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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

CA Supreme Court Upholds Southern California Edison Rates

LCG, August 21, 2003Bringing Southern California Edison v. Lynch to a close, Californias Supreme Court upheld an agreement between the California Public Utilities Commission (PUC) and utility Southern California Edison.

The Utility Reform Network challenged an arrangement that the PUC and Southern California Edison (SCE) made in 2001 regarding increased electricity rates. The PUC allowed SCE to increase rates to retail customers by as much as 40 percent. Through these increased rates Southern California Edison has been able to recover $3.3 billion of what was lost during the energy crisis when wholesale electricity prices were astronomically high.

The San Francisco-based organization insists that the rate increase was made unlawfully since the parties agreed to the rates in secret.

The court ruled 6-to-1 to uphold the agreement between the PUC and Southern California Edison. Its decision verified that the pact fell within Californias energy laws, including those focused on deregulation and public meetings.

In September of last year the U.S. 9th Circuit Court of Appeals sent the case to the California Supreme Court. The ruling validates the PUCs authority to set rates.

Southern California Edison supplies 4.3 million customers, or about 11 million individuals, in Los Angeles County and surrounding counties.

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