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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

California Governor Schwarzenegger Approves Global Warming Legislation

LCG, September 28, 2006--California Governor Arnold Schwarzenegger yesterday approved Assembly Bill 32, or the "Global Warming Solutions Act of 2006." The legislation includes a statewide cap on greenhouse gas (GHG) emissions from electric utilities, refineries, and other selected industries. The goal is to reduce GHG emissions 25% by 2020 in order to alleviate concerns of global warming that may be caused by such emissions.

The legislation is scheduled to be implemented in 2012. The California Air Resources Board will be responsible for developing the regulations, including an as-yet-to-be defined trading system, plus a mandatory reporting system to track emissions from the many sources.

The bill would allow for the governor to defer the cap deadline for one year in the event of extraordinary circumstances.

Related legislation awaiting the Governor's action is Senate Bill
1368, which is designed to prevent California utilities from executing long-term power purchase agreements for electricity from facilities that do not meet California's GHG standards.
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