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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

New Bolivian Power Plants would Serve Brazil

LCG, July 27, 2000--Natural gas prices in Bolivia are about a third of those in Brazil, a circumstance prompting Enron Corp. of the U.S. and Brazils state-owned oil company Petrobras to plan new power plants in Bolivia to send power across the border into Brazil, the business newspaper Valor reported yesterday.

Enron said it would build a 150 megawatt gas-fired power plant in the Bolivian border town of Porto Suarez and construct a 14-mile transmission line to hook it up with the Brazilian grid. "The choice to build on Bolivian soil was based on economic and strategic criteria," said Enron Energy vice president Joao Carlos Alburquerque.

Power from the Porto Suarez plant would be bought by Elektro, a Brazilian subsidiary of Enron.

Petrobras also wants to build a 150 megawatt plant in Bolivia and is negotiating to bring the Bolivian government in on the deal. Petrobras owns rights to about 10,600 billion cubic feet of Bolivian natural gas reserves, nearly a third of the countrys total.

Bolivia would like Petrobras to accept gas for the power plant from any source, but Petrobras wants all the gas used for plant fuel to come from its own Bolivian gas production units.

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