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Energy Vault and Jupiter Power Announce New Agreement for Battery Energy Storage System in Texas

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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NuScale Power Achieves Standard Design Approval from NRC for 77 MW SMR

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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Industry News

SCE Announces Contracts for 770 MW of New Energy Storage Capacity

LCG, May 7, 2020--Southern California Edison (SCE) Friday announced that it has signed seven contracts for battery energy storage systems (BESS) to enhance reliability in California. The contracts, with terms ranging from 10 to 20 years, will provide in aggregate 770 MW/3,080 MWh of battery storage resources. The projects are located across Southern California’s Kern, Fresno, Riverside and San Diego counties, and all projects are scheduled to commence operations by August 1, 2021.

SCE’s vice president of Energy Procurement & Management stated, “Signing these contracts aligns with SCE’s Pathway 2045, continues our support of California’s goal to green the state and also encourages clean energy projects of all types, creating jobs and strengthening our economy.”

The seven storage projects should improve reliability in California, where reliance on intermittent renewable generation resources continues to grow to meet the States renewable and green house gas (GHG) emission goals, and aging, dispatchable natural gas plants, including coastal plants with once-through cooling, are retired. The California Public Utilities Commission (CPUC) has targeted adding approximately 8,900 MW of energy storage capacity by 2030 in the State to support reliability in the quest to achieve GHG emission reduction goals.

Most of the seven battery storage projects are co-located with solar facilities so that the solar facilities can be used to charge the battery over the term of the contract and potentially utilize the federal Investment Tax Credit (ITC). The contract capacities range in size from 50 MW to 230 MW. These projects will be located at the same point of interconnection and will be the first of their kind on California’s grid.

The selected bidders for the projects are NextEra Energy Resources (three projects, totaling 460 MW), Southern Power (two projects, totaling 160 MW), LS Power (one project, 100 MW), and TerraGen Power (one project, 50 MW). The contracts will require CPUC approval, and SCE expects to submit the contracts for approval later this month.
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