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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

Transmission from Alberta Could Serve U.S.

LCG, Feb. 7, 2003--Surplus power generated in Alberta's oilsands region could be transmitted to western U.S. customers, based on studies undertaken by TransCanada Power LP.

The project, called the NorthernLights line, would be a direct-current line with a capacity of 2,000 megawatts. Plants serving the line would be those in the Fort McMurray area, where several companies, including Syncrude Canda, Suncor Energy and Albian Oil Sands, have operations to produce electricity and steam.

The plans currently under review would mean construction would begin in 2005, with operation of the line starting in 2008. Representatives of TransCanada and Alberta Energy Minister Murray Smith made a trip this week to Oregon and Washington, where they saw possible customers for the power that would be made available.

Although U.S. customers are seen as having significant future demand for power, as much as 50% more by 2020 than current average daily demand, Alberta's Transmission Administrator will likely be involved in making sure that Alberta's customers receive enough power to maintain reliability in the province.
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