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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

Republicans Back Nuclear Environment Benefits

LCG, Aug. 1, 2000--Delegates to the Republican National Convention in Philadelphia yesterday voted on the Grand Old Partys national platform, and among the calls for tax cuts and extending Nafta to include our South American neighbors was an endorsement of nuclear generation of electric power.

Hydroelectric generation also got the nod, even from fish lovers who worry about dams. One delegate observed that most conservatives were conservationists. "Its hard to be one without being the other," he noted, "inasmuch as the words mean pretty much the same thing."

The platform language scathes the Clinton administration for its concentration on unproved and unpractical means of emissions-free production of electric power. "The current administration has turned its back on the two sources that produce virtually all the nation's emission-free power: nuclear and hydro, the sources for nearly 30 percent of the country's electricity," the platform states.

"Because of cumbersome federal relicensing of hydro and nuclear operations, we face the prospect of increasing emissions and dirtier air," the Republican statement continued.

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