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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

Sempra Questions CA Challenge of Expensive Contracts

LCG, March 26, 2002-San Diego Gas & Electric's parent company Sempra insists that the state cannot ask the Federal Energy Regulatory Commission to alter or nullify electricity contracts.

$43 billion worth of contracts were signed last year during California's energy crisis, and the state requested that the Federal Energy Regulatory Commission (FERC) do something about the contracts, which are deemed to be $21 billion too expensive by the California Public Utilities Commission. The CPUC says the contracts do not follow federal guidelines calling for reasonable pricing

Sempra says that California cannot legally request to change the contracts and hopes that FERC will deny the substance of California's filings.

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