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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

Newsmakers

Lisa M. Bodensteiner, general counsel for Calpine Corp., has been promotedto senior vice president. In 1996, Bodensteiner joined Calpine as associate counsel. Since then, her responsibilities have grown rapidly to include oversight of a large and expanding legal staff at the corporate office and the regional offices in Boston, Houston and Pleasanton, Calif.

John Erickson has been named president of Otter Tail Corp., the new name of Otter Tail Power Co. He was made an executive vice president in June of last year in preparation for the retirement of John MacFarlane who will remain chairman and chief executive until 2002, when Erickson is expected to succeed him in those positions.

Alan J. Noia, chairman, p[resident, and chief executive ofAllegheny Energy Inc., has been elected a director of the Electric Power Research Institute for a four-year term, beginning this month.

Bruce E. Walenczyk will join Allegheny Energy Inc. May 1 as senior vicepresident and chief financial officer, replacing Michael P. Morrell, who was appointed president of Allegheny Energy Supply Co. earlier this year. Walenczyk was most recently financial vice president with PSEG Energy Holdings Inc.

Deaths

George L. Ingalls, a New York Power Authority trustee for 23 years until his retirement in 1990, died Tuesday at Our Lady of Lourdes Hospital in Binghamton. He was 86. Ingalls was appointed to the board by Governor Nelson A. Rockefeller in 1967, and his 23 years as an NYPA trustee -- 17 years as vice chairman --is a record. His lengthy tenure was recognized in 1991 when the powerhouse at the Power Authority's Blenheim-Gilboa pumped storage power project in Schoharie County was named for him.

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