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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

On Again, Off Again; Another Stay Stalls BG&E Rate Cut

LCG, July 24, 2000--Maryland's Circuit Court for Baltimore City on Friday issued an interim two-week stay preventing Baltimore Gas & Electric Co. from putting into effect its customer choice program for electricity users and from granting its customers a 6.5 percent rate cut.

Christian H. Poindexter, chief executive of Constellation Energy Group, the holding company for BG&E, termed the stay "a temporary setback for 1.1 million Baltimore Gas & Electric customers."

It was the latest in a series of temporary setbacks engineered by a New Jersey-based group claiming to represent out-of-state electricity marketers seeking to sell power to residential customers in Maryland. The organization, Mid-Atlantic Power Supply Association (Mapsa) says BG&E rigged the calculation so that its standard offer price is so low it can't be competed with.

In his order Friday, Judge Albert J. Matricciani said "it is not the intention of this Court to indicate in any manner its judgment with respect to the merits of Mapsa's request for a stay..." He scheduled a hearing for August 4 on the stay.

It wasn't the first time that a stay had been granted on Mapsa's petition. Poindexter noted that "Mapsa's stay request has been considered by the courts four times and, after appropriate consideration, ultimately denied each time."

BG&E said that when Mapsa runs out of venues in which to plead its case, it will make the 6.5 percent rate cut retroactive to July 1, when customers of other Maryland utilities got theirs.

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