EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Sierra Pacific to Sell Interest in Nevada Coal-burner

LCG, Oct. 20, 2000--Sierra Pacific Resources Inc. said yesterday that it would sell its 50 percent interest in the Valmy Steam Plant, a two-unit, 521 megawatt coal-fired powerhouse located near Winnemucca, Nev., to NRG Energy Inc. of Minnesota.

NRG will pay Sierra Pacific $273.3 million for the facility and other small generation facilities, net of minor adjustments. As part of the deal, Sierra pacific will have the right to but power and ancillary services for agreed upon prices through early 2003.

The company said the sale of generation assets including Valmy, which was owned by Sierra Pacific Power Co. when it Merged with Nevada Power Co. to form Sierra Pacific Resources, is a regulatory condition of that merger.

Sierra Pacific sold its 14 percent interest in the big Mohave Generating Station in Laughlin, Nev., to AES Corp in May and expects to complete the sale of its other power plants next year.

The sale of Valmy, which is subject to approval by various regulatory bodies, is expected to close by next summer.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service