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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

PJM Asks FERC for RTO Status

LCG, Oct. 12, 2000--PJM Interconnection and its nine transmission owners have jointly filed with the Federal Energy Regulatory Commission their Order 2000 Regional Transmission Organization compliance report, PJM said this morning. PJM said the filing is aimed at gaining FERC certification as an RTO.

Another important objective of the filing, according to PJM, is to gain approval of the transmission owners' rate proposal, which is intended to promote and expedite investment in new transmission facilities.

John M. Derrick Jr., chairman and chief executive of Potomac Electric Power Co., said "It is of critical importance that the reliability of the nation's electricity grid be maintained."

PJM believes it meets or exceeds FERC's requirements for an RTO. Since it became a fully functional independent system operator almost three years ago, it has been a leader in developing and putting to work the requisites of an independent regional transmission entity.

As to the grid infrastructure, Derrick noted that today there is virtually no incentive to build transmission because of cost recovery and siting challenges. "Recognizing the vital role of transmission in the developing competitive electricity market is essential," he said.

PJM pointed to its efforts in coordinating with the New York ISO, ISO-New England and the Ontario Independent Electricity Market Operator to standardize rules and protocols with an eye to forming a broad regional electricity market for the entire Northeast.

The filing also takes note of the decision by Allegheny Power Co. to join PJM, which has the potential to expand the PJM market into new areas to the west of its current territory.

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