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News
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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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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
New Jersey Awards Grant for Offshore Wind Farm
LCG, October 9, 2008--The New Jersey Board of Public Utilities (BPU) evaluated offshore, wind farm proposals from five companies and on October 3 awarded a $4 million start-up grant to Garden State Offshore Energy, a joint venture between PSEG Renewable Energy, a subsidiary of Public Service Enterprise Group (PSEG), and Deepwater Wind of Hoboken. The project includes the installation of 96 wind turbines located 16 to 21 miles off the coast of Atlantic City and Avalon.
The electric generating capacity of the proposed wind farm will be 345 MW, and the estimated project cost is approximately $1.1 billion. The project includes 96 wind turbines and is scheduled to be built in two phases, with the first half of the turbines installed by 2012 and the remainder a year later.
The project represents an initial step towards the Governor's plans to develop wind power offshore. On Monday, the Governor stated, ?Today, I am announcing that we?re not just doubling our commitment, we?re tripling it. New Jersey will support and encourage the development of 3,000 MW of wind power off its coast by 2020, which will be 13 percent of its total electricity. And we will get to 1,000 MW by 2012.?
A spokesman for PSEG said, "Having the state behind us and saying that they want this to move is very, very helpful."
Permits must be obtained from the Department of Environmental Protection (DEP) and from the federal Minerals Management Service, which would lease areas of the ocean floor to builders.
According to PSEG Renewable Energy, the completion of the project is dependent on receipt of all required permits, ongoing analysis of environmental impacts, wind quality studies, energy markets, financing and other conditions. The decision to proceed, as
well as final location, design and construction schedules, could be affected by these factors.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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