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AES and Meta Announce PPAs to Provide 650 MW of Solar Capacity for Data Centers

LCG, May 22, 2025--The AES Corporation (AES) yesterday announced that it has entered into two, long-term Power Purchase Agreements (PPA) to support Meta's data centers with 650 MW of solar capacity from two AES projects that will be starting operation in the Southwest Power Pool (SPP). AES expects these two solar projects will provide economic benefits to communities in Texas and Kansas, including hundreds of new construction jobs and contributing millions in long-term tax revenue.

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TVA Submits First Construction Permit Application for SMR at Clinch River Site

LCG, May 21, 2025--The Tennessee Valley Authority (TVA) announced yesterday that it is the first utility in the U.S. to submit a construction permit application (CPA) for the GE Vernova Hitachi Nuclear Energy (GVH) small modular reactor (SMR) BWRX-300 technology to the U.S. Nuclear Regulatory Commission (NRC). The application is TVA's next step in pursuing an SMR at its Clinch River site, near Oak Ridge, Tennessee. Preliminary SMR site preparation could begin as soon as 2026.

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Industry News

US Signs Energy Research Agreement with European Union

LCG, March 6, 2003Today EU and US officials agreed to have scientists join efforts in hydrogen and nuclear power research.

Spencer Abraham, the U.S. Secretary of Energy, signed a pact with the European Union in the office of EU Research Commissioner Philippe Busquin.

According to the agreement, researchers studying nuclear fission, nuclear fusion, hydrogen power, and carbon dioxide removal will be able to work together in order to quicken technology development.

While the document says nothing about how much money the EU or U.S. will put toward joint projects, the signing marked a new direction for the Bush administration, which pulled the U.S. out of the Kyoto Protocol in 2001 to broad internatinoal dismay.

Meanwhile the Bush administration has earmarked at least $1.5 billion in funding for hydrogen fuel cell research. Fuel cells are complicated systems in which petroleum or other hydrocarbons undergo a series of reactions, yielding water, carbon dioxide, and energy. Hydrogen, which is too reactive to survive long in elemental form in nature, can also be separated from carbon compounds and stored as gas. When elemental hydrogen reacts with oxygen, it yields energy and water vapor.

The EU and U.S. have both noted interest in turning to a hydrogen-based economy, a somewhat misleading proposition in that, according to the current direction of research, hydrogen will be derived from natural gas, coal or oil. In any case, the signing comes as part of a growing international effort to change the face of power production.

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