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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

LCG releases new ERCOT Electricity Market Outlook reports

LCG, January 11, 2013 –LCG Consulting (LCG) of Los Altos, California recently released its assessment and forecast of ERCOT operations for 2013. Extended simulations are also available for the years 2014, 2015, 2016 and 2017.

The standard reports outline the results of comprehensive hourly simulations of market operations in the ERCOT region including forecasts of key metrics such as load zone and hub prices, ancillary service prices, congested transmission lines, wind production and curtailment, valuation of congestion revenue rights and other information of interest to market participants. Customized details can also be extracted from the modeling results.
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