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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

Rhode Island Combined-Cycle Near Completion

LCG, July 5, 2002--A combined-cycle generating plant now under construction in Johnston, R.I., should be ready to sell its output to the grid in the fourth quarter, according to developer FPL Energy, LLC.

The 535-megawatt Johnston plant, which is to run on natural gas, was originally planned by then-Houston Industries (now Reliant Energy) four years ago for operation in 2001. Since then, FPL Energy has taken over the project, and has announced the completion of $425 million in financing.

Production by the plant will be divided between contract and merchant sales within the New England Power Pool (NEPOOL).
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