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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

Entergy Pursues License Extensions for Yankee and Pilgrim Reactors

LCG, December 1, 2005--Entergy notified the Nuclear Regulatory Commission (NRC) yesterday that it plans to submit license renewal applications for the Pilgrim and Vermont Yankee Power Stations in late January of next year. If approved, the renewals would extend the operating licenses by 20 years.

Entergy plans to request that the applications be reviewed together by one review team to achieve greater review efficiency. Both nuclear power stations incorporate similar designs that utilize the General Electric Boiling Water Reactor (BWR) and both stations began operations in the early seventies. Pilgrim commenced commercial operations in December 1972, and its license expiration date is June 8, 2012. Vermont Yankee began commercial operations in November 1972, and its license expiration date is March 21, 2012.

The 670-MW Pilgrim plant is located in Plymouth, Massachusetts, and the 535-MW Vermont Yankee plant is located near Vernon, Vermont. Together, the two plants deliver a significant quantity of power without emitting any greenhouse gases.

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