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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

Indiana Commission Authorizes Duke IGCC Project

LCG, November 21, 2007--Duke Energy yesterday received authorization from the Indiana Utility Regulatory Commission to proceed with the construction of a 630-MW coal-fired power plant that will use an advanced, integrated gasification combined cycle (IGCC) technology. Duke must still receive an air permit from the Indiana Department of Environmental Management. If received, construction may commence in 2008, with full operations achieved in early 2012.

The proposed project will be built at Duke's existing Edwardsport Generating Station near Vincennes, Indiana. Once the new plant is operational, the old facilities, which include coal and oil units that have a capacity of 160-MW, would be retired.

The IGCC design employed for the plant includes coal gasification. Synthetic gas created from coal is used in a gas turbine to generate electricity. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification process offers the potential for lower cost solutions to capture and sequester CO2, which may assist in efforts to thwart global warming.

The estimated cost of the plant is roughly $2 billion, which will be offset by over $460 million in local, state and federal tax incentives.

Duke filed an application for a "Certificate of Public Convenience and Necessity" (CPCN) with the Commission to build the plant in September 2006. Duke must justify and seek approval in a separate proceeding to recover any costs above the approved $1.985 billion.

The Commission directed Duke to proceed with its plans to develop carbon capture and storage studies and to file a proceeding with the Commission to establish that process in six months.
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