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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

Rehearing by FERC Sought Over Transmission Fees

LCG, Aug. 27, 2003--A group of utilities that are members of the Midwest Independent Transmission System Operator Inc. have notified the Federal Energy Regulatory Commission that they woud like the agency to reconsider its planned cancellation of some transmission fees.

The fees, called "through and out" charges, had been seen as discouraging competition, and are currently set to end in November. In addition to separate communications sent by a dozen utilities that own transmission, the Pennsylvannia Public Utility Commission stated that FERC's imposition of a seams elimination cost adjustment, itself an artificial rate mechanism, was unfair.

The through and out fees that had been charged amounted to roughly $250 million per year, and the utilities are of the opinion that doing away with the fees will cause them undue economic harm. According to some, up to $50 million is at stake due to what would be "free service." The Pennsylvania regulators felt that in supporting a shift to the new rate mechanism last month, FERC failed to gain commitments from transmission-owning entities to become part of regional transmission organizations, which are meant to enlarge the marketplace for electricity by standardizing rules and tariffs.
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