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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

Dominion Plans Clean Coal Plant for Virginia

LCG, June 14, 2001Dominion Resources Inc. said this morning that it would build a 450 megawatt "clean coal" power plant in Upshur County, Va., in partnership with coal producer Anker Energy Corp.

Under the partnership agreement, Dominion will build, own and operate the plant and Anker will provide all of the facility's fuel from on-site mining operations.

Dominion said the project represents a potential investment of $600 million in Upshur County. It would create more than 500 jobs during construction and 50 to 60 permanent, high-skill jobs at the powerstation. Between 25 and 30 permanent mining jobs would also be created when the station is operational.

The plant is intended as a merchant facility, selling its power into the PJM wholesale market. If federal, state and local permits are granted, the generating station could begin commercial operation in the fall of 2005, Dominion said.

The new plant is endorse by people in high places. West Virginia Governor Bob Wise said "This project is a model for that. Anker Energy and Dominion are going to provide an economic benefit, provide employment and contribute to solving our country's energy shortage. They're going to meet tough new standards for protecting the air."

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