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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

PG&E Challenges California Ratepayer Advocate

Pacific Gas & Electric Co. said yesterday it has asked the U.S. Bankruptcy Court for a preliminary injunction against the director of the California Office of Ratepayers Advocates, claiming the agency "seeks to circumvent the court's jurisdiction over administration of the estate and the plan of reorganization confirmation process."

According to PG&E, the California Public Utilities Commission's consumer watchdog has turned into something of a Nosy Parker, requesting all sorts of documents the company says "would typically be produced, if at all, only in response to a discovery request related to plan confirmation objections."

The utility harrumphed "This is information that, if discoverable at all, is properly requested only through discovery in this bankruptcy case and supervised by this court."

PG&E said the preliminary injunction it requested "seeks to prevent the director of (the Ratepayer Advocate's office) from requesting and obtaining the documents because the data request is an attempt to circumvent the bankruptcy court's exclusive jurisdiction to administer the case and control the plan confirmation process."

An observer at the San Francisco court said the Ratepayer Advocate was possibly fishing for documents that had already been denied to the CPUC.

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