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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

Enron Memo Echoed in Cheney's Message to California

LCG, Jan. 31, 2002--A memo published by the San Francisco Chronicle Wednesday, from Ken Lay to Vice-President Dick Cheney, indicates that the former Enron Chairman and Cheney were both in support of free markets, not price caps, in California last year.

The memo reflected talks between the two men in April 2001, when California officials were calling for the White House to back wholesale power price caps. Public remarks by Cheney a few weeks later indicated a resistance to price caps, and a belief that such caps "would be a mistake," according to Cheney.

An excerpt from the memo reads, "the administration should reject any attempt to re-regulate wholesale power markets by adopting price caps or returning to archaic methods of determining the cost-base of wholesale power." It further warns that temporary price restrictions, not just ongoing caps, "will be detrimental to power markets and will discourage private investment."

The GAO has stated that it will go forward with a suit against the White House aimed at obtaining documents from energy policy talks. Mary Matalin, who advises Cheney, said "just because some of the things (from the memo) are included in the plan doesn't mean they were from the talks."

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