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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

TransCanada Buys 560 Megawatts in Alberta Auction

LCG, Aug. 25, 2000--TransCanada Pipelines Ltd. said yesterday it had acquired the rights to the output of the 560 megawatt Sundance A power plant in the province of Alberta. TransCanadas bid of about $212 million Canadian ($143 million U.S.) won the capacity in an auction conducted by the provincial government.

"Power is one of TransCanada's core businesses and Alberta is one of our core markets," saidDoug Baldwin, TransCanada's president and chief executive. "The auction provided an opportunity to purchase competitively priced power to help build our power business in the province." TransCanada said it already has agreements to re-sell approximately 400 megawatts to industrial customers underlong-term contracts.

The Sundance plant is a little less than 40 miles from Edmonton and is the largest coal-fired power plant in western Canada.

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