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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

Bulgaria to Shut Down Two Oldest Reactors

LCG, July 14, 2000--The government of Bulgaria, in a bid to enhance its acceptance into European Union membership, agreed yesterday to shut down the two oldest reactors at its 3,760 megawatt Kozlodui nuclear power plant.

Kozlodui, located on the Danube River about 125 miles north of Sofia, is Bulgarias only nuclear power plant, but provides about 40 percent of the countrys electricity. It consists of four 440 megawatt "old-style" Soviet reactors built without containment buildings and two 1,000 reactors that are more modern but still of Soviet design. The older reactors are considered by Western authorities to be unsafe.

Bulgaria had originally planned to phase out the four older reactors between 2004 and 2012 when they reached 30 years of age, but when the EU invited the country to begin talks which would lead to membership in the European Union, it was made plain that early closure of the older reactors would be a condition.

The EU has said it would provide Bulgaria with 200 million euros ($187 million U.S.) by 2006 to cover closure costs of the old reactors and to lend 250 million euros ($236 million) to bring safety systems at the 1,000 megawatters up to western standards.

Plant officials at Kozlodui say decommission costs for two of the older reactors could cost as much as $400 million.

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