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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

PacifiCorp Asks Oregon for $85 Million Boost

LCG, Nov. 3, 2000--British utility Scottish Power Plc said yesterday its U.S. subsidiary PacifiCorp has filed a rate case with the Oregon Public Utility Commission asking for an overall net rate increase of $85 million over today's retail electricity prices.

The rate hike, if approved, will go into effect eleven months from now, on Oct. 1, 2001.

Scottish Power said most of the increase would offset the increased costs of producing power. In its filings with Oregon and other states, the company said it would need about 9 percent more than current revenues to cover those costs.

The company pointed out that this was a lot less that other utilities in the region need because of PacifiCorp's extensive generation portfolio which allows it to substantially manage its power cost risks.

On Monday, the company made separate filings with regulators in Idaho, Oregon, Utah and Wyoming asking for authority to defer accounting for its excess wholesale electricity costs. Despite its extensive generation portfolio, PacifiCorp has to purchase power now and then. Under deferred accounting the utility will be able to record those costs as they are incurred and then seek recovery in later rate cases.

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