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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

California Utilities Told to Shed Load Under 'Stage 2 Emergency'

LCG, Dec. 5, 2000--California's investor-owned utilities were directed yesterday afternoon to curtail power deliveries to customers with interruptible contracts as the state's reserves of electricity fell below 5 percent, triggering a "Stage 2 Emergency."

At the same time, the utilities and the California Independent System Operator called on all customers to immediately reduce electricity consumption.

Pam Bass, Southern California Edison Co. senior vice president for customer service, said late yesterday afternoon "If power does not decrease soon, it will be necessary to begin shutting off power for blocks of customers. Everyone needs to cut their use of power now to avoid forced outages."

Pacific Gas & Electric Co. said part of the problem was caused by a transmission outage in the southern part of its service territory, near Bakersfield. When some wires went out, a power plant shut down to protect itself.

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