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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

Casino Joins Others Allowed to Exit Utility

LCG, June 2, 2003--The Nevada Public Utilities Commission allowed the Palms casino last Thursday to purchase power from a supplier other than the Nevada Power Co. utility, based in part on a determination that other customers would receive a net benefit from the exit.

The Palms is one of twelve large customers, all but two of which are casinos, that have received permission to leave the utility. Half of them later determined that they would remain customers of Nevada Power Co., while Imperial Palace and the Riviera are being allowed until June 9 to decide to opt out, or must give up the option of exiting. They wished to have a final determination in the case rather than more hearings at the request of Nevada Power, so that any negotiations they engaged in with a possible supplier would not have uncertainty hanging over them.

The Attorney General's Bureau of Consumer Protection was not allowed reconsideration in the matter of Imperial Palace and the Riviera, but had contended that Nevada Power's overall loss of generation sales might impact it more than would a lesser need for expensive power purchases, causing its customers costs to rise. This possibility would arise only if power prices were to drop, the Nevada Energy Buyers Network countered. The PUC will later carry out a calculation to determine what if any exit fee should be charged to Palms, after the casino chooses a date on which to leave the utility.
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