EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Mirant Buys Two Southeast Power Projects from El Paso

LCG, Oct. 23, 2001--Mirant Corp. said this morning it has completed the acquisition of two power plants located in Georgia and Florida from El Paso Corp.

"With this closing, Mirant successfully enters two markets that are key to our Southeast strategy," said David Rozier, chief executive of Atlanta-based Mirant's southern U.S. operations. "Georgia and Florida both provide significant growth potential and we look forward to continued expansion in these states."

Mirant acquired from El Paso a 640 megawatt natural gas-fired power plant in Thomaston, Ga., that has been in operation since June of last year, and a 480 megawatt natural gas-fired plant in New Port Richey, Fla., north of Tampa, Fla., which is scheduled to begin commercial operation in March of next year.

Clark C. Smith, president of El Paso Merchant Energy North America, said the sale "complements our recent acquisition of power facilities in Pennsylvania and Florida." He added that El Paso "will continue to pursue greenfield power development and acquisition opportunities in strategic locations across North America."

Mirant said it will provide power from both plants to customers under a variety of power purchase agreements, helping to meet substantial existing and future demand in both states.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service