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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

New Coal-fired Power Plant Announced for Oklahoma

LCG, July 20, 2006--A group of electric utilities Tuesday announced plans to build a new, 950-MW electric generating plant in north-central Oklahoma. The project will be a joint venture of American Electric Power-Public Service Company of Oklahoma (AEP), Oklahoma Gas & Electric Company (OG&E) and the Oklahoma Municipal Power Authority (OMPA). The estimated cost of the new facility is $1.8 billion.

The new electric generating unit will be located adjacent to OG&E's existing coal-fired Sooner Power Plant near Red Rock, Oklahoma. The single new unit will be used to meet the growing demands for electricity in Oklahoma. The percentage ownership of the plant for AEP, OG&E and OMPA will be 50 percent, 42 percent and 8 percent, respectively. The new unit will be operated by OG&E and will burn low-sulfur coal from the Powder River Basin in Wyoming.

The utilities are pursuing the joint venture to reduce costs through economies of scale and through building a single unit. The project is contingent upon successful contract negotiations and regulatory approvals, including from the Oklahoma Corporation Commission. According to OG&E, the project will be the first to use provisions of Oklahoma House Bill 1910 - which was signed into law last year - that allows utilities to seek pre-approval of such projects before taking on the burden of such a large expense.

Project construction could start in 2007, and operations are scheduled to commence by the summer of 2011.
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