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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

AEP Pushing Forward with Planned IGCC Plants in Ohio and West Virginia

LCG, October 3, 2006--American Electric Power (AEP) announced that it filed environmental permit applications with Ohio and West Virginia to build new, coal-fired, electric generating plants that employ an advanced, Integrated Gasification Combined Cycle (IGCC) design. Applications were filed with the Ohio Environmental Protection Agency and the West Virginia Department of Environmental Protection for IGCC plants AEP plans to construct in Meigs County, Ohio, and Mason County, West Virginia.

AEP is awaiting final regulatory approval regarding cost recovery and expects to complete site-specific engineering and design work by the end of this year. Given acceptable regulatory approval, AEP's plans call for construction of the Ohio plant to commence first, with work in West Virginia following approximately two years later. Previous schedules announced by AEP called for a target operational date of 2010 for the Ohio plant.

AEP's Ohio operating company filed with the PUCO for cost recovery in March 2005 to build an IGCC plant in Meigs County, Ohio. The proposed plant would have an electric generating capacity of 629 MW. AEP's Appalachian Power subsidiary filed an application in January 2006 with the Public Service Commission of West Virginia seeking authority to construct a similar plant adjacent to AEP's Mountaineer Plant near New Haven. AEP signed an agreement with GE Energy and Bechtel to estimate the cost and equipment needs for building both the Ohio and West Virginia facilities.

The IGCC process converts coal into a synthesis gas and minimizes most of the sulfur dioxide (SO2), nitrogen oxides (NOx), mercury (Hg) and other emissions before the gas fuels a combustion turbine generator. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time.

In general, the improved thermal efficiency and reduced emissions of an IGCC plant are expected to provide benefits that may out-weigh the higher capital costs over the economic life of the plant. In addition, the IGCC design is expected to provide for a more cost-effective means to capture carbon dioxide (CO2) relative to traditional coal plants.

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