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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

AEP Ohio Plans 49.9-MW Solar Project in Ohio

LCG, October 8, 2010--AEP Ohio, a unit of American Electric Power, announced Tuesday that it signed a memorandum of understanding (MOU) to negotiate a 20-year, power purchase agreement (PPA) for the energy generated from a 49.9-MW solar energy project with Turning Point Solar LLC, a joint venture of Agile Energy Inc. and New Harvest Power.

The planned solar power plant will be located on a 500-acre site in southeastern Ohio that includes reclaimed lands owned by AEP Ohio. The project will be constructed in three phases, with approximately 20 MW scheduled to commence commercial operation by late 2012. Phase 2 will add 15 MW and be operational by the end of 2013, while Phase 3 will begin delivering power to the grid by the end of 2014.

In 2008, Ohio passed Senate Bill 221, which includes alternative and renewable energy generation and procurement requirements for all retail electricity providers except municipal utilities and electric cooperatives. The legislation requires retail electricity providers to provide 25% of their retail electricity supply from alternative energy resources by 2025 and includes solar carve-outs. AEP Ohio is required to rely upon solar to supply 0.06 percent of its load in 2012, 0.09 percent in 2013, and 0.12 percent in 2014, with a requirement of 0.5 percent by the end of 2024 and thereafter.

In addition to construction jobs, it is anticipated that the project will bring 300 permanent jobs to Ohio through Turning Point's negotiations with Prius and Isofoton, solar equipment manufacturers from Spain, to supply monocrystalline solar PV modules and solar trackers for the project from new manufacturing facilities constructed in Ohio.
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