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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

Philadelphia Utility Customers Must Be Given to Competing Suppliers

LCG, Feb. 7, 2003--The Pennsylvania Public Utilities Commission is following through on a late-1990's restructuring requirement agreed to by utility PECO Energy, to see that alternative power suppliers acquire a minimum percentage of the commercial electricity market in and around Philadelphia.

PECO will need to see that at least 50 percent of its customers are assigned to alternative suppliers, given that 7.7 percent of commercial power customers have switched suppliers thus far. One commissioner out of the five-member panel dissented in the vote to approve the plan. The alternative suppliers are to begin serving their new customers on May 1.

Customers who wish to remain with PECO as power supplier will be able to opt out of the program. All of the approximately 152,500 commercial users will receive their bill through PECO. Alternative suppliers may bid to serve blocks of customer accounts, with each block serving 1,000 customers. Renewable energy bids will be allowed for 500 accounts per block. Only the regular, non-renewable bids will be required to be 0.25 below PECO's "price to compare". Bids will have to be submitted by Feb. 21, following the distribution of bidding rules to suppliers Feb. 17. A similar program is planned for residential customer accounts.
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