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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

NRC Poised to Extend License for Vermont Yankee

LCG, March 11, 2011--The U.S. Nuclear Regulatory Commission (NRC) yesterday voted 4-0 to support a decision by its Atomic Safety Licensing Board to deny an objection by New England Coalition on Nuclear Pollution to extend the license of the Vermont Yankee nuclear plant. The NRC is expected to issue a 20-year license extension for the 605-MW, nuclear reactor that is owned and operated by Entergy Corp. The existing operating license is scheduled to expire in March 2012.

The New England coalition was concerned with water leaks at the plant. Furthermore, there is additional opposition to the plant. A year ago the Vermont Senate voted against relicensing, and the new Governor (and former Senate pro tem) of Vermont is opposed to relicensing. Last November, shortly after tne new Governor was elected, Entergy announced that it was exploring the potential sale of Vermont Yankee.

The Vermont Yankee Nuclear Power Station began commercial operations in November 1972. The license renewal application to extend the 40-year license for another 20 years was submitted by Entergy to the NRC on January 27, 2006.
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