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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

NuScale Power LLC Submits Proposal to DOE for SMRs

LCG, May 22, 2012--NuScale Power LLC announced yesterday that it has submitted its proposal to participate in a U.S. Department of Energy (DOE) program to accelerate the deployment of small modular reactors (SMRs). South Carolina Gas & Electric (SCE&G), a division of SCANA, has agreed to lead the formation of a consortium to license and operate the first NuScale plant at the Savannah River Site.

NuScale states that it is on schedule to allow the first plant using its technology to commence commercial operation within the next decade. NuScale initiated the pre-application interactions on its SMR design with the U.S. Nuclear Regulatory Commission (NRC) in July 2008.

Design objectives include scalability and maximum safety. The design employs a natural circulation light water reactor with the reactor core and helical coil steam generator located in a common reactor vessel in a cylindrical steel containment. The reactor vessel/containment module is submerged in water in the reactor building safety related pool. The reactor building is located below grade and designed to hold 12 SMRs, each with a 45 MW output, or a total potential electric generating capacity of 540 MW.

The CEO of NuScale Power stated, "Our approach offers DOE a plant with innovative new safety features and true scalability, which enable it to achieve a wide range of outputs to meet the power demands of individual utilities. We are grateful that our government is helping American companies recapture the technological lead in the international nuclear power industry.... NuScale's design development began in 2000 under a DOE-funded research program. Its design reflects 12 years of evolution and refinement, and has been validated through comprehensive testing in a one-third scale prototype test facility, which began operating in 2003. To date we have invested nearly $100 million in private funds in commercializing the NuScale technology."

NuScale Power has the technical assistance of Fluor Corporation, which has designed, built or provided construction support for 20 nuclear units in the U.S. and provides services to nuclear plant operators globally.

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