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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

UTC Receives Innovation Award for Geothermal Power Technology

LCG, June 20, 2008--UTC Power, a subsidiary of United Technologies Corporation, received the National Energy Resources Organization's (NERO) annual Innovation Award for its PureCycle geothermal system, which uses low-temperature geothermal energy from hot water to generate electricity.

The PureCycle system is designed for relatively small temperature differentials and uses an organic Rankine cycle-based power system with refrigerant rather than steam to generate power in a closed system that has essentially no emissions.

Since 2006, the PureCycle geothermal system has operated using a 165 degree F geothermal source at Chena Hot Springs Resort in Alaska as a U.S. Department of Energy Geothermal Technologies demonstration project. The ability to utilize low temperature differentials expands the potential locations where geothermal energy may be exploited.

NERO is a non-partisan organization whose mission is to engage in dialogue on energy issues, recognize outstanding achievements, and promote public awareness.
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