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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

FERC Approves Construction of Export Facilities for Freeport LNG Terminal

LCG, July 31, 2014-The Federal Energy Regulatory Commission (FERC) yesterday announced that it has authorized Freeport LNG Development, L.P. (Freeport LNG) to site, construct, and operate facilities to liquefy and export domestic natural gas from its existing liquefied natural gas (LNG) import terminal located near the city of Freeport, Brazoria County, Texas.

Domestic natural gas will be transported via pipeline and pretreated near Freeport LNG?s existing metering, compression and underground storage facilities. The pretreated natural gas will then be delivered to the terminal through Freeport LNG?s existing gas pipeline. At the terminal it will be liquefied and then stored in full-containment LNG storage tanks. LNG will be exported from the terminal by LNG carriers arriving via marine transit through the Freeport Harbor Channel.

The Freeport Liquefaction Project includes a liquefaction plant with three trains that will have a combined liquefaction capacity of 1.8 Bcf/day. In addition, the project includes pretreatment facilities that will interconnect with natural gas pipelines. FERC also authorized Freeport LNG's Phase II Modification Project to revise the previously authorized, but unconstructed Phase II Project. The primary objectives of the Phase II Modification Project are to reorient the Phase II dock, modify the transfer facilities, and modify access roads at the terminal. The plan calls for the two projects to be constructed together at Freeport's existing Quintana Island terminal. Freeport LNG expects to start construction on the liquefaction project this year and achieve commercial operation of the first liquefaction train in 2018, with the second and third trains operational in 2019.

FERC's new order incorporates the FERC environmental staff's recommendations by requiring the company to adhere to more than 80 conditions to mitigate potential adverse environmental impacts.

The U.S. Department of Energy (DOE) has conditionally approved Freeport LNG's export of gas to both Free Trade Agreement and non-Free Trade Agreement countries. Freeport LNG filed its formal FERC application pursuant to Section 3 of the Natural Gas Act in August 2012.

The existing Freeport LNG facilities were designed and installed to import LNG to the United States in response to forecast declines in domestic natural gas supplies. Construction on the import project started in January 2005 and was completed in June 2008.

With the tremendous growth in domestic shale gas production, there are now 10 LNG export projects that have filed formal applications pending before the Commission, and there are three LNG export projects in the prefiling process.
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