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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

Ballot Initiative Scheduled on Takeover of Nevada Power

LCG, July 3, 2002--Commissioners for Nevada's Clark County voted yesterday to include a nonbinding ballot initiative in November elections that could lead to Nevada Power being subject to a municipal takeover.

The question to appear reads, "Should the Nevada Legislature take appropriate action to enable the electrical energy provider for Southern Nevada to be a locally controlled, not-fo-profit public utility?" A takeover would not be possible without a change in the law being enacted by the Nevada Legislature.

A Nevada Power spokeswoman, Andrea Smith, said the company would probably fight the ballot initiative, while the Las Vegas Chamber of Commerce said it opposed the ballot iniative on philosphical grounds.

Commissioners expressed disagreement over the timing of a ballot initiative. Bruce Woodbury, who cast the single dissenting vote, noted that prior to the vote, a ballot initiative had always been preceded by a study of the issue at hand. One reason for the lack of support for a study among Commissioners voting in support of the initiative may have been the possibility that the Legislature could renew a law that requires Nevada Power give approval to a municipal takeover.

Commissioner Myrna Williams said a study would take two to four years, and indicated that she thought rates could decline if a takeover took place. Commissioner Woodbury said that several issues were open to question, including effects on property tax revenues, the means by which a takeover would occur, and whether rates would in fact go down.
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