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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

Montana Regulators Seek Delay for Electric Competition

LCG, Oct. 31, 2000-- An insufficiency of competitors has prompted the Montana Public Service Commission to propose a two-year delay in opening the state's retail electricity market to competition.

Will Rosquist, a staff economist, said yesterday that the commission now wants to open the power market in July 2004 because of limited choices and currently high prices. "There are not enough competing suppliers out there to keep in check monopoly pricing," he said.

Montana's 1997 electric restructuring law calls for the market to be fully open on July 1, 2002, but allows the commission to extend the transition period by two years if the regulators find that the extra time is necessary to give customers a real choice from among competitive suppliers.

Rosquist said that although Montana has ample generation, California's power shortages have affected the state. Wholesale prices in the Pacific Northwest are closely related to those in California because that state imports up to 25 percent of its power during periods of peak demand.

The economies in other northwestern states have also increased demand, particularly in the Seattle area. For that reason, prices paid for electricity from Montana's large power plants such as the 2,250 megawatt Colstrip complex have risen.

Wholesale power prices are now higher than the 1998 level at which Montana's rates were capped by the restructuring law. For that reason, Energy West Resources, the only alternative retail supplier doing business in the state, decided to call it quits. Energy West's 1,000 customers will default to Montana Power Co.

Another problem facing the commission is that 23 of Montana's 25 rural electric cooperatives had chosen to pass up the opportunity to restructure. The co-ops account for almost half of Montana's power supply.

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