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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

Enron Drops Plans for Florida Power Plant

LCG, June 14, 2001Enron Corp. has decided not to build a 500 megawatt power plant in Pompano Beach, Fla., and concentrate instead on a similar project in Deerfield Beach, about 10 miles north.

The Pompano Beach project had met with local "not in my backyard" opposition and shortly after Enron withdrew its application local politicians took credit for scotching the deal. City commissioners would likely have turned now Enron's application anyway, said one who was considered the swing vote on the commission.

"They sort of saw the handwriting on the wall," said Commissioner Bob Shelley. "The concerns of the people in my district were insurmountable."

The Pompano Beach facility was a small part of a grander Enron plan, according to spokesman Eric Thode. The company plans a natural gas pipeline from the Bahamas, which will carry fuel under the Gulf Stream from Grand Bahama Island to Port Everglades in Florida. The gas will be primarily used to generate electricity.

In addition to its Deerfield Beach project, Enron also has plants under development in Fort Pierce and in Dade County, south of Miami. All three projects are pending local approvals.

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