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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

NiSource to Mothball Indiana Power Plant

LCG, Dec. 5, 2001--Utility holding company NiSource Inc. said this morning that it will shut down a 582 megawatt power plant in Gary, Ind., citing a declining demand for electricity that was forcing it to streamline operations.

The Dean H. Mitchell Generating Station is owned by NiSource unit Northern Indiana Public Service Co. and will be mothballed indefinitely, the company said. About 112 Nipsco employees will lose their jobs, including 84 members of the United Steelworkers of America union and 28 salaried staff workers.

The several units of the plant are fueled by coal, natural gas and fuel oil.

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