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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

Energy Bill Conference Pending

LCG, June 4, 2002--Although the Senate nominated its 17 conference members to discuss an energy bill with counterparts in the House a month ago, the House has yet to name its conferees.

The energy bill that has been slowly making its way through the U.S. Congress has some remaining aspects to be clarified before it becomes law. The House energy bill was passed in August last year, and the Senate energy bill passed this April.

Language regarding the Alaskan Arctic National Wildlife Refuge is one source of contention holding the bill up. The U.S. House of Representatives may make a decision this week on its conference members, to number as many as 50.

The Senate Democrat conferees are Energy Committee Chairman Jeff Bingaman (NM), Joseph Lieberman (CT), John Kerry (MA), Ernest Hollings (SC), Max Baucus (MT), John Rockefeller (WV), John Breaux (LA), and Harry Reid (NV).

Republic conferees are Frank Murkowski (AK), Pete Domenici (NM), Charles Grassley (IA), Don Nickles (OK), Trent Lott (MS), Larry Craig (IA), Ben Nighthorse Campbell (CO), and Craig Thomas (WY).

Vermont Independent James Jeffords was also named as a member.

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