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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

Florida PSC Approves Cost Recovery for FPL's Nuclear Investments

LCG, October 4, 2013--The Florida Public Service Commission (PSC) announced Tuesday that it approved recovery of $43.4 million for construction of planned nuclear generation and improvements to existing nuclear units for Florida Power & Light Company (FPL), effective January 2014.

The cost recovery includes costs for construction investments in FPL's planned Turkey Point Units 6 & 7 and for upgrades that added generation capacity to existing Turkey Point Units 3 & 4 and St. Lucie Units 1 & 2. In total, these nuclear projects are expected to add over 2,700 MW of new, non-carbon emitting base-load power generating capacity to FPL?s system. The design for the proposed new reactors is the Westinghouse AP1000, which has a generating capacity of approximately 1,117 MW per reactor.

In August 2007, FPL announced plans to add the two nuclear reactors at the Turkey Point facility south of Miami, and FPL filed its plans with the PSC to construct the reactors in October of that year. In March 2008, the PSC approved FPL's petition for a determination of need to build the reactors. The filing was the initial step toward receiving approval from the State to build Units 6 and 7, which at the time were scheduled to commence operations in 2018 and 2020.

At this time, FPL has not yet decided to build the new reactors, and the operational date has been deferred until approximately 2022 and 2023.
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