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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

Ontario Looks to Manitoba for Electricity Supplies

LCG, August 13, 2004--Ontario is facing shortfalls in generating capacity over the next few years, and one supply alternative gaining momentum is building a 1,250 MW transmission line to Ontario from the proposed Conawapa hydro project on Manitoba's Nelson River. A feasibility study was just completed and is under review by the government of Ontario. In addition to the billions of dollars associated with the project, a critical issue is an acceptable transmission corridor.

Ontario's projected electricity shortfall is driven by the government's planned closing of nearly 7,600 MW of coal stations prior to 2008 in order to reduce emissions. Earlier this summer, the Ontario Ministry of Energy issued a Request for Proposals (RFP) for 2,500 MW of "clean generation" and demand side projects.

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