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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

New Power Plant Proposal for Wisconsin

LCG, December 2, 2004--Midwest Power, LLC has expressed renewed interest in developing a 225-MW power plant near the town of Beloit, Wisconsin. Further details regarding the project are expected shortly, following a meeting by town supervisors to review the proposal.

The announcement follows the Dane County Circuit Court decision issued Monday that the Wisconsin Public Service Commission's (WPSC) approval of We Energies' Oak Creek project violated state statutes and that the WPSC must start the approval process over. On Tuesday the PSCW, which approved the Oak Creek project in November 2003, unanimously voted to appeal the court decision. PSCW General Counsel David Gilles stated, "The Commission is very concerned about the effect of construction delays on future electric reliability in Southeast Wisconsin and on overall costs of the project."

The Oak Creek project, estimated to cost $2.15 billion, includes two 615-MW, supercritical pulverized coal units and would be the largest coal plant in Wisconsin.

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