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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

EIA Issues Summary of Planned Power Generation Retirements for 2025

LCG, February 25, 2025--The EIA today issued an analysis of planned utility-scale power generation retirements in 2025. Total retirements for the U.S. are estimated to be 12.3 GW, a significant increase relative to 2024, when 7.5 GW of capacity was retired.

In 2025, planned coal-fired electric generation capacity retirements total 8.1 GW, which accounts for two-thirds of planned retirements (66%), followed by natural gas-fired (21%) and petroleum-fired (13%) facilities.

The largest planned coal plant retirement for 2025 is the 1,800-MW Intermountain Power Project (IPP) in Utah, where an 840-MW natural gas (and hydrogen) fueled combined-cycle power block is planned to commence operations this summer. Two other planned large coal plant retirements are J H Campbell (1,331 MW) in Michigan and Brandon Shores (1,273 MW) in Maryland.

Natural gas-fired planned unit retirements in 2025 are primarily simple-cycle turbine units, which have a low efficiency. In addition, old, inefficient steam units, like V H Braunig Units 1, 2, and 3 (859 MW) in Texas and Eddystone Units 3 and 4 (760 MW) in Pennsylvania, are planned for retirement in 2025.

Looking into the future, planned retirements are not necessarily a given. For example, Georgia Power, a Southern Company subsidiary, recently filed its 2025 Integrated Resource Plan (IRP) with the Georgia Public Service Commission (PSC). To maintain reliable and economical electric service, Georgia Power stated it must continue to invest in its foundational resources, which includes continuing the operation of coal-fired Plant Bowen Units 1-4, and extending the operation of approximately 1,100 MW at Plants Scherer (coal-fired) and Gaston (natural gas-fired) beyond the previous target of December 31, 2028 to 2034 or later.

The uncertainty in unit retirements has increased in part due to the election results and the new Administration, which has goals to demonstrate national energy dominance, reduce regulatory hurdles and accelerate growth in the U.S. economy (which would increase the demand for electricity). Furthermore, the new Administration supports the development and production of fossil fuels and may reduce support to renewable power.
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