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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

FERC Approves El Paso's Expansion of Elba Island LNG Terminal

LCG, September 21, 2007--The Federal Energy Regulatory Commission (FERC) yesterday approved the expansion of the existing Elba Island LNG facility near Savannah, Georgia, together with construction of related natural gas pipeline expansions. The expansion is designed to enable the receipt additional natural gas supplies into the Southeast, where gas can then be transported via pipeline to markets. The storage capacity will increase by 8.44 Bcf, and the vaporization capacity will increase by 900 MMcf/day. The expansion will occur in two phases, with the initial phase scheduled to be operational by June 1, 2010.

Southern LNG, a subsidiary of El Paso subsidiary Southern Natural Gas Company (SNG), is now authorized by the FERC to proceed with Phase A, which includes the construction of a new storage tank with a capacity of 4.22 Bcf and modifications to the terminal to enable the simultaneous unloading of two LNG ships.

Phase B will include the construction of a second storage tank with a capacity of 4.22 Bcf, along with facilities to add firm send-out capacity of 495 MMcf/day. Phase B is scheduled to commence operations by the end of 2012. The estimated combined cost for the facilities in Phase A and B is $509.2 million.

With respect to related gas pipelines, the FERC yesterday also granted authority to Elba Express to build and operate a new pipeline reaching from Port Wentworth, Georgia to interconnections with the Transco pipeline system in Georgia and South Carolina. In addition, Elba Express is authorized to install a compressor station to provide 1,175 MMcf/day of firm transportation from the LNG terminal to interconnections with the Transco pipeline system. Elba Express is a subsidiary of SNG.

El Paso Corp. filed its applications with the FERC to approve an expansion of its Elba Island LNG facility and to construct the Elba Express Pipeline Project in October 2006.
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