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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

Gradual Increase in Merchant Generation Proposed in Arizona

LCG, Sep. 30, 2002--The Arizona Corporation Commission, which regulates Arizona's utilities and power markets, put forth a plan last week suggesting that an increasing amount of power be supplied by long-term contracts bid by merchant suppliers and energy marketers to supply utilities' needs.

The percentage of utility Arizona Public Service's summer demand to be met by competitive bidding would be allowed to start at 30% next year, for a total of 1,951 megawatts. In addition, must-run power purchase agreements in areas with little surplus transmission could be privately negotiated.

According to an official with APS who was present at a hearing on Thursday, congestion on some transmission lines transmitting power from plants of Pinnacle West, the unregulated affiliate, would require that those plants be given top priority for such lines' use. Possible competitors of Pinnacle West disagreed with such a policy.

Price would be one of several criteria used in selecting bids, according to the ACC's plan. Other considerations cited were reliability, creditworthiness and system-wide benefits. By 2006, the ACC said, 2,898 megawatts of APS' capacity would be subject to competitive bid.
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