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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

AEP Talks With FERC Over 2000/2001 Electricity Trading Practices

LCG, August 27, 2003American Electric Power has agree to pay just $45,240 in order to settle allegations of possible manipulative trading practices.

AEP has been under investigation for possibly unethical electricity trading practices such as Death Star, a plan by which imaginary congestion is created on the transmission system with fake transmission requests.

Federal Energy Regulatory Commission (FERC) staff reported that AEPs trading records, while questionable, do not qualify as Death Star trades and thus made the agreement for a $45,240 settlement.

AEP admits no guilt in the process of settling, and a FERC judge and three-person committee must still approve the settlement before it is final.

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