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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

NRC Tables CP&L Spent Nuclear Fuel Plan

Feb. 19, 2001The Nuclear Regulatory Commission on Friday told Carolina Power & Light Co. that it needed more information before it could allow the company to store spent nuclear fuel in two unused pools at its Sharon Harris nuclear power plant in Raleigh, N.C.

The 900 megawatt Harris plant was originally designed for four reactors, but only one was completed. However, the plant's fuel handling building has four spent fuel pools, as originally planned. The plant's operating license issued in 1987 authorized CP&L to use two of those pools for storage of spent fuel from the Harris plant and from three other reactors owned by the company.

The Harris plant, like nuclear power plants throughout the United States, is choking on its spent fuel due to the failure of the federal government to make good on its obligation to provide permanent storage beginning in January 1998.

In December, the NRC staff had approved the company's request to put the two unused spent fuel pools to use. But the Board of Commissioners of Orange County, N.C., has asked the NRC for an immediate stay of that approval and has made legal filings to back up its request..

While the NRC rejected the Orange County petition, it says it will now reconsider whether to hold oral hearing on CP&L's proposal. The NRC staff has 14 days to provide additional information on the matter.

In the meantime, the agency has ordered CP&L to hold off on using the two unused, but available, spent fuel pools.

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