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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

Science Panel Says Hurdle of Hydrogen Infrastructure is Overlooked

LCG, Feb. 5, 2004--The National Academy of Sciences has found that reduction of carbon dioxide emissions based on new hydrogen-fueled vehicles would require much more research and planning for associated infrastructure, and would only be realized after a "lengthy transition period."

A report issued by the academy indicated that scientific problems remain, and that a plan by the Bush administration to jump-start hydrogen-based transportation is currently "unrealistically aggressive". The panel that wrote the report was headed by Michael P. Ramage, formerly of ExxonMobil.

President Bush has said that he will commit $1.7 billion towards hydrogen research during the next five years. Among the areas that the scientific panel cited as needing more "exploratory" research were hydrogen storage, delivery methods, materials for pipelines and the key reaction, electrolysis, that would release energy for motive power.

Energy Secretary Spencer Abraham said that an earlier report by the National Academy of Sciences had prompted the Department of Energy to increase funds for exploratory research, and that the new report supported President Bush's ultimate goal for hydrogen vehicles.
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