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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

House Members Trade Proposals Over Power Market Authority, Oversight

LCG, September 17, 2002--The Federal Energy Regulatory Commission's proposals for creating a seamless national electric power market are encountering some criticism from House lawmakers, as they draft specifics for electricity legislation.

The FERC's recently issued rules proposal, standard market design, is far from being derailed, although a prior FERC stipulation that utilities join regional transmission organizations (RTO's) is seen as too stringent. Among a group of Republicans, including Rep. Billy Tauzin (R-La.), and Rep. Joe Barton (R-Tex.), suggestions have been made that utilities could be awarded incentives should they join an RTO. That suggestion was criticized by Rep. Edward Markey (D-Mass.), as "very generous with the ratepayers money."

Standard market design is seen by some Southern and Western representatives as bypassing traditional state authority over market operations. Tauzin said that a vote on any changes to FERC's proposal would take place by July. Points of disagreement have also centered around a Republican proposal to repeal the Public Utilities Company Holding Act (PUHCA), a 1935 law which was to prevent utilities from acquiring undue market influence.

Democrats such as Henry Waxman (D-Calif.) have stressed what they see as a need for more oversight of electricity trading and financial integrity, while downplaying modifications to FERC's transmission-related rulemaking.
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