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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

Reliant Takes 824 Megawatts of Capacity Offline

LCG-Nov. 5, 2003--After receiving no bids for one year's output from three generating plants it owns in California, Reliant Energy has announced it will mothball 824 megawatts of capacity.

The output of Etiwanda units 3 and 4 near Rancho Cucamonga, Mandalay unit 3 near Oxnard, and Ellwood, near Goleta, was offered at a minimum bid level of the company's cash costs. Because no bids were received, a decision was made to mothball the Southern California units until March 2005. On October 13, Reliant announced a decision to retire Etiwanda units 1 and 2, after seeking similar bids. The costs that it was seeking to cover included required environmental upgrades and forecast operating and maintenance costs of the units.

The auction was conducted as indicated in a settlement with the Federal Energy Regulatory Commission (FERC), announced in October. Reliant Energy plans to offer the capacity a second time in September 2004, and may start the units if bids at or above the projected cash costs are received.

Although Reliant submitted an offer in July to the California Independent System Operator (CAISO) for the Etiwanda units, which represent a total of 640 megawatts, to operate as reliability-must-run (RMR) units, they were not selected.
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