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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

Strong Winds Cut Power for Southern Californians

LCG, Jan. 6, 2003--Wind energy can be used to generate electricity, but for some residents of California this weekend, winds sweeping through the area packed enough force to leave them without power.

Yesterday evening, Santa Ana winds struck central, coastal and Southern California, knocking down utility poles in Orange and Arcadia, among others. Wires were brought down in hundreds of locations, prompting Southern California Edison crews to go out to restore them to working condition. Overall, 250,00 customers have had no electricity due to the damage.

The high winds, which have been measured at over 75 miles per hour, are expected to continue through Tuesday if not longer, according to the National Weather Service. Although further damage is possible, there were 40,000 customers whose power had not been restored as of this morning.
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