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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

CA Auto Fuel Price Investigation Yields No Manipulation

LCG, April 3, 2003California Governor Gray Davis ordered an investigation of the high cost of gas as prices spiked recently, to no result.

The California Energy Commission conducted a study of gas prices as the cost of gas went above $2 dollars a gallon.

According to Chairman William Keese, the price of crude oil and scattered refinery shutdowns were responsible for the high cost of gasoline.

According to the Commission, as the price of crude drops and as refineries go back to producing at full capacity, the price of gasoline is dropping a little, around a penny per gallon last week.

The commission did not find anything abnormal, although the study was conducted for only 15 days.

Meanwhile, the governors office noted that the first justification from the energy market players regarding the energy crisis of 2000/2001 was market forces. Governor Davis is not ready to lay the gasoline price investigation to rest yet.

Gasoline prices increased an average of $0.57/gallon in California between January 1 and March 15.

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