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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

Newsmakers

Electric power technology corporation Cummins Inc. declared Susan Carter as Vice President - Corporate Controller on March 18, replace Bob Crane, who served Cummins for 25 years. Carter had been part of Honeywell for six years, most recently as Vice President and Chief Financial Officer, Transportation and Power Systems.

Dixie Barrett has been appointed as vice-president of trading services for Platts. Barrett previously served as vice-president of electronic trading services at Altra Energy Technologies.

Theodore Bennett will take over as corporate vice president of Oklahoma's Kerr-McGee Corporation. Bennet formed a human resources consulting firm last year and has served in executive positions at Comerica and Coca-Cola.

American Electric Power appoints vice president and associate general counsel. Hartsoe has been an attorney with the Federal Energy Regulatory Commission for eight years as well as holding positions at United Gas Pipeline Company, Enron, and Electric Power Supply Association.

Daniel E. Merchant II will become vice president of business development for Primen, a Wisconsin energy firm. Merchant has served as vice president of sales for USPowerSolutions and in various positions at Enercom.

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