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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

SMUD's Control Area Departs ISO

LCG, June 20, 2002--Early this week, the Sacramento Municipal Utility District took over operation of its own control area from the California Independent System Operator, partly to insulate itself from what SMUD's board President Genevieve Shiroma called "market-driven blackouts".

The move will not change rates for customers within SMUD, but it will mean SMUD will make all minute-to-minute balancing decisions to keep demand and supply of power in equilibrium. As such, the utility district will no longer pay grid-management charges to the ISO. Jim Tracy, director of SMUD's planning and budget, told the Sacramento Bee that, depending on the direction of ISO's charges, SMUD might save $2 to $30 million yearly, starting in 2003.

SMUD will not be subject to ISO-instigated rolling blackouts, although if there is a chance that the ISO grid could collapse due to equipment failure, SMUD would be prepared to act as needed. In situations in which generators do not generate within the ISO control areas for fear of not being paid, SMUD would have no obligation to the ISO.

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