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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

Minnesota Nuclear Plant Relicensing in Doubt

LCG, Mar. 12, 2003--The Prairie Island nuclear plant owned by utility Xcel Energy Inc. may have a chance to continue operating beyond 2007 if a bill now circulating in the Minnesota legislature allows storage of nuclear waste at the plant site to be increased.

The bill is not seen as having strong support at present, but would be essential if the Prairie Island plant is to avoid being decommissioned. On-site storage limits are a condition of receving a license, and present increases in storage needs would lead to the limit being reached in 2007, according to XCel. Xcel had planned to replace a steam turbine at Unit 1 in 2004, but will not proceed without assurances that the 1,100-megawatt plant has a future.

Were Prairie Island to be forced to shut down, Xcel has talked to two power suppliers about alternative means of obtaining energy. Thus far, it has revealed it could sign a contract with Calpine for output from two plants of roughly 550 megawatts each, one gas-fired and the other coal-fired. The current uncertainty over storage adequacy increased following the denial of a license to a private company wishing to store waste on a Native American reservation in Utah.
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