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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

Tampa Electric Affiliate Puts Plant On-line in Virginia

LCG, Aug. 15, 2000--An affiliate of Tampa Electric Co. threw a party yesterday morning to dedicate about half of a power plant in Accomack County, Virginia, which is across the Chesapeake Bay from the rest of the state.

The 312 megawatt Commonwealth Chesapeake Power Station is being built by Teco Power Services Corp. in two phases, and yesterdays ceremony celebrated commercial operation of the 135 megawatt first phase. The second phase is scheduled to begin production next June.

The plant was dedicated by Sen. John Warner, a Virginia Republican, and former Commerce Secretary Robert Mosbacher, whose company, Mosbacher Energy Co. is affiliated with the plants developer.

Power from the plant is sold into the PJM wholesale market, the largest centrally dispatched electricity control area in North America.

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