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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

Palo Verde Unit 2 Down for Control Repairs

LCG, Oct. 11, 2001--Arizona Public Service Co. yesterday shut down its 1,270 megawatt Palo Verde Unit 2 nuclear power plant for repairs to its control system, characterizing the shutdown as "unscheduled maintenance."

During a scheduled 35-day refueling shutdown of Unit 3 beginning September 29, operators identified degradation of the control systems. Because Unit 3 is an identical twin of Unit 2, the latter unit was shut down as a preventive measure yesterday.

APS said the work could take up to a month to complete.

"Replacement activities in Units 2 and 3 will not impact the schedule for Unit 3's refueling, which is expected to be complete in early November," APS said.

The control assemblies of 1,270 megawatt Unit 1 at Palo Verde were changed during a refueling outage earlier this year, the company said.

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