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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

DOE Encourages Site Applications for New Nukes

LCG, Aug. 28, 2001--The U.S. Department of Energy in a notice in the Federal Register yesterday asked private energy companies to submit requests to have potential sites licensed for new nuclear power plants.

In a pilot program aimed at encouraging development of new nuclear generation, the DOE will use $700,000 to subsidize licensing of new sites by the Nuclear Regulatory Commission>

The program will help overcome "barriers affecting future near-term deployment of new nuclear power plants," the agency said in its announcement.

Nuclear utilities could apply for sites now, either at greenfield locations or adjacent to existing nuclear plants, and then sit on the licenses until they were needed. The DOE said applications under the program are due by October 15.

The three leading U.S. nuclear utilities, Exelon Corp., Entergy Corp. and Dominion Resources Inc., are expected to take advantage of the plan.

A spokesman for Dominion Energy, Dominion Resources' power producing unit, said "Anything the federal government does to encourage new plant construction in the U.S. we are infavor of."

Marvin Fertel, a senior vice president of the industry group Nuclear Energy Institute, said the organization expects its members to build eight new nuclear power plants in the ten years between 2005 and 2015.

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