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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

Southwest Power Pool Granted Conditional RTO Status

LCG, Feb. 10, 2004--The Southwest Power Pool's application to be considered a regional transmisson organization was given conditional approval by the Federal Energy Regulatory Commission (FERC) today.

The power pool is spread through eight states in the Southern Great Plains, and first applied for recognition as an RTO two years ago. At that time, FERC's vision for large, regional markets was such that the SPP was considered too small to provide competition and a fair market environment.

The chairman of the FERC, Pat Wood III, said in a statement, "I am pleased that, at last, we have the opportunity to recognize the important role that the Southwest Power Pool plays in providing needed leadership for the power markets in the nation's heart." The approval was granted with corresponding requirements that an independent board, an independent market monitor, and clear daily control of transmission be set up.
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