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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

French Utility Encounters Adversity in Heat Wave

LCG, Aug. 11, 2003--The French utility Electricite de France said today that it could be forced to counteract disruptions to its normal provision of power services, due to a lack of cooling water for its generating plants, and possible line failures underground due to heat.

"The situation deeply affects the coal, fuel, nuclear power output and hydropower production of EdF, which needs water to function," a statement read. It called the ongoing heatwave the source of potentially "serious and significant consequences on French electricity."

EdF has put in place mobile generating units for customers who might lose access to large generators should lines fail. The temperatures observed have gone up throughout August, while the utility had to shut a coal-fired plant outside of Paris because of insufficient cooling water.

National power production has been supplemented by purchases from outside the country, and power prices set a record today.
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