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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

We Energies to Close Pleasant Prairie Coal Plant in 2018

LCG, November 30, 2017--WEC Energy Group announced Tuesday that it will shut down the coal-fired, Pleasant Prairie electric generating facility in the second quarter of 2018. WEC Energy Group's Wisconsin operations include We Energies and Wisconsin Public Service.

The Pleasant Prairie facility, with a net electric generating capacity of 1,190 MW, has been a major source of power in Wisconsin. Its two units were installed in 1980 and 1985. However, low natural gas prices, increased energy delivered from growing wind farms, and minimal growth in demand for electricity have hurt the competitiveness and need for the power plant, which relies on coal from Wyoming's Powder River Basin.

We Energies also stated that it has plans to own and develop 350 MW of solar power by 2020.
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