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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

Newsmakers

Ronnie Bates has been named senior vice president for marketing by Georgia Power Co., a subsidiary of the Southern Co. He replaces Bertram Sears, who resigned to lead his own business. Bates joined Southern in 1975 as a mechanic's helper and was most recently vice president for transmission with Georgia Power.

Mark W. Marano has been named president and chief executive of AEP Gas Power Systems, a recently- formed joint venture between American Electric Power Co. Inc. and G.A.S. Gas Capital Inc. He joins AEP Gas Power Systems from AEP subsidiary Numanco Group in Tulsa, Okla., a provider of specialized technical support services to the U.S. commercial nuclear industry, wherehe served as president and chief executive officer.

Richard N. Marshall has been named treasurer and director of investor relations by natural gas firm Southern Union Co. A 15-year veteran of the company, he most recently was vice president for rates and regulatory affairs.

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