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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

Dominion's Capps Urges Spent Nuke Fuel Site Completion

LCG, March 28, 2001Thomas E. Capps, chief executive of Dominion Resources Inc., said yesterday that the U.S. Department of Energy should move forward with building a permanent repository for spent fuel from the nation's nuclear power plants.

Speaking at a meeting of business economists, Capps said "The federal repository was supposed to be up and running more than three years ago. To date, the government has spent $6.8 billion and no repository is in sight."

The Energy Department has been studying the problem for 19 years and was to have begun accepting spent nuclear fuel for permanent storage in January of 1998 under a law which was enacted in 1982 and has at least twice been supported by court decisions.

Payment for the storage site, including the billions already spent on research, is funded by a surcharge on the electric bills paid by customers of utilities that own nuclear power plants. The DOE now says it could have the storage site at Yucca Mountain in Nevada ready to accept the spent fuel in 2010.

Currently, spent fuel from the nation's 104 reactors is stored on the power plant sites, and the companies are choking on the stuff. Dominion, which recently agreed to acquire the three-reactor Millstone nuclear complex from Northeast Utilities has more than most.

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