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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

Avista Corp. to Testify Before FERC Judge on Market Behavior

LCG, April 3, 2003Federal Energy Regulatory Commission Administrative Law Judge Curtis L. Wagner, Jr. will hear arguments April 9 regarding whether or not an energy market manipulation investigation can be closed.

A year ago FERC began the process of investigating possible energy market manipulation. The commission ordered firms to respond to allegations of improper trading. Avista Corp,, among many other companies, has been subject specifically to a five-month investigation by FERC.

FERC investigators earlier found no market manipulation linked to Avista Corporation, and the Commission began the process of closing the file on Avista.

Now a FERC judge must determine whether or not all concerns raised regarding Avista have been met: no evidence has been found to show Avista Utilities or Avista Energy staff knowlingly participated in improper trading, manipulation of western energy markets, or withholding relevant market information during the FERC inquiry.

According to some sources, Judge Wagner has some reservations regarding the possible settlement, especially in light of a report issued by FERC staff recently that may show Avista involved in unfair trading arrangements.

Meanwhile, Avista is positive about the possible settlement and continues to oppose potential California refunds.

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