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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

California Municipal Raises Power Rates by Half

LCG, Feb. 9, 2001Mount Lassen in the Cascade Range of Northern California is an active volcano. Nothing has been heard from the mountain since 1921, but there are rumbles of a different sort coming from the municipal utility that serves the area.

The Lassen Municipal Utility District, which serves 11,000 customers in the town of Susanville and a few other hamlets, will raise its electric rates by an average of 49 percent. When they heard the news, the utility's customers breathes a sigh of relief because general manager John Baxter has said an increase of 162 percent might be needed.

The LMUD owns no generation of its own and when it bought power last fall it found that the price had gone up, rather than down as it usually does after the hot summer months.

Baxter told the district's board earlier this week that he had taken two steps to curb the rate hike. First, he wants to get rid of the district's biggest customer, the Sierra Army Depot in the town of Herlong. LMUD was selling power to the Army for less than it paid for it.

Second, he negotiated power supplies that will save the district money. A source who asked not to be named told EnergyOnline Daily News that the district signed a year-long deal with his power plant for the energy off one boiler, paying in the neighborhood of $30 per megawatt-hour and supplying the fuel.

The rate increase will add 3.5 cents per kilowatt-hour to residential customers' bills and cost commercial customers an additional 4 cents per kilowatt-hour.

One would think there was some geothermal power lurking beneath the surface of Mount Lassen.

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