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Duke Energy Proposes to Build 1,400-MW Natural Gas-Fired Power Plant in South Carolina

LCG, June 9, 2025--Duke Energy announced today its intent to submit an application to the Public Service Commission of South Carolina (PSCSC) for approval to build a new natural gas combined-cycle generating facility with hydrogen capability in Anderson County, South Carolina. The company plans to submit the construction application to the PSCSC later this year. If approved, it expects construction would commence in summer 2027, with operations beginning by early 2031.

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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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Industry News

CMS Energy Sells 59 Megawatt New York Hydro Plant

LCG, Oct. 30, 2000--CMS Energy Corp. the parent company for Michigan's Consumers Energy Co., said on Friday it has closed the sale of its one-eighth ownership interest in the Curtis-Palmer hydroelectric generating project in New York State to International Paper Co. for about $12 million.

Curtis-Palmer is a 58.8 megawatt, two-dam hydroelectric generating project located in Corinth, N.Y., on the Hudson River downstream from Lake George. The facility sells its electric output to Niagara Mohawk Power Corp. under a long-term contract.

CMS said the sale is part of its $1.4 billion asset sale and "balance sheet improvement" program. With the sale, CMS has completed approximately $870 million of cash proceeds and balance sheetdebt reductions to date as part of its program to get the most out of its assets.

" We are executing our asset sale program, and expect to make continued progress on sales of non-strategic assets this year," said Preston D. Hopper, senior vice president for corporate performance and chief accounting officer.

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