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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

Federal Judge Orders NRG to Keep Supplying CL&P

LCG, July 1, 2003U.S. District Judge Richard Casey denied NRGs motion to cease providing electricity to Connecticut Light and Power.

Northeast Utilities Connecticut Light & Power currently gets 45 percent of its power from NRG.

NRG, part of bankrupt Xcel Energy Incorporated, notified CL&P that it would stop providing electricity to the utility because the company said it lost $500,000 per day by doing so. The three year contract between the company and utility is valid until the last day of this year.

CL&P asked the Federal Energy Regulatory Commission to prevent NRG from ending its contract with the utility, and FERC initially ordered the contract to be upheld until a decision could be made.

While the court responsible for NRGs Chapter 11 filing has found that NRG could exit its contract, FERC again forced the company to uphold service to CL&P last week. NRG tried to stop FERCs order by going to the U.S. District Court of Manhattan, where Judge Casey ruled that, according to the Federal Power Act, only the federal Court of Appeals could upend FERCs decision.

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