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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

LA City Council Votes to Approve Goal of 100% Carbon-free Energy by 2035

September 3, 2021--The Los Angeles City Council voted unanimously on Wednesday to direct the Los Angeles Department of Water and Power (LADWP) to prepare a Strategic Long Term Resource Plan that achieves 100 percent carbon-free energy by 2035. The target year of 2035 is ten years earlier than the prior target and aligns with the goals proposed by President Biden for the electric sector.

The approved motion also directs LADWP to report every six months on the transition to renewable energy to the City Council’s Energy, Climate Change, Environmental Justice and River Committee. In addition, the LADWP is ordered to develop a long-term hiring plan for nearly 10,000 “green” jobs.

LADWP, the largest municipal utility in the country, has been planning for carbon-free power, and the new motion will accelerate their efforts.

LADWP is actively working to develop a new power generating facility at the Intermountain Power Plant (IPP) in Delta, Utah, where the current coal-powered facility will be retired. The new combined-cycle facility will use advanced gas turbines fueled with a hydrogen-gas mix and, ultimately, 100 percent renewable hydrogen for power generation. The project includes the development of nearby salt caverns for underground storage of green hydrogen. The facility will be owned by the Intermountain Power Agency (IPA) and operated by LADWP.
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