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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

520 Megawatt Gas-burner Planned for Virginia

LCG, Nov. 7, 2000--A new 520 megawatt natural gas-fueled combined cycle power plant is planned for central Virginia, a few miles southeast of Charlottesville, according to a special use permit application filed with the Fluvanna County Planning Commission by Competitive Power Ventures, a Maryland firm.

The Cunningham Creek plant will occupy 20 acres within a 388-acre tract and will use air-cooled condensers in order to minimize water use. The air-cooled condensers will also do away with the visible cloud of steam that hovers over many power plants.

The Fluvanna Country planning staff will review the special use permit application and comment on it before it goes to the commission in December. A final vote on the application could be taken by the county Board of Supervisors in January.

Chris Broemmelsiek, project manager for the Cunningham Creek project, said CPV employees will host an open house November 21 in the auditorium of a local school to keep Fluvanna residents informed of the company's plans.

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