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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

Hope Creek, Palo Verde 3 Complete Speedy Refuelings

LCG, Nov. 6, 2001--The 1,031 megawatt Hope Creek nuclear power plant operated by PSEG Nuclear near Wilmington, Del., was ramping up to full power following a 24-day refueling outage, the shortest in the plant's 15-year history, Public Service Enterprise Group said yesterday.

Also yesterday, Arizona Public Service Co.'s 1,270 megawatt Palo Verde Unit 3 reactor rejoined the grid following a 37-day refueling outage, which was one of the shortest ever for Unit 3, but no record.

Both companies stressed that high standards of safety were achieved during the outages. This reflects a change in the nuclear culture of U.S. utilities which has resulted in record-breaking performance from the nation's atomic power plants in the last two or three years.

Industry-wide, the capacity factor of nuclear generation has pushed above 90 percent, surpassing that for any other form of generation. In 1999, the cost of electricity produced in nuclear power plants was 1.83 cents per kilowatt-hour, the lowest of any form of generation.

Harry Keiser, chief nuclear officer of PSEG and president of PSEG Nuclear, was pleased with the short duration of the Hope Creek refueling outage, but said the "real indicator" of the company's nuclear operations "is our stellar safety performance." He said that performance should "reinforce to the local community that nuclear safety and the health and safety of the public remains our top priority."

The high capacity factor of the nuclear power industry is the result of carefully planned refueling outages, during which much of a plant's maintenance is accomplished, according to Gregg Overbeck, senior vice president of nuclear operations for APS, which operates Palo Verde. "Our steady, consistent operations between refueling outages depend on executing large amounts of quality work during very aggressive refueling schedules," he said.

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