EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Brazil Okays 11,000 Megawatt Hydro Project

LCG, April 30, 2001The Brazilian government, anxious to end the nation's electric power shortages with one massive project, intends to move forward with development of an 11,000 megawatt hydroelectric project on the Xingu River in the northern state of Para.

The $6 billion facility was first broached a decade ago but has languished because of environmental concerns, but the government, through the Ministry of Mining and Energy, now intends to proceed with the development at the town of Belo Monte on the Amazon tributary.

Officials at an energy forum in Sao Paulo last week said the plant would be financed with government and private money and could be completed by 2008. It would add almost 16 percent to the installed generating capacity in Brazil.

Original plans for the giant plant have been changed to take advantage of a curve in the Xingu River so that the impoundment will occupy space that is already flooded every year by the river.

The head of Electronorte, Para's state-run utility, said "Before the end of the year, the concession will be tendered and construction by private initiative with the government's support should start."

Changes in the original plans for the project, which make better use of the topography of the area, are hoped to prepare a path for significant external financing, particularly from the World Bank and the Inter-American Development Bank. Brazil's National Development Bank, federal power monopoly Eletrobras, mining giant Cia Vale do Rio Doce and Odebrecht industrial group are also seen as likely to take part in the project.

"It's a good moment to enter this project, which should make the electric system more secure," said National Energy Secretary Afonso Henriques Santos.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service