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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

DTE Asks FERC to Suspend its RTO Rate Change

LCG, Sept. 12, 2001--The International Transmission Co. subsidiary of DTE Energy Co., said yesterday it has filed a motion with the Federal Energy Regulatory Commission to suspend the effective date of its "innovative transmission rates" pending a re-filing by the Midwest Independent System Operator Inc. The innovations were not disclosed.

Earlier this month, DTE said it would withdraw from the Alliance regional transmission organization in favor of the Midwest ISO.

"In our previous position as members of the Alliance we filed our own innovative rate request because the Alliance RTO had not yet developed a structure to support such a filing," said Joseph Welch, ITC president. "However, as members of the MISO, a more developed structure exists with an advanced architecture which allows the MISO to file and support innovative rate making such as that sought by the ITC."

Welch sort of explained, "These innovative rates are intended to attract the capital necessary to implement infrastructure improvements to the regional transmission grid, allowing electricity to be successfully imported into the peninsular State of Michigan."

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