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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

Newsmakers

A weekly summary of news about key people in the electricity and natural gas industries.

Glenn Etienne has been named senior director for legislative affairs by Dynegy Inc. He most recently was director of regulatory and governmental affairs for the merchant power company.

David S. Gee has joined PG&E Corp. as vice president for strategic planning. He moves to the utility holding company from McKinsey & Co. where he was a principal in the global energy practice and a member of the European petroleum, electric utility, and chemicals practice.

Edwin A. Guiles has been named group president of Sempra Energy Corp.s regulated business units and chairman of both San Diego Gas & Electric Co. and Southern California Gas Co., succeeding Warren Mitchell, who retired last month as group president and chairman of both utilities. Previously, Guiles served as president of SDG&E since 1998.

Walter M. Higgins has returned to Sierra Pacific Resources Corp. as chairman, president and chief executive officer and will make his offices in Las Vegas. Higgins occupied those positions with Sierra Pacific from 1994 to 1998, leaving to become chairman and chief executive officer of AGL Resources Inc. in Atlanta.

Lee W. Hogan, vice chairman of the Reliant Energy Inc., has resigned to pursue personal interests. He joined Houston Lighting & Power Co. in 1990 and became a director of parent holding company Houston Industries Inc. in 1995, before the name of the company was changed to Reliant Energy.

Steve Philley, vice president for energy supply with TXU Corp. operating subsidiary TXU Electric & Gas Co., has been appointed chief executive officer of TXU Australia, replacing Bob Shapard, who recently announced his resignation to take a position as executive vice president and chief financial officer with Ultramar Diamond Shamrock Corporation.

Paula Rosput, president of Atlanta Gas Light Co., has been elected president and chief executive officer of AGL Resources Inc., replacing Walter M. Higgins who resigned in order to return to Sierra Pacific Resources Corp.

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