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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

National Grid Proposes to Develop 1,200 MW HVDC Transmission Project

LCG, March 30, 2017--National Grid announced Tuesday a proposal to develop a new transmission project to deliver up to 1,200 MW of energy from Canada to the New England power grid. The proposed Granite State Power Link (GSPL) will be constructed almost entirely along existing transmission corridors to reduce costs, maximize use of existing infrastructure and minimize environmental impacts. National Grid expects the project will lower energy costs in New England by $1.1 billion over its first ten years of operation.

The GSPL will be a commercial project funded by National Grid and its investors, not customers of its regulated companies. Investors include Massachusetts-based Citizens Energy.

As proposed by National Grid, the GSPL will be comprised of two segments. The first is a new high-voltage, direct current (HVDC) overhead line located in Vermont alongside an existing HVDC line in an expanded right-of-way (ROW) corridor from the Canadian border at Norton, Vermont, to a proposed converter station on National Grid-owned property in Monroe, New Hampshire.

The second segment will upgrade approximately 107 miles of existing National Grid-owned overhead lines from Monroe to southern New Hampshire to accommodate the additional power flows from the new HVDC line. The southernmost portion of the project also includes a proposed switching station and a few miles of related new transmission lines.
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