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AES and Meta Announce PPAs to Provide 650 MW of Solar Capacity for Data Centers

LCG, May 22, 2025--The AES Corporation (AES) yesterday announced that it has entered into two, long-term Power Purchase Agreements (PPA) to support Meta's data centers with 650 MW of solar capacity from two AES projects that will be starting operation in the Southwest Power Pool (SPP). AES expects these two solar projects will provide economic benefits to communities in Texas and Kansas, including hundreds of new construction jobs and contributing millions in long-term tax revenue.

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TVA Submits First Construction Permit Application for SMR at Clinch River Site

LCG, May 21, 2025--The Tennessee Valley Authority (TVA) announced yesterday that it is the first utility in the U.S. to submit a construction permit application (CPA) for the GE Vernova Hitachi Nuclear Energy (GVH) small modular reactor (SMR) BWRX-300 technology to the U.S. Nuclear Regulatory Commission (NRC). The application is TVA's next step in pursuing an SMR at its Clinch River site, near Oak Ridge, Tennessee. Preliminary SMR site preparation could begin as soon as 2026.

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Industry News

Oklahoma Deregulation Delay Dead for Year

LCG, March 13, 2001A measure that would have delayed the introduction of a competitive electricity market in Oklahoma from July 1, 2002 to no sooner that Jan. 1, 2004, is dead for this year, according to its author, Democrat state Rep. Larry Price.

Rice said yesterday he had returned his bill to the Oklahoma House Utility Regulation Committee after a 50-46 floor vote for an amendment that was attached to give the state Corporation Commission the authority to pass deregulation rules and orders without prior legislative consent.

"Fundamentally, I just couldn't accept that amendment," Rice said, pointing out that the issue was whether electric restructuring was the province of the legislature of the Corporation Commission.

The move to delay electric industry restructuring in Oklahoma was a response to the post-deregulation problems in California. As it is, restructuring will begin July 1, 2002, and with it an electric rate freeze will be lifted.

Rural, residential and small commercial customers have felt they will fare better if the legislature is in control of deregulation, which industrial and large commercial customers prefer to let the regulators handle it..

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