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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

Consumer Rights Advocates File Suit for Lower Rates in Texas

LCG, March 11, 2002-In Travis county, Texas, a consumer advocacy agency has filed a suit against the Texas Utility Panel, asserting that rates have been artificially inflated.

The Texas Public Utility Commission insists that all legal guidelines have been followed regarding electricity prices, and power companies say rates are fair. However, regulators promised a 6 percent rate reduction when deregulation began in 1999, and consumers have experienced a 3.6 percent increase in their rates instead. Lawsuits filed on Wednesday address this and an extra fee charged by the Texas Utilities Panel(TXU) and West Texas Utilities Company.

Apparently, unrealistic maintenance and scheduling costs had been included in this extra fee. Agency member for the counsel Clarence Johnson demonstrated this excessive charge by explaining that the scheduling fees alone would require 20 people working at $200 per hour for 2,000 hours.

Although consumer groups believe that rates have been increased due to deregulation, the TXU still insists upon the fairness of the benchmark rate decided upon by the state.

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