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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

OG&E Announces Agreements with Developers for Two Wind Projects

LCG, September 30, 2009--OG&E yesterday announced agreements with two wind developers for wind projects located in northwestern Oklahoma. The 20-year, power purchase agreements (PPAs) are subject to review and approval by the Oklahoma Corporation Commission. OG&E is the utility subsidiary of Oklahoma City-based OGE Energy Corporation.

CPV Keenan will develop a 150-MW wind farm in Woodward County, and Edison Mission Energy will develop its proposed 130-MW wind farm in Dewey County. Both developers will build, own and operate their projects, and OG&E will purchase the power generated.

The two projects are part of OG&E's plan to significantly increase its current wind power capacity by the end of 2010.

OG&E currently has 170 MW of electric generating capacity from wind resources at its Centennial and Sooner wind farms. The new 100 MW "OU Spirit" wind farm is now under construction and is scheduled to be complete this year. The two new projects, together with the two existing wind farms and the project under construction, will provide OG&E a total electric generating capacity of 550 MW from wind farms.

OG&E also announced that it plans to solicit additional proposals from wind developers in the next several months to support plans for more wind generation in 2011 or 2012.
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