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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

500 Megawatt NorCal Power Plant Moves Ahead

LCG, Nov. 26, 2001--Plans to build a 500 megawatt power plant in the town of Burney, a small community in northernmost California, took on new life last week when Shasta County agreed to provide building inspectors to oversee the project, the Redding (Calif.) Record Searchlight reported Saturday.

The county signed a contract with New Jersey-based Covanta Energy Corp. to provide at least one full-time inspector for up to two years, Resource Management Director Russ Mull told the paper.

"It's a busy, busy thing -- you're running from one thing to the next verifying that they're doing it up to code," Mull said. "It's such a big project that they'll be running all day long."

The plant was proposed in 1998 and has been granted a license by the California Energy Commission, but little has been heard of the project in recent months. Last week's action by Shasta County is evidence that it has not been forgotten.

Covanta officials said site preparation will begin in early spring and commercial operation could begin by the end of 2003 or early 2004.

"We're working with the CEC on an ongoing basis to ... get permission to start construction," Mike Neal, Covanta's construction manager in Redding, told the Record Searchlight. "We're champing at the bit. We're ready to get going."

The plant is subject to the energy commission's building codes and not local codes, but the panel is allowed to sign an agreement with local agencies to oversee the project, hence the agreement with Shasta County, Mull said.

During construction, about 200 skilled workers will work on the plant. When it is completed, the plant will employ 20 to 25 workers, have an annual payroll of about $1 million and generate about $1 million a year in tax revenues, company officials said.

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