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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

440-MW Plant Starting Up in Ontario

LCG, January 10, 2003--A cogeneration plant that will provide steam to several industrial facilities and electricity under contract and on the spot market should go online in Ontario by the middle of the month, according to TransAlta Corp.

The 440-megawatt plant was expected to go online earlier, but was delayed by difficulties during construction. TransAlta intends to arrange further long-term contracts for the electric output, but is not rushing to do so. Some of the plant's capacity will continue to be made available through the spot market, in which prices have recently retreated, due to a cap that was imposed by the Ontario government on retail prices in December. The cap, which is intended to last until 2006 and was enacted in response to complaints from retail power buyers about rising prices, has created uncertainty among and criticism by developers.

"Government intervention on what's supposed to be a free market obviously concerns us," said spokeswoman Nadine Walz. "We're not putting another penny in (Ontario) until the uncertainty is figured out."

The Sarnia plant, located at the southern edge of Ontario, is home to an existing 210-megawatt steam turbine which brings the entire output at the plant to about 650 megawatts.
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