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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

Palisades Nuclear License Extended 4 Years

LCG, Dec. 18, 2000--Michigan utility Consumers Energy Co. said Friday that the Nuclear Regulatory Commission had granted its request to extend the operating license of its 789 megawatt Palisades nuclear power plant by four years.

The original license for the plant was issued in 1968 and would have expired in 2008. However, the license period included the four years the plant was under construction. As modified, the license will now run from March 1971, when the plant began commercial operation, until March 2011.

Getting the extension seems as though it should have taken little more than phone call, but these are weighty matters. "This is a major achievement for Palisades which resulted from thousands of hours of work by our employees," said Robert A. Fenech, the utility's senior vice president for nuclear, fossil and hydro operations.

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