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XGS Energy and Meta Announce Agreement on Advanced Geothermal Project in New Mexico

LCG, June 13, 2025--XGS Energy, Inc. (XGS) and Meta Platforms, Inc (Meta) yesterday announced an agreement to support the development of a next-generation, geothermal energy project that will provide clean power to Meta’s data centers in New Mexico.

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AES Announces Construction Complete on 1,000-MW, Solar-Plus-Storage Project in California

LCG, June 11, 2025--The AES Corporation (AES) announced today that it has completed construction of the 1,000 MW Bellefield 1 project, which is under a 15-year contract with Amazon. Bellefield is a two-phase project, with each phase including 500 MW of solar plus 500 MW of a four-hour, battery energy storage system (BESS). When Phase II is completed in 2026, the total installed capacity will be 2,000 MW, and AES expects the total project will be the largest solar-plus-storage facility in the United States.

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Industry News

State Study Shows Sufficient Power for Next Summer

LCG, Nov. 21.2000--The California Energy Commission said the state should have enough power to meet its electricity demand next summer, unless the state experiences extraordinarily hot weather, according to a study it released yesterday. Pass the grain of salt, please.

"With new resources coming on-line and new conservation measures taking effect, next summer looks better than expected, if we manage our resources properly," said Steve Larson, executive director of the commission.

That view was not unanimous. "I would characterize their report as very, very, very, very optimistic," said Kellan Fluckiger, chief operating officer of the California Independent System Operator. "I hope this report doesn't detract one iota from the urgency for supply generation and transmission capacity additions."

The Energy Commission is in charge of additions to the generation supply, as the authority that grants site permits for new power plants in California.

According to the commission's study, peak demand next summer under "most likely" temperature conditions will be 47,266 megawatts (not 47,265 or 46,270). Add in a 7 percent reserve margin, and the commission says it will need a minimum of 50,303 megawatts. But it claims it can put its hands on 52,500 megawatts, so all's well.

If it's warmer than normal, there will still be enough power, but if it is super-hot, a one year in 10 likelihood, then the state will fall short.

Yesterday, the Cal-ISO had trouble putting its hands on 33,000 megawatts and declared a stage two power emergency.

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