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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

Missouri Said Close to Electric Dereg Law

LCG, March 19, 2001Legislation pending in House and Senate committees of the Missouri General Assembly, which would allow the state's investor-owned electric utilities to put their generating assets in unregulated subsidiaries, is being pushed by AmerenUE, the former Union Electric Co., according to the St. Louis post Dispatch.

The bill also has strong support from large industrial customers such as Boeing Co., Anheuser-Busch Cos., DaimlerChrysler, Ford Motor Co. and General Motors because it would allow them to purchase power from alternative suppliers at lower rates than they are now paying.

The paper said the bills stop short of a full open electric market, but would allow the utilities to sell the power generated in their Missouri power plants into the wholesale market.

The legislation has drawn sharp criticism from Martha Hogerty, head of the Office of Public Counsel, a Missouri consumer watchdog agency. Calling the measure "the most irresponsible thing I have ever seen," she said "This bill would take all of our good, cheap energy dedicated to our Missouri customers and put it out on the open market."

Gary L. Rainwater, president of the Ameren Corp. subsidiary that would run the former Union Electric plants, said the measure would permit his company to combine Ameren's 8,000 megawatts of Missouri generation with its 4,000 megawatts of Illinois generation that once belonged to Central Illinois public Service Co., another Ameren unit.

Illinois is farther along in electric deregulation and AmerenCIPS has already moved its power plants into Rainwater's Ameren Energy Resources. He said the plan could mean lower rates and would give Ameren and other investors an incentive to build new generation.

"What's fundamentally changed in our business is that we can no longer rely on being able to buy cheaply on the wholesale market" to fill the gap between supply and consumer demand, Rainwater said.

Hogerty also objects to the Federal Energy Regulatory Commission taking over much of the regulatory control. She said the Missouri Public Service Commission has a long history of overseeing the utilities and understands their costs and needs.

She feels that turning over the utilities' generating systems to federal oversight will ensure that rates for residential customers will rise.

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