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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

Utilities Clean Up After Hurricane Lili

LCG, Oct. 7, 2002--The damage caused by last week's Hurricane Lili on Louisiana electricity customers lingers, with 20,000 customers still without power as of Monday.

The transmission system of two utilities, Entergy Corp. and Cleco Corp., still requires repairs, although the impact of the hurricane, which cut power to 400,000, has largely been countered. "Our transmission system was severely damaged in southern Louisiana," an Entergy spokesman, Morgan Stewart, said.

Entergy had brought 43 out of 62 affected transmission lines back into service by Sunday evening, but was still working on a 500-kilivolt line, Weber/Richard, in the western part of Entergy's territory. No estimate of the line's return to service was given.

Cleco's service territory has been brought entirely back to service, but further repairs are needed. It was the most severe storm ever for Cleco, in terms of the proportion of customers who lost service. One of every two customers were without power.
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