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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

TXU's Plans to Build Nuclear Reactors Gains Momentum

LCG, March 15, 2007--Mitsubishi Heavy Industries Ltd. announced yesterday that it has received an order for two nuclear reactors from TXU Corp. TXU notified the U.S. Nuclear Regulatory Commission (NRC) of the selection late last week. Mitsubishi plans to submit its application to receive the reactor design certification from the NRC by the end of 2007.

The order is for two US-APWRs, Mitsubishi's new pressurized water reactor. The generating capacity of each reactor is 1,700 MW. The new reactors, targeted to be built near Dallas, are scheduled to commence commercial operations between 2015 and 2020.

TXU announced in late February that it had executed an agreement to be acquired for $32 billion by private equity firms led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group.

Last September TXU announced its plan to file applications with the NRC for combined Construction and Operating Licenses (COLs) for one to three sites, with a combined electric generating capacity of up to 6 GW. TXU expected to submit the applications in 2008.


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