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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

SEMPRA Ready to Proceed with Cameron LNG Terminal

LCG, August 2, 2005--Sempra LNG, a unit of Sempra Energy, yesterday announced that it has executed a long-term agreement to provide Eni S.p.A. with approximately 40 percent of the capacity of Sempra LNGs proposed Cameron liquefied natural gas (LNG) receipt terminal under development near Lake Charles, Louisiana. With the agreement, Sempra now plans to commence construction of the terminal within the next two months. The project is scheduled to be completed in late 2008.

The Cameron LNG terminal is designed to have an initial processing capacity of 1.5 Bcf/day. The terminal is located along the Gulf Coast, about 15 miles south of Lake Charles and near Henry Hub. Following re-gasification, natural gas will be transported 35 miles from the terminal via the planned Cameron Interstate Pipeline to interstate and intrastate pipelines for delivery to markets throughout the Central and Eastern United States. The new, 36-inch diameter pipeline is a project of Sempra Pipelines & Storage, a unit of Sempra Energy. The Federal Energy Regulatory Commission previously granted approval to construct and operate the pipeline.

Under the agreement, Eni S.p.A. has contracted for 600 MMcf/day of capacity in the LNG terminal and the Cameron Pipeline. The 20-year agreement calls for deliveries to begin in early 2009. Eni S.p.A. is an international company based in Italy that operates in the oil, natural gas, electricity generation, petrochemicals, engineering and construction and oilfield services sectors of the energy industry.

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