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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

PG&E is Running Out of (Natural) Gas

LCG, Feb. 7, 2001Pacific Gas & Electric Co. warned yesterday that its already tight natural gas supplies would be further cut by 10 percent today after expiration of an emergency federal order for gas suppliers to sell the commodity to the cash-strapped utility.

J. Aron & Co., the commodities division of Goldman Sachs, is PG&E's larges natural gas supplier, accounting for about 9 percent of the company's needs. Western Gas Resources of Denver supplies almost another 1 percent. Both companies said they would cease filling orders from PG&E unless they were paid in advance.

A PG&E spokesman said yesterday afternoon "We've received confirmation from two of our suppliers, one our single largest supplier, that they will stop delivery at midnight tonight." He said that five gas suppliers have confirmed that they will continue sales to the utility and another 20 or more suppliers have not yet given an indication.

PG&E will have to dip into its reserves, the spokesman said, but pointed out that the company has only about a week's supply of natural gas in storage. The utility serves some 3.8 million gas customers in Northern California.

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