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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

NY Sees Construction Begin on 750-Megawatt Plant

LCG, June 10, 2002--The site of New York State's Albany Steam Station is now a busy construction site, soon to host a 750-megawatt combined cycle plant known as the Bethlehem Energy Center.

The groundbreaking ceremony today was attended by Gov. George Pataki, as well as other government officials and community leaders who backed the project. The developer, PSEG Power New York, acquired the site from Niagara Mohawk Power Corp. in October, 1999. The company's president and chief operating officer, Frank Cassidy, said, "Albany Steam Station was our first acquisition and the construction start at BEC is another important step in the growth of our business."

The Albany Steam Station has provided 400 megawatts from its location three miles south of Albany, in the Town of Bethlehem. Albany will continue producing power until the operation of the Bethlehem Energy Center begins, in 2004 if all proceeds according to plan. The newer, gas-fired technology will result in a drop in nitrogen oxide and sulfur dioxide emissions of 97-98%. Additionally, the new plant will use only 2-3% of the cooling water used by Albany Steam Station.
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