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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

PSEG Requests Permits for 750 Megawatt New York Plant

LCG, May 8, 2001--Public Service Enterprise Group Inc. said yesterday that an ad hoc subsidiary has filed permit applications in New York State for its proposed Bethlehem Energy Center, a 750 megawatt natural gas-fueled, combined-cycle power plant just south of Albany, N.Y.

The new plant will be built on the site of and replace the 400 megawatt Albany Stream Station PSEG acquired last year from Niagara Mohawk Power Corp. The primary fuel for that four-unit plant has been fuel oil.

PSEG said the new plant will not only produce nearly 90 percent more power, it will reduce emissions of sulphur dioxide and oxides of nitrogen by as much as 98 percent. It will also reduce use of Hudson River water by 98 percent to 99 percent.

The company said it expects to have the $400 million project commence commercial operation in late 2003 to mid-2004.

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