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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

Attorney General Asks Regulators to Cut Con Edison Rates

LCG, Aug. 25, 2000--New York State Attorney General Eliot Spitzer said at a news conference yesterday that he had asked the state Public Service Commission to "immediately" return the electricity rates of Consolidated Edison Co. of New York to last years levels.

Yesterday morning, Spitzer said he had "filed an action" against Con Edison and would announce the details at a news conference in the afternoon. Those were the details.

"Last summer was one of the hottest on record, this summer is one of the coolest, yet Con Ed's bills are up by 30 percent and more," the states top cop complained. He said the "action" he had filed was a petition asking regulators to roll back the rates while it was acting on an earlier request he made to deny the utility authority to pass changes in its purchased power costs through to ratepayers.

If the commission doesnt act on his request, he said, he will ask the legislature to remove the regulators authority to deregulate the electric industry. "They will react quickly," he predicted, adding he expects a reply within a week.

He got a reply within minutes. PSC Chairwoman Maureen Helmer, in a statement released later in the afternoon, accused the attorney general of "political grandstanding" and noted that Spitzer "is already a party to the PSC's ongoing discussions examining Con Ed's rates and seeking additional money for the ratepayers."

" It would be nonsensical for us to address his petition prior to the conclusion of the current proceeding to which he is already a party," she said.

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