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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

Agreement Reached on Merging Market Operations

LCG, Apr. 16, 2003--The Midwest Independent Transmission System Operator (MISO), PJM Interconnection and Tennesse Valley Authority issued a statement jointly on Wednesday to announce their intention to work to unify their electric power market rules and operations.

The merger would significantly advance the stated goals of the Federal Energy Regulatory Commission to see implementation of Standard Market Design, lowering any barriers to electricity sales. PJM recently expanded in 2002 by the inclusion of Allegheny Power, which sells power to customers in five Midwestern states. Although plans were in place for American Electric Power Co Inc., Commonwealth Edison, and the Dayton Power & Light Co. to join PJM on May 1, a delay of that process was announced last month.

PJM Interconnection serves to coordinate grid operations and dispatch of generators based on competitive bidding in seven mid-Atlantic states in whole and in part, and in the District of Columbia. The MISO serves nearly as many people as PJM (24 million and 25 million customers respectively), over an area that includes all or part of 15 states Canada. The Tennessee Valley Authority is the exclusive seller of electricity to 8 million residents in Kentucky, Tennessee, Virginia, North Carolina, Georgia, Alabama and Mississippi. The combined customer base of a merger of the three entities would be more than 57 million customers.
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