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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

NYPA Urges Munis to Join Hydro Relicensing Reform

LCG, Aug. 29, 2001--Warning that current law impedes the relicensing of hydroelectric facilities and adds significantly to the cost of renewing their operating permits, the chairman of the New York Power Authority last night urged the state's municipal utilities to get behind a movement to reform the law.

"In 1986, the Federal Power Act was amended to require the Federal Energy Regulatory Commission to balance power generation with energy conservation, protection of fish and wildlife, recreational opportunities and environmental protection," Joseph J. Seymour, chairman and chief executive of the NYPA, told the New York Municipal Electric Utilities Association at its annual meeting in Niagara Falls.

"While the goal was to accommodate competing interests, the (FERC's) role has been seriously impacted by past legislation and by subsequent interpretations of the law by the courts," he said. "The current law enables various agencies to impose on licensees huge unfunded conditions with little or no balancing as contemplated by the Federal Power Act."

Seymour also defended public power's role in an increasingly deregulated electric marketplace. "Early on, some were forecasting the death of public power. They assumed that lower pricesanticipated under deregulation and competition would ease us out of the picture," he said. "But now, people are finding that public power has a great deal to offer in a deregulated marketplace."

"California created a state power authority as a potential solution to the state's energy problems, though they're about 70 years behind us," he observed.

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