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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

Southern California Edison Commits to 1,500 MW Wind Farm

LCG, December 22, 2006--Southern California Edison, an electric utility owned by Edison International, signed a 20-year power purchase agreement (PPA) for the electric output from a planned, 1,500 MW wind farm to be located in Southern California. The PPA is with Allco Wind Energy, a division of Allco Finance Group Limited (AFG).

The planned project will be built on a 50-square mile area in the Tehachapi area of Southern California. Allco Wind Energy stated that it would develop the project through a joint venture partnership with Oak Creek Energy Systems. The initial wind turbine installations are expected to be completed in 2010.

California's renewable energy goals and global warming legislation create a positive regulatory environment for wind developers. However, the PPA will need to be approved by the California Public Utilities Commission. Furthermore, to deliver the power to markets; the Commission will need to approve plans to construct a series of new and upgraded high-voltage transmission lines.

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