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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

Ontario Reserves to Rise Slowly

LCG, Sep. 27, 2002--Ontario is expected to require significant imports of electric power for the rest of the current year as well as in 2003, due to continued outages at nuclear plants.

This conclusion concerning thin supply reserves was reached by the Ontario Independent Electricity Market Operator, which released its quarterly 18-month outlook early this week. The price of electricity rose significantly in the province during the summer, when high demand required a greater part of demand to be met with generation outside Ontario.

Of the two nuclear plants at which generators have been out for overhauls, four Pickering A units are thought to be returning to service at close to nine-month intervals. Each offers 515 megawatts. Ontario Power Generation owns the units as well as another group of reactors which is operational, Pickering B.

Two units at Bruce Power are expected to return to service by the summer of 2003, which would bring 1,700 megawatts online.
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