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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

Entergy to Join Midwest Independent System Operator (MISO)

LCG, April 26, 2011--Entergy Corporation announced yesterday that it plans to join the Midwest Independent System Operator (MISO) in order to achieve long-term benefits for the customers of the Entergy operating companies. Entergy's operating companies will submit reports to their retail regulators supporting the decision on or before May 12 and target implementation for joining MISO by the end of 2013.

The Entergy operating companies are Entergy Arkansas, Inc., Entergy Gulf States Louisiana, L.L.C., Entergy Louisiana, LLC, Entergy Mississippi, Inc., Entergy New Orleans, Inc., and Entergy Texas, Inc. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas.

The addition of Entergy companies to the MISO, the Regional Transmission Organization (RTO) that manages and operates the transmission system in thirteen Midwestern states, will extend the MISO's footprint from the Canadian Border south to the Gulf of Mexico.

For years Entergy has evaluated joining either the Southwest Power Pool (SPP) or the MISO. Entergy stated that one of the advantages of joining MISO is joining an existing "Day 2" market with a centralized market-driven dispatch process.

Entergy's chairman and chief executive officer stated, "The analysis clearly shows there are compelling benefits to joining a regional transmission organization with substantial scale and a Day 2 market. An organized market design based upon centralized auction markets creates greater efficiencies than one that relies upon bilateral trading, particularly in electricity markets where some congestion is always present. We look forward to discussing in detail the benefits of joining MISO with regulators, their staffs and other stakeholders in the months ahead. As the analysis showed, MISO's substantial scale and established market made it the clear choice for customer benefits."
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