&E) announced yesterday that it has completed the acquisition of a partially built, gas-fired power plant located near Antioch, California. PG&E plans to invest an additional $370 million to complete the facility, which the company received as part of a settlement agreement with Mirant related to claims of market manipulation.

The design electric generating capacity of the project is 530 MW. PG&E plans for commercial operations of the plant, renamed "Gateway," to commence in 2009.

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