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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

Outlook Dims for New Coal-fired Power Plant in Florida

LCG, July 6, 2007--A group of community-owned, power entities have decided to suspend permitting activities for the Taylor Energy Center until Florida Govenor Charlie Crist presents the state energy policy. The Taylor Energy Center is a proposed 800-MW, coal-fired power plant to be built in Taylor County, Florida.

The decision was reached following the Florida Public Service Commission (FPSC) decision last month to not approve the coal-fired plant proposed by Florida Power and Light in Glades County and the development of the new goals of Florida Governor Charlie Crist. Earlier this week, while announcing the climate change summit scheduled for next week, the Governor mentioned that the Taylor Energy Center development was on hold.
Governor Crist took office at the beginning of 2007 and has been moving away from the prior state policy of encouraging fuel diversity, especially through the development of coal-fired facilities.

The Taylor Energy Center was to be jointly owned by four electric utilities: Florida Municipal Power Agency (FMPA), JEA, Reedy Creek Improvement District, and the City of Tallahassee. With this coal-fired plant, the utilities planned to serve the growing demand for electricity and to diversify their fuel portfolios, which have tended to rely on natural gas. In September 2006, the utilities filed for a certificate of need determination with the FPSC. The project, estimated to cost $1.5 billion, was scheduled to be completed in 2012.







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