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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

TVA Announces Transmission Agreements

LCG, Apr. 19, 2002--The Tennessee Valley Authority and neighboring transmission operators in the Southeast and Midwest have reached agreements on integrated operation of their grids, the government agency said Wednesday.

The Midwest Independent System Operator, and the utilities Southern Co. and Entergy Corp. have been involved in the talks. The TVA manages a transmission system spanning seven states, and by developing common procedures and rules with surrounding areas, it will assist in the promotion of large regional transmission organizations (RTO's), proposals for which are required by the Federal Energy Regulatory Commission. RTO's are intended to make transmission access open and competitive.

While the TVA itself cannot belong to an RTO, its announcement indicates the possibility of tighter integration between the southeast and the Pennsylvania-Jersey-Maryland Interconection, or PJM. Jim Torgerson, president and chief exceutive of the Midwest ISO (MISO), which has a pending agreement with PJM, said the MISO's negotiations with TVA will advance the prospect of a large market throughout the eastern part of the country. Torgerson said, "we'll have a large and robust market, and it will mitigate market power."
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