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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

Timing of Mass. Electric Refunds in Dispute

LCG, Feb. 6, 2002--Massachusetts Electric and the state of Massachusetts' Department of Telecommunications and Energy are in disagreement over the terms under which the utility will provide 1.3 million customers with a refund resulting from outages last summer.

In October, Mass. Electric submitted documents that would have put off any refund until 2009, because of its high performance in 2000. According to Mass. Electric, the DTE had imposed rules concerning refunds owed for performance reasons retroactively. Its filing would reduce the amount of refunds due by $3.7 million for a "service quality" plan that was part of a merger between the utility and Eastern Edison.

The DTE has resisted the idea that the refund be affected by prior performance. Attorney General Thomas F. Reilly and the state Division of Energy Resources have said that the October filing, if approved, would provide an incentive to improve performance, however. Reilly has sought $22.5 million in immediate penalties from NStar Electric, which has said that the rules have been implemented retroactively back to 1999. The state's performance-based rates were put in place in the summer of 2001.A spokeswoman for Reilly, Sarah Nathan, said the NStar fine was based on "a clear difference in the performance levels of the two companies. The consumers that we've received complaints from a re all NStar customers."

Legal filings relating to Mass. Electric are expected to be completed by Feb. 18. Mass. Electric's senior vice president of distribution finance, Robert H. McLaren, foresees a DTE ruling on the matter within two months.
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