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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

California Power Authority Faces FERC Scrutiny

LCG, Aug. 23, 2001--Federal regulators say California's new power authority would have to get federal permission to buy power contracts, hydroelectric plants or electric lines, the Sacramento Bee reported this morning.

In addition, there could be some circumstances when the new agency's goal of providing electricity for Californians could clash with federal rules on how wholesale power can be traded, wrote Kevin Madden, general counsel for the Federal Energy Regulatory Commission.

Madden's letter, which responded to an inquiry by U.S. Rep. Doug Ose, a Northern California Republican and California Secretary of State Bill Jones, also a Republican, was dismissed by S. David Freeman, head of the state's new Consumer Power and Conservation Financing Authority.

The 72-year-old Freeman, a political appointee of Gov. Gray Davis, is former head of the Los Angeles Department of Water and Power and has spent his professional life in the publicly-owned power sector.

There was no need for FERC to "dream up" circumstances under which the state might fall under its authority, Freeman said, particularly when FERC has been so slow to come to California's aid in the past.

"If they can't help us, the least they can do is stop writing letters," he said.

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