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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

FERC Would Allow California More Imports from Mexico

LCG, Mar. 28, 2002--The Federal Energy Regulatory Commission has stated that costs associated with investment in transmission lines between San Diego and Mexico would be allowed by the agency.

The FERC Chairman, Pat Wood, believes that the savings made possible by increased imports could reach $26 million for customers in San Diego, and $174 million per year for all of California. Initial upgrades, which are projected to allow 1,360 megawatts of generation imports to California, would bring savings of $3 million to San Diego and $10 million to the state, according to the FERC.

San Diego Gas and Electric Co., a subsidiary of Sempra, would be allowed to include the costs of line upgrades to the Miguel-Mission and Imperial Valley lines in rates. The final capacity of the lines could be 3,810 megawatts.

The FERC is now awaiting a filing by the California Independent System Operator (ISO) in May that will contain restructuring plans by the grid operator. The FERC felt that market design was responsible in part for the severity of California's power crisis in 2001. The importance of restructuring details is made more immediate by the approaching end of wholesale price caps imposed by FERC. The caps are set to expire on September 30.
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