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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

UK Grid Operator Evaluates Winter Reliability

LCG, Oct. 17, 2003--The United Kingdom's operator of electricity and gas transmission networks submitted a report to regulator Ogfem this week, describing ways in which further blackouts could be avoided, with measures for increasing availability of power generation resources and gas inventories.

National Grid Transco (NGT) said that as long as normal weather conditions and availability of gas persist, no problems should arise. It stated that the convergence of adverse conditions on a number of fronts, such as might come together once in 50 years, would represent the only case in which the probability of blackouts could become significant. Colder-than-normal temperatures for an extended period, plant failures, and a loss of power imports from France, would all add risk.

NGT identified several measures that could be put in place to lower the risk of blackouts, including raising operating limits for power plants, boosting required inventories of gas by suppliers, and seeing that power plants can acquire gas even in an emergency.

Currently, the reserve capacity of electric generation is at 17.7 percent, having increased from 16.5 percent during the summer. Some power plants that had been shut down following low wholesale power prices have been brought back into operation. Wholesale prices have risen 25 percent over a year. When power was initially privatized in 1990-1991, the reserve stood at 31 percent.
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