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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

SDG&E Takes it Easy on Beleaguered Customers

LCG, Aug. 16, 2000--San Diego Gas & Electric Co. yesterday promised not to disconnect any of its customers who are slow paying their electric bills, which are now twice as high as they planned for. The company also offered customers who feel the squeeze a flexible payment plan.

"We are sensitive to difficulties many of our customers are having in coping with the high electricityprices ...," said Pamela J. Fair, vice president for customer services. "We want our customers to know that we are going to be as flexible as possible in helping our customers get through this tough transition period for deregulation."

San Diegans became the first in the nation to become exposed to the volatility of the wholesale power market when SDG&E paid off its stranded costs and the lid on the generation portion of customer bills was lifted. Because the utility must, under state law, purchase all of its power through the California Power Exchange and cannot enter into long-term supply contracts with independent power producers, it simply passes the cost of power along to its distribution customers.

SDG&E made three promises top its hard-pressed customers who have seen their electric bills go from about $50 to more than $100 for a months worth of power.

  • No one's power will be shut off due to lack of payment for the remainder of the summer and through October 2000.

  • No one's credit will be adversely affected; reports will not be made to credit agencies during this same period.

  • No customer's account will incur late charges.

Fair was wrong when she said "California's deregulated electricity market currently is not workably competitive and federal government needs to act swiftly to correct the problem." Only three-quarters of Californias ordinary power needs are fulfilled by in-state generation, and when it gets hot, more power than usual must be imported.

The state needs more power plants because of its booming economy, an economy that is turning out ever more electricity-consuming gadgets, and it needs more transmission facilities to get the juice from the power plants to the consumer.

California is also home to every brand of anti-power plant nut under the sun.

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