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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

Ethanol Requirements are Sticking Point in Energy Legislaton

LCG, Oct. 20, 2003--A comprehensive national energy bill could be submitted for voting next week, but meanwhile, Republican House and Senate leaders are working to resolve differences that include questions on treatment of ethanol, the corn-based fuel.

A doubling in the share of ethanol as a percentage of overall fuel consumption is possible, although some legislators disagree on how much choice states should have on the amount of ethanol they might be required to purchase. Tax incentives of approximately $18 billion are a key part of the bill, which would promote new power plants, as well as research into fuels.

While Democrats have said that Republicans have generally not included them in negotiations, regional distinctions are clear on some issues among Republicans. Southern and Western representatives are less inclined go forth with de-centralizing large utilities. No consensus has emerged on where funds for upgrading strained transmission infrastructure should come from. If the bill is not completed by next week, negotiations may last through January of next year.
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