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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

Calpine to Develop 500 Megawatt Louisiana Plant

LCG, Jan. 29, 2001Calpine Corp. said Friday it had acquired from Cogentrix Corp. of North Carolina the development rights for a 500 megawatt merchant power plant to be built near Bogalusa, La.

Construction of the $300 million Washington Parish Energy Center is expected to being "shortly," Calpine said, and commercial operation is penciled in for mid-2002.

Diana Naylor Knox, a senior vice president of Calpine, said "We view Louisiana as a growth market, and this acquisition solidifies Calpine's position in the Louisiana wholesale market as well as the Southeastern Electricity Reliability Council."

Calpine said the plant will use two natural gas combustion turbines in combined cycle with a single steam turbine to produce 490 megawatts of base load power and will have the ability to ramp up to 577 megawatts during periods of peak demand.

Calpine said it will manage all aspects of project development including engineering and design, construction, fuel supply, operations and power marketing. The facility is expected to contribute more than $40 million in property taxes to Washington Parish over the life of the plant.

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