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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

AEP to Sell Coal Mines, Buy Fuel for Power Plants

LCG, May 1, 2001American Electric Power Co. Inc. and Consol Energy Inc. said yesterday they had agreed for Consol to buy certain Ohio and West Virginia coal mines from AEP affiliates and sell coal to the big utility to fuel its power plants.

Under the proposed agreement CONSOL Energy would purchase the stock of Windsor Coal Co. in West Liberty, W.Va., Southern Ohio Coal Co. in Wilkesville, Ohio, and Central Ohio Coal Co. in Cumberland, Ohio.

AEP would agree to purchase about 34 million tons of coal from these and other Consol mines through 2008. The coal would fuel several AEP power plants, including the Muskingum River, Cardinal and Gen. James. M. Gavin plants. (A power plant named after Jumping Jim Gavin, the old paratrooper?)

It appears that there is little protection for mine workers in the agreement. The companies said only that "Federal Worker Adjustment and Retraining Notification Act, or WARN, notices will be given toemployees at the three mines. The notices alert them to the potential sale and indicate that theiremployment with AEP would end on or about June 30, 2001 when it is anticipated that the agreementwith Consol would be closed."

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