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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

St. Lucie County Blocks FPL's Proposed Coal Plant

LCG, November 9, 2005--The St. Lucie County Commission unanimously voted to block the development of a new coal plant in the Bluefield area proposed by Florida Power & Light (FPL). The opposition from local officials and citizens was largely tied to perceived environmental impacts associated with burning coal, rather than the construction and operation of a new power plant.

FPL announced its plans in February to build a new, coal-fired station in St. Lucie County in order to meet Florida's growing demand for electricity. The proposal was to construct two, 850-MW units that employ a supercritical pulverized coal design. The first unit was to begin operations in 2012, with the second unit generating power in 2013.

The project was proposed following a study published by the State of Florida that was generally favorable towards the development of new coal plants. In that most of the generation installed in Florida over the past ten years is gas-fired, the development of new coal plants would provide for greater fuel diversity.

With Florida's growing electricity requirements and the new heights that natural gas prices have reached, a number of new coal plants are under consideration at this time. In July, Tallahassee Electric Utility, JEA, Florida Municipal Power Agency and the Reedy Creek Improvement District announced that they are exploring the development of an 800-MW, $1.4 billion coal plant in northern Florida. The new station would be operational in 2012. In March, Seminole Electric Cooperative, Inc. announced plans to add a third, 750-MW coal-fired unit at its existing 1,300 MW Seminole Generating Station. Like the JEA project, the target date for operations is in 2012. Seminole states that the new capacity is needed to provide reliable, economical energy supplies to its ten member systems in Florida.

Roughly a year ago, Orlando Utilities Commission (OUC) and Southern Power, the unregulated subsidiary of Southern Company, announced plans to develop a 285-MW, advanced coal plant to be built at OUC's existing Stanton Energy Center near Orlando, Florida. The operational date for this project is 2010. Gainesville Regional Utilities has also explored the development of a 220-MW, coal-fired plant, with operations planned for 2011.

If other local governments follow the path taken by St. Lucie County, it will be interesting to see how Florida manages to supply its demand for electricity.

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