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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

Sacramento MUD Constructing 500-MW Plant

LCG, Oct. 27, 2003--Construction has begun on the Sacramento Municipal Utility District's Cosumnes power plant, the first phase of which is expected to begin operating in 2005.

Cosumnes, which will be gas-fired, will have 500 megawatts of capacity initially. SMUD directors will decide next year whether another phase will be put in motion for a later date.

SMUD believes savings on the $380 million project will amount to between $15 and $25 million per year when compared with the cost of buying power on the open market. Part of the planning decision on a second phase will depend on the price outlook for natural gas. Cosumnes is being built in southeastern Sacramento County.
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