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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

Midwest Transmission Expansion Plan Receives ISO Backing

LCG, June 23, 2003-Key transmission expansion projects within the Midwest Independent System Operator (ISO) territory have been made part of a plan that would be implemented by transmission owners at a potential cost of $1.32 billion.

Examination of alternate expansion scenarios took into consideration eleven possible expansion plans, using four new generation investment scenarios. The Board of Directors for the Midwest ISO believes that reliability and lower prices will result from the plan's execution, by addressing new load growth and the need for reliability. The report issued detailed findings on 19 bottlenecks where congestion is pronounced or persistent, as well as ways to manage the congestion.

Jeff Webb, the ISO's director of transmission planning, said, "MTEP (Midwest ISO Transmission Expansion Plan) will help guide state regulators and other stakeholders in deciding which economic projects should go forward, and who the principal beneficiaries would be."
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