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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

Boat Collides with Dynegy Gas Storage Facility

LCG, May 9, 2002--A fishing vessel hit the Rough facility in the U.K. North Sea yesterday at 0830 GMT.

109 employees were evacuated, 19 stayed to evaluate damages, and no injuries were reported.

Dynegy declared a force majeure and has delayed maintenance. The vessel made contact with a platform at the facility, and company spokesmen will not be ready to comment until engineers have inspected the platform and legs, the latter of which will require a diving vessel for parts below the water line.

Dynegy's Rough facility has been closed since May 2 for scheduled maintenance and would have opened May 17 again. The facility's gas supply is sufficient to serve the U.K. for thirteen days.

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