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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

ERCOT Releases Seasonal Assessment of Resource Adequacy for Spring

LCG, March 3, 2016--The Electric Reliability Council of Texas (ERCOT) on Tuesday released its Seasonal Assessment of Resource Adequacy (SARA). ERCOT expects the region will have sufficient installed generating capacity to serve forecast peak demands with expected generation outages in the upcoming spring season (March - May 2016).

This SARA report is ERCOT's latest spring 2016 peak forecast that incorporates expected weather conditions, which are similar to those that occurred in May 2006, a hotter-than-normal month. The report includes a unit outage forecast of 9,482 MW based on historical outage data since the start of the Texas Nodal Market in 2010. The forecast assumes the high likelihood that the spring peak will occur in May, after completion of most scheduled seasonal maintenance.

The SARA report calculates the spring peak solar unit capacity consistent with the methodology to be applied once operational solar capacity registered with ERCOT reaches the 200 MW threshold as specified in ERCOT Nodal Protocol Section 3.2.6.2.2. The spring peak solar capacity contribution percentage is 58%, which is based on three years of historical spring solar production data. The previous capacity contribution percentage of 100% was significantly higher. The impact of this change is to reduce total available installed and planned solar capacity from 295 MW to 171 MW.

ERCOT stated that it does not anticipate changes to available generation capacity for the spring season due to compliance with environmental regulations. The final compliance date for the Mercury and Air Toxics Standards (MATS) for coal units with compliance extensions is April 15, 2016. Confidential survey information gathered in December 2015 indicated that coal generators are expected to be compliant with MATS by the compliance date. ERCOT continues to monitor implementation and consults with generation resource owners on their compliance plans for MATS and other environmental regulations.
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