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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

FERC May Create Boundaries for RTO's

LCG, May 31, 2002--Federal Energy Regulatory Commissioners are concerned about utilities joining regional transmission organizations far from where they are geographically situated.

PJM Interconnection and the Midwest Independent Transmission System Operator Inc. are beginning to solidify as RTOs, with the goal of developing a common market by 2005.

Midwest companies Commonwealth Edison, Illinois Power, and American Electric Power Co. Inc. plan to join the Northeast RTO PJM Interconnection.

While companies can choose the RTO to which they want to belong, FERC commissioners worry that the principles of natural markets and reliability might be overlooked.

FERC may consider creating incentives or regulations requiring RTO participants to join RTO's that are regionally logical and adjacent, although no specific intentions have been expressed .

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