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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

PJM Electric Transmission Project Stalls

LCG, March 2, 2011--PJM Interconnection, the regional grid operator, indefinitely suspended the Potomac-Appalachian Transmission Highline (PATH) project due to declining load forecasts and a corresponding reduced need for grid improvements.

American Electric Power (AEP) and FirstEnergy Corp. (FE) Monday also announced that their affiliates will request to withdraw their applications for state regulatory approval to construct the $2 billion PATH project. The joint venture project included the construction of a 765-kV, 275-mile transmission line from Putnam County, West Virginia to Frederick County, Maryland. The Public Service Commission of West Virginia yesterday agreed to dismiss the application without prejudice.

PJM Interconnection plans to further analyze the potential need for PATH as part of its continuing Regional Transmission Expansion Plan. In 2007, PJM directed PATH to be built in order to improve grid reliability and meet forecast load growth, which has not materialized with the recent recession.
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