EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

DONG Energy Announces Framework Agreement for 6-MW Offshore Wind Turbines

LCG, July 20, 2012--DONG Energy announced yesterday that they have executed an agreement with Siemens Energy regarding the supply and servicing of 300 offshore wind turbines - each with a 6-MW generating capacity.

DONG Energy plans to install the turbines at offshore wind farms in the UK from 2014 through 2017, and Siemens Energy will design, manufacture, supply, install and service the 6-MW turbines.

The increased capacity of the 6-MW, offshore turbines designed by Siemens Energy targets lowering the cost of wind power and expanding the development of offshore wind farms. The wind turbines use a 154-meter rotor based on gearless direct drive technology.

"The agreement will enable DONG Energy to install a significantly larger turbine from 2014 compared to the turbines, we know today. The agreement is a key element of DONG Energy?s strategy to significantly expand offshore wind and will strengthen our position as market leader in the offshore area," stated Carsten Krogsgaard Thomsen, Acting CEO of DONG Energy.

The CEO of the Siemens Energy Sector stated, "Offshore wind conditions are strong and stable, enabling an energy yield that can be about 40 per cent higher than onshore. The UK, Denmark and Germany, in particular, are counting on the future of offshore wind energy. We are pleased that our long-term customer DONG Energy has chosen the latest generation of our wind turbines. Together, we are working to further reduce the costs of this environmentally-friendly form of power generation."

DONG Energy, Siemens and Centrica Plc also announced last month that they completed a $660 million funding agreement for the 270-MW, Lincs off-shore wind project. The project, located in the North Sea, will use 75 Siemens 3.6-MW turbines and is scheduled to commence commercial operations in the first half of 2013.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service