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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

PSEG Power Plans 1,186 Megawatt New Jersey Plant

LCG, July 20, 2000--PSEG Power LLC, the independent electric generating and trading subsidiary of Public Service Enterprise Group, said yesterday it will build a new, two-unit, 1,186 megawatt natural-gas fired combined cycle generating facility at its Linden Generating Station, Linden, N.J.

The $590 million project is scheduled for completion in May 2003, at which time three existing oil-fired steam units at Linden with a total capacity of 436 megawatts will be retired.

PSEG Power was established last summer in response to electric industry restructuring in New Jersey. Ownership of the generating assets of sister company Public Service Electric & Gas Co. was transferred to the new firm, which has also acquired power plants from other divesting utilities and is building new generation on its own.

Frank Cassidy, president and chief operating officer said "The Linden project fits PSEG Power's aggressive growth strategy and is in line with our goal of becoming a major competitor in electric generation, wholesale energy sales, and energy trading in a region of the U.S. that extends as far north as Maine, as far south as the Carolinas, and as far west as Ohio."

PSEG Power said it is exploring opportunities to use treated waste water for all or part of cooling water requirements, an innovation pioneered at Bergen Generating Station where it is adding 500 megawatts of gas-fired, combined cycle capacity.

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