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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

Another Coal Plant Proposed for Colorado

LCG, October 13, 2004--Tri-State Generation and Transmission Association, Inc. announced it is accepting bids through November 22, 2004 for 1,000 MW of generating capacity in Colorado. Tri-State will evaluate the bids in early 2005 relative to developing their own 1,000 MW coal-fired plant. Given board approval, Tri-State plans for operations of the new plant to commence in 2011.

Public Service of Colorado (PSCo), a regulated affiliate of Xcel Energy, also plans to build a new coal plant in Colorado that would commence operations in 2009. PSCo submitted its Least-cost Resource Plan and requested a Certificate of Public Convenience and Necessity (CPCN) to build a 750 MW expansion of its Comanche Station - with a waiver from the competitive bidding process. A decision from the Commission regarding the waiver is expected to by November.

Tri-State, with headquarters in Westminster, Colorado, is owned by 44 rural electric systems that serve customers in Colorado, Wyoming, New Mexico and Nebraska. The Colorado Public Utilities Commission does not have jurisdiction over the Tri-State bidding process; however, the Commission states that Tri-State must seek Commission approval for construction.

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