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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

Reliant Plant in Florida To Begin Operations

LCG, Jan. 16, 2002--A gas- and oil-fired generating facility in Florida, the Osceola Peaking Plant, is undergoing testing before it begins to sell its output.

Reliant Resources, Incorporated, a subsidiary of Reliant Energy, recently merged with Orion Power, resulting in a combined capacity of 21,000 megawatts, when the 465-megawatt Osceola plant is included.

Two-thirds of the plant's generation is under contract to the rural electric cooperative, Seminole Electric Cooperative Inc., while the rest is to be sold to the grid. The facility, near Holopaw, Fla., consists of three 155-megawatt combustion turbines.

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