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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

Regulators Give Some Peco Customers to Marketer

LCG, Nov. 30, 2000--The Pennsylvania Public Utility Commission said in a statement yesterday that about 299,000 residential customers of Peco Energy Co. will receive "discounted electricity" from the New Power Co. under a PUC-approved plan.

Kevin Cadden, communications manager for the commission, said customers would be randomlyselected from those who have not shopped for an alternative supplier under the state's electriccompetition program.

Customers choosing to participate in the program will receive power from New Power beginning inJanuary and continuing through January 2004. New Power is a joint effort by Enron, America Online andIBM. Peco will continue to provide transmission and distribution service.

"Peco will select customers who have not actively participated in our program," Cadden said."However, customers have the right to opt out of this program and to return to Peco at any time without a penalty."

The commission said the action is intended to create more competition in the Philadelphia area by allowing a competitor to provide default service to Peco customers. Customers who do not shop under the state's electric competition law automatically continue to receive electricity from their local electriccompany.

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