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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

Contruction of Palomar Energy Project Approaches Midway Point

LCG, May 5, 2005--Construction on the Palomar Energy Project, a 550-MW power plant located in Escondido, California, is now about 45 percent complete. The gas-fired plant is expected to be up and running in the summer of 2006.

Palomar Energy LLC, a subsidiary of Sempra Energy Resources, is building the plant. SDG&E, a regulated utility and subsidiary of Sempra Energy, will purchase and operate the plant upon completion.

The natural gas-fired, combined cycle plant includes two combustion turbine-generators equipped with dry low combustors and evaporative inlet air coolers, two heat recovery steam generators equipped with duct burners, a steam turbine-generator and associated auxiliary systems and equipment. The city's sewage treatment plant will supply all of the 3 million gallons per day of reclaimed water used by the generating station. The project includes a new 230 kV switchyard connecting with an existing SDG&E electric transmission line located immediately adjacent to the project site.

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