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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

South Korea Plans 10 More Nukes

LCG, July 12, 2001The Republic of Korea said in Seoul yesterday that it plans to add 10 new electric power nuclear reactors over the next 10 years to keep pace with growing electricity demand.

Nuclear power plants now supply 40.9 percent of South Korea's electricity, and that percentage won't grow under the program. The addition of the new plants, which will have a combined capacity of 10,800 megawatts, will barely cover expected increases in demand.

Prime Minister Lee Han-dong is chairman of a special government committee which announced the plan to complete two new reactors next year, another two in 2006, two more in 2008 and another four by 2011.

A spokesman for the Ministry of Science and Technology said some of the reactors are already under construction. Eight will have a generating capacity of 1,000 megawatts each and the other two will produce 1,400 megawatts of power.

In 2011, when the program is complete, South Korea will have 24 reactors producing about 40 percent of the nation's electricity. The prosperous south of the Korean Peninsula has the industrial capability to construct nuclear power plants without outside help.

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