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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

California Transmission Upgrades Stalled

LCG, September 14, 2004--Plans to upgrade transmission capacity from wind farms in the Tehachapi and Antelope Valley area to California load centers must now clear a new funding hurdle, as the Court of Appeal of the State of California has annulled a California Public Utilities (CPUC) ruling that would have required Southern California Edison (SCE) to pay the upfront cost for the upgrade.

The current capacity of the wind farms in the area is about 600 MW, with up to 1,100 MW of additional wind projects planned, according to the California ISO. In late July, the California ISO approved the plan to construct the 25-mile transmission line, which is estimated to cost $94 million. The upgrade would be a key grid improvement to enable California's Renewable Portfolio Standard (RPS) to be met. The RPS requires 20 percent of the energy the Investor-Owned Utilities deliver to their customers to come from renewable resources by the year 2017.

The CPUC, in its Interim Opinion and Order Denying Rehearing, took the position that, per California Public Utilites Code section 399.25, the State could require utilities to pay the upfront costs of system upgrades necessary to connect new sources of renewable energy to the grid and roll-in the costs to ratepayers. With this policy, the financial risk associated with the $94 million upgrade would be transferred to the utility ratepayers. Under the current Federal Energy Regulatory Commission (FERC) policy, the generator would fund the upgrades and receive a monthly credit back, with interest, over time. The Court of Appeal ruled that the CPUC's interpretation is preempted by federal law, thus the financial burden cannot simply be placed on the back of SCE and its ratepayers.

The value of the transmission capacity will be more transparent after the California ISO implements locational marginal pricing (LMP), which is planned for February 2007.

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