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DOE Announces Site Selection for Energy Infrastructure and AI Data Centers on Federal Lands

LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.

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Enbridge Announces 600-MW Solar Project in Texas to Power Meta Data Center Operations

LCG, July 22, 2025--Enbridge Inc. (Enbridge) today announced that it has reached a final investment decision on the Clear Fork solar project located near San Antonio, Texas. Meta Platforms, Inc. (Meta), has signed a long-term contract for all of the renewable power generated from the 600-MW project.

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Industry News

Proposed OTC Market Regulation Garners Mixed Opinions

LCG, April 8, 2002-Senator Dianne Feinstein's proposal for a transparent over-the-counter derivatives market is feared by some to lead to a more ambiguous and secretive energy market.

California's Democratic Senator Feinstein has attempted to require price disclosure and capitalization requirements for market players who participate in over-the-counter (OTC) markets. OTC participants trade outside regulated exchanges. The energy bill which includes this amendment will be debated in Congress today.

Energy consultants and analysts, such as Peter Fusaro from Global Change Associates, insist that transparency legislation will just result in such markets moving offshore. Spokesmen from Dynegy and IntercontinentalExchange also oppose the legislation, insisting that the government officials do not properly understand the market.

Legislators charge that the opaque OTC market was manipulated to affect power prices last year, and many analysts and economists assert that this legislation could prevent what happened to Enron.

Economist Randall Dodd, previously of the CFTC, said "If Enron (Online) had been properly capitalized and collateralized I think Enron as a derivatives dealer would have survived - and that was the most profitable part of their business"
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