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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

Dominion, CME Plan 800 Megawatts for Michigan

LCG, April 12, 2001-- Dominion Resources Inc. said this morning it would partner with CME North American Merchant Energy in the proposed development of an 800 megawatt power plant near the village of Dundee in Monroe County, Michigan.

Jerry V. Llaneza, Dominion's director of business development, said "the proposal needs additional analysis. The ultimate timeline for developing and beginning commercial operations will depend on several studies that the new partnership intends to carry out before proceeding."

The company said it has yet to perform all the environmental and other permitting studies required for the $300 million plant. If the project moves forward, the plant will be fueled by natural gas supplied from Dominion's reserves in the region.

CME is a power plant developer currently involved in co-developing 6,300 megawatts of greenfield merchant plants in Ohio and Michigan.

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