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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

US Supreme Court Upholds FERC Open Access Order

LCG, Mar. 4, 2002--The U.S. Supreme Court ruled today in support of a Federal Energy Regulatory Commission rule that forced utilities to make transmission access open to energy suppliers that do not own their own transmission lines.

FERC Order 888 was issued by the FERC in 1996 in recognition of the incentive that transmission-owning utilities have to give preferential access to their own power transmission needs. The order was being challenged by the regulatory commissions of nine states, including New York, Florida, Idaho, New Jersey, North Carolina, Virginia, Washington, Vermont and Wyoming. They contended that FERC overstepped its authority by intruding on states' ability to regulate retail markets.

Richard Pierce Jr., a law professor at George Washington University, said the implication of the ruling "is terribly important for anybody who's a consumer and interested in getting a level playing field." About half of the states ended monopolies in retail power markets following the order by FERC.

In their 6-3 ruling, the Justices found that the FERC was justified in regulating unbundled retail transmission service, but not bundled services, which was sought by a leading supporter of open access, Enron. FERC's approach had been concerned only with unbundled services.

A spokesman for the Edison Electric Institute, Jim Owen, said, "the decision today reaffirms the wisdom of FERC's approach."
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