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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

Dresden Unit 2 Gets Four More Years from NRC

LCG, Aug. 30, 2000The Nuclear Regulatory Commission has extended the operating license for the Dresden Unit 2 nuclear power plant by four years, compensating for a like period of time when the plant was already licensed but still being built.

The facility, owned by Commonwealth Edison Co., received its 40-year license from the NRC on Jan. 10, 1966, but did not begin operations until June 9, 1970. The agency, in effect, returned to ComEd the four unused years of its license to operate the plant.

The NRC issued the amendment following a review, which concluded that Dresden Unit 2 could be operated safely through the construction recapture period.

"This is the right thing for us to do at Dresden and it will allow us to recognize the full value of thestation," said Oliver D. Kingsley Jr., president of ComEd's Nuclear Generation Group and the utility's chief nuclear officer.

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