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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

ERCOT Releases Seasonal Assessment of Resource Adequacy for Spring

LCG, March 3, 2016--The Electric Reliability Council of Texas (ERCOT) on Tuesday released its Seasonal Assessment of Resource Adequacy (SARA). ERCOT expects the region will have sufficient installed generating capacity to serve forecast peak demands with expected generation outages in the upcoming spring season (March - May 2016).

This SARA report is ERCOT's latest spring 2016 peak forecast that incorporates expected weather conditions, which are similar to those that occurred in May 2006, a hotter-than-normal month. The report includes a unit outage forecast of 9,482 MW based on historical outage data since the start of the Texas Nodal Market in 2010. The forecast assumes the high likelihood that the spring peak will occur in May, after completion of most scheduled seasonal maintenance.

The SARA report calculates the spring peak solar unit capacity consistent with the methodology to be applied once operational solar capacity registered with ERCOT reaches the 200 MW threshold as specified in ERCOT Nodal Protocol Section 3.2.6.2.2. The spring peak solar capacity contribution percentage is 58%, which is based on three years of historical spring solar production data. The previous capacity contribution percentage of 100% was significantly higher. The impact of this change is to reduce total available installed and planned solar capacity from 295 MW to 171 MW.

ERCOT stated that it does not anticipate changes to available generation capacity for the spring season due to compliance with environmental regulations. The final compliance date for the Mercury and Air Toxics Standards (MATS) for coal units with compliance extensions is April 15, 2016. Confidential survey information gathered in December 2015 indicated that coal generators are expected to be compliant with MATS by the compliance date. ERCOT continues to monitor implementation and consults with generation resource owners on their compliance plans for MATS and other environmental regulations.
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