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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

Illinois Senate Blocks Taylorville IGCC Coal Project

LCG, January 13, 2011--The Illinois Senate on Wednesday did not approve proposed rate subsidies for Tenaska's planned Taylorville power project by a vote of 18 to 33. The Illinois State House previously approved Tenaska's proposal by a vote of 63 to 50 on November 30, 2010.

Tenaska planned to commence construction on the $3.5 billion project in mid 2011. Without the Senate approval, Tenaska will need to reconsider its plans.

The project design incorporates Siemens AG's integrated gasification combined cycle (IGCC) technology to gasify Illinois coal for fuel to generate electricity in the 602-MW facility.

Tenaska expects the coal gasification process will allow over 50 percent of the CO2 produced to be captured, thereby reducing the carbon emissions from the facility. The captured CO2 would then be sequestered, either by storing the CO2 underground in Illinois or transporting the CO2 via pipeline to Gulf Coast states, where it would be injected into oil fields to enhanced oil recovery.

Tenaska plans to rely upon federal support for the project, which is sited approximately 200 miles south of Chicago in Christian County. Tenaska has stated that it is waiting for final approval on a $2.579 billion federal loan guarantee and that it plans to use a $417 million federal tax credit.
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