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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

Indian Point Unit 2 Trips; No Explanation

LCG, Dec. 27, 2001--Indian Pint Unit 2 nuclear reactor tripped off line yesterday morning, according to its new owner, Entergy Corp. of New Orleans. The company had reported the incident without explanation to Westchester County, N.Y., officials

Entergy purchased Indian Point Unit 2 from Consolidated Edison Co. of New York, completing the deal this past fall. There was no way of knowing whether yesterday's trip was related to any of the many problems Con Edison experienced with the plant.

The unit automatically shut after a signal indicated a problem with an electrical breaker in a power transmission circuit at about 7:20 a.m., Westchester County Executive Andrew Spano said in a statement, but it was unlikely that operators had full confidence in that signal. The reactor has tripped before as the result of spurious signals.

Residents in the neighborhood of the Buchanan, N.Y. plant have been nervous since a February 2000 steam generator leak allowed a puff of radioactive steam to escape into the atmosphere. Westchester County announced yesterday's trip to keep the populace informed of the status of the plant.

But no one was willing to put his finger on the cause. "Entergy and NRC officials are investigating the source of the trip," Spano said.

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