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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

Edmonton Power Bills Up 43 Percent

LCG, Jan. 16, 2002--Monthly power bills for Edmonton customers of Epcor will be, on average, $73 ($46 U.S.), 43 percent higher than during the same time last year.

The higher bills are due in part to accelerated payments for deffered costs, which the company had been ready to collect over a three-year period, and to the end of a customer rebate program. The Alberta Energy and Utilities Board advocated that the deferred costs instead be spread over two years, a change Epcor vice-president Guy Bridgeman agreed with.

The costs originated in 2000 and 2001, when Alberta rates paid by customers were capped. The cost to Epcor of supplying power was not covered by these customer rates, and the company spent roughly one-third more than what it charged. Last year's provincial rebate program reduced costs to customers, resulting in bills of approximately $51 ($32 U.S.).

The Edmonton city council unanimously instated the new rates. Thus, slightly over 42 percent of the new bills is for power costs incurred in 2002, while transmission billing fees, plus the goods and services tax account for 34 percent. The remainder, roughly 23 percent, is connected with deferred costs.

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