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News
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LCG, June 4, 2025--Energy Vault Holdings Inc. (Energy Vault) and Jupiter Power (Jupiter) today announced the signing of an agreement for the supply of an additional battery energy storage system (BESS) at a Jupiter site in the Electric Reliability Council of Texas (ERCOT) region. The initial BESS project, located near Fort Stockton, Texas, was completed in July 2024, with a storage capacity 100 MW/200 MWh. The new BESS project will add another 100 MW/200 MWh of capacity. Construction has commenced, and the project is expected to achieve commercial operations by the end of this summer.
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LCG, May 30, 2025--NuScale Power Corporation (NuScale), a leading provider of advanced small modular reactor (SMR) nuclear technology, yesterday announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 77 MW power modules. NuScale states that it remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030, with 50- and 77-MW SMR options.
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Press Release
LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT)
LCG, March 11, 2021 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2021. The Outlook represents the operation of ERCOT wholesale electricity market under “business as usual" conditions, as is always the case in the Outlook. The report outlines future operation of the ERCOT nodal market, including Locational Marginal Prices (LMPs), load zone prices, hub prices and expected congestion.
However, this winter has brought anything but business as usual to Texas. Severe and persistent winter temperatures led to large-scale generators outage and natural gas curtailment, and subsequently widespread black outs and public outrage. Although ERCOT had returned to more normal operating conditions, the crisis is not yet over, and the Public Utilities Commission of Texas and legislature are actively considering changes to the system and market. If and when changes are enacted that may affect ERCOT, LCG will issue an addendum and perhaps analysis from further studies in Texas.
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Readers can DOWNLOAD the Report clicking the button above. For more information on LCG’s products and services, contact Julie Chien at julie.chien@energyonline.com
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