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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

NRC Issues 'Strategic' Five-Year Plan

LCG, Oct. 17, 2000The Nuclear Regulatory Commission yesterday issued a five-year plan outlining the agency's mission, what it plans to accomplish and how it will be able to know whether it is meeting its objectives. The plan runs through fiscal 2005.

The NRC gives highest priority to public health and safety in its regulation of nuclear power plants, nuclear fuel cycle facilities, nuclear waste disposal, and the industrial and medical uses of nuclear materials, according to a summary of the plan released yesterday.

But, according to NRC chairman Richard A. Meserve, "To be a successful regulator, we must consider the effects of our decisions on the public and the industries we regulate." That means "making our activities and decisions more effective and efficient, enhancing public confidence, and reducing unnecessary regulatory burden."

A multi-megabyte copy of the plan is available from the NRC. Briefly, the agency set goals in four areas: nuclear reactor safety, nuclear material safety, nuclear waste safety and international nuclear safety support.

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