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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

Midwest ISO Releases Draft Tariff

LCG, June 23, 2003--A set of draft tariff and market rules governing day-ahead and real-time energy markets, called the Open Access Transmission and Energy Markets Tariff, has been released by the Midwest Independent Transmission System Operator.

The rules were revised based on responses from ISO members and interested parties, following a technical conference held in May, and are being made subject to further comment. In addition, a sample allocation for financial transmission rights has been made public. The allocation was determined by using a network data model, incorporating generating resources and load. The Midwest ISO is asking for input on the system for allocation.

According to James P. Torgerson, president and chief executive officer of the ISO, "Defining the tariff langugage necessary to provide a solid blueprint for market operations, developing a network data model and producing initial financial transmission rights allocations are key components of our overall plan for ensuring a smooth market opening." The ISO intends to make an informational filing with FERC by August 1. "We are committed to honoring existing contracts and service arrangements consistent with federal and state policy," Torgerson said.

A guide to the Midwest Market Initiative is posted at www.midwestmarket.org.
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