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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

N.Y. ISO Worries About Power Shortage, Price Spikes

LCG, June 1, 2001--The New York Independent System Operator yesterday warned that a power crisis threatens the Empire State, though there are unlikely to be California-style blackouts this summer.

The ISO, urging regulators to streamline the permitting process for new power plants, said the state could face power shortages and increased electricity prices as early as next year if new generation does not come on line.

"New York has no significant generation coming on and we are expecting load increases. That spells trouble," said Bill Museler, chief executive of the ISO.

As in California, there are many proposals for new power plants 65 at latest count but only five have been accepted. And those five, even if they clear all regulatory hurdles and survive local appeals, could not begin to produce power for at least two years.

"It is crucial some of those plants are approved this year or power reliability will be at very serious risk and prices will be judged totally unacceptable," Museler said.

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