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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

Carolinas Utilities to Form Regional Transmission Firm

LCG, July 19, 2000--Three electric utilities in the Carolinas announced plans yesterday to set up their own power grid operator in conformance with the Federal Energy Regulatory Commissions intent to have all utilities in the country operating in regional transmission organizations by the end of next year.

CP&L Energy Inc., Duke Energy Corp. and Scana Corp. said jointly that their planned independent regional transmission organization, to be called GridSouth, would operate their power transmission systems according to FERC rules for RTOs. Ultimately, GridSouth could become a profit-making, publicly-held "transco."

Jim Hinton, Dukes senior vice president for electric transmission, said "Duke's vision is for a large regional, independent organization that owns and operates transmission. This is a solid step in that direction."

Hinton said the companies are not proposing to transfer assets to GridSouth at this time, but to transfer operational control. "Some transmission owners might sell their assets to GridSouth and some might not. This model provides us with needed flexibility to get us through the next handful of years," he said.

William B. Timmerman, chief executive of Scana which owns South Carolina Electric & Gas Co., said the RTO would comply with the provision of FERC Order 2000. The three utilities plan to file their proposal with FERC in mid-October.

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