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Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

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New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

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Industry News

California PUC Targets Doubling Renewable Energy by 2030

LCG, March 27, 2020--The California Public Utilities Commission (CPUC) yesterday unanimously approved a new emissions target for its electric sector that would double California's clean energy capacity through 2030 and effectively block new natural gas-fired electric generating facilities.

The CPUC set a target for the electric sector to reduce greenhouse gas (GHG) emissions to 46 million metric tons by 2030, or 56 percent less than 1990 emission levels. California's overall goal is to reduce GHG emissions to 40 percent below 1990 levels by 2030.

"The Decision adopted today provides guidance to load-serving entities to go out and procure approximately double the amount of renewable and storage capacity that is currently online in the electric system in California," said one of the CPUC Commissioners.

The CPUC reference portfolio identifies the need by 2030 for nearly 25 GW of additional renewable and storage resources, including 8,900 MW of new battery storage, which is roughly eight times the front-of-meter battery storage capacity installed in the U.S. today.

The challenge to the California electric sector will be even greater if electrification of (i) transportation, i.e., transitioning from gasoline vehicles to electric vehicles (EV), and (ii) space heating, i.e., moving from natural gas heating to electric heat pumps, increases the demand for electricity.

The CPUC also closed a loophole that would have allowed development of new (but not existing) natural gas plants if paired with energy storage.
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