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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

45-Megawatt Plant in Alberta Complete

LCG, Jan. 30, 2002--A gas-fired plant that will provide electricity to Alberta's Rainbow Lake and High Level region has been built in under six months.

The Rainbow Lake plant, which is north of Grande Prairie, began as a project to double capacity at ATCO Power's Valleyview project. Instead, ATCO Power and Husky Energy, which operates a gas plant at Rainbow Lake, agreed on bringing the project to the site of an earlier, 45-megawatt cogeneration plant. That plant, which provides steam to the Husky Energy gas plant, started operations in 1999.

ATCO Power's president Gary Bauer said of the decision to enhance reliability at the plant's final location, "we quickly adjusted these projects to meet the electricity needs of Albertans in a rapidly growing part of our province."
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