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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

Cinergy Plans Voluntary Emissions Reductions

LCG, Sept. 10, 2003--Cinergy Corp., which is one of four electric utilities selected by the Bush administration to participate in discussions of voluntary emissions reductions, has said that it has set a goal of 5% reductions in its carbon dioxide and other "greenhouse gas" releases by 2012 at the latest.

The company, which owns a significant number of coal-fired electric generation assets, is being advised by the non-profit Environmental Defense, and has earmarked roughly $21 million to determine how it will achieve the reductions. Cinergy's existing power plants would likely be upgraded for greater efficiency, while demand reduction programs based on incentives could also play a role. Further reductions could come from offset programs, which would absorb carbon dioxide through tree plantings or agriculture.

According to officials at the Environmental Protection Agency, 35 participants in its voluntary reduction programs are studying possible implementation of yet-to-be-announced reduction programs, while 11 have outlined their own targets. Dupont, which is recognized as having achieved the most significant reductions (greenhouse gas output is down 68% for global operations, and 40% domestically relative to 1990 levels) is holding its energy consumption at 1990 levels, saving $2 billion in the process.
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