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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

Florida Power & Light Seeks to Expand Capacity at Two Plants

LCG, Jan. 15, 2002--Two existing sites in Martin and Manatee counties will be the focus of plans by Florida Power & Light to expand its Florida generation capacity.

According to a statement, the company wants to make the upgrades, which represent 1,900 megawatts of new combined-cycle, natural gas-fired capacity, by mid-2005. The Manatee plant, east of Bradenton on the state's west coast, would be expanded by 1,100 megawatts. At the Martin plant, gas-fired combustion turbines would be switched to combined-cycle technology, and two additional turbines would be added, for 800 megawatts of new capacity.

FPL selected expansion as superior to having to buy wholesale power from other suppliers. "Thanks to the arrival of a new natural gas pipeline on Florida's west coast, we also plan to use natural gas in combination with oil at our existing Manatee generating units," FPL president Paul Evanson was quoted as saying.

Referring to the Manatee plant, Evanson noted that by using natural gas in addition to oil, the company would be pursuing "the reliability of FPL's system by supporting our fuel diversity strategy."

In order for the projects to proceed, FPL will submit its proposals to the Florida Public Service Commission, and file necessary environmental certification applications.
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