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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

Exelon Announces Plan to Install 195 MW of Additional Peaking Capacity in Medway, Massachusetts

LCG, February 6, 2015--Exelon Generation announced yesterday that it will add two gas-fired peaking units at an existing power plant in Medway, Massachusetts. The expansion project is in the permitting phase now, and construction is expected to begin in 2017. The project is scheduled to be completed by the summer of 2018.

The project will add 195 MW of capacity to the existing West Medway Generating Station, which was acquired by Exelon from Boston Edison in 2002. The existing plant capacity is 117 MW and includes three peaking units that can be fueled by either natural gas or oil. The two new units will also have dual fuel capability.

The new peaking capacity is planned to improve regional reliability and complement the growing intermittent solar and wind resources.

The president of Exelon Power stated, "We are excited to develop this new project in the greater Boston area.This project demonstrates the new 'pay for performance' capacity construct works and that it will attract development of new resources needed in the region."
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