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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

"Clear Skies" Plan Sent to U.S. Congress

LCG, July 30, 2002-President Bush sent his power plant emissions plan to Congress yesterday, some five months after he first discussed his intentions.

"Clear Skies" addresses emissions of three power plant pollutants, limiting them by 70 percent in 16 years, or by 2018.

The proposed cap-and-trade system sets industry-wide limits on nitrogen oxides (NOx), sulfur dioxide, and mercury. Under the plan, plants receive allowances for specific weight of emissions and can then sell or buy the right to emit less or more pollution from other plants.

Considering the Bush Administration's environmental record, the plan might be treated with some suspicion. Senate Independent Jim Jeffords of Vermont has already noted the omission of carbon dioxide and has brought in a pollution measure of his own. Jeffords' plan includes tighter limits and a 23 percent cut in carbon dioxide emission by 2008.

The Bush Administration has regularly avoided addressing carbon dioxide emission and referred to one carbon dioxide report as "bureaucracy", although scientists worldwide agree that temperatures are increasing, and increasingly compelling evidence links this increase to human-related emission of carbon dioxide.

"Clear skies" has been welcomed by many because it will allow operators the flexibility to run older plants while providing for monetary penalties to those who overstep their emissions allowance.

The Environmental Protection Agency's website, http://www.epa.gov, claims that nationwide emissions of the three chemicals will be reduced by about 70 percent. However, for zone IX, which includes California, Arizona and Nevada, the EPA claims that by 2020, sulfur dioxide and nitrogen oxides emissions will be reduced by only 8.5 and 22 percent respectively, while mercury emission will be reduced by 23 percent as compared to 2000 statistics.

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