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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

South Korea Power Industry Privatization Approaches

LCG, Jan. 15, 2002--The state-run Korea Electric Power Corp. will begin the transfer of generating assets to private companies by mid-year, according to CBS MarketWatch.

Of its six generating companies, KEPCO is expected to sell all but one, which it will retain for the purpose of security. The five enterprises headed for private ownership make up 60 percent of South Korea's overall generation capacity. The sale of those plants, which are non-nuclear, leave KEPCO with ownership of the remaining nuclear and hydropower facilities.

The Ministry of Commerce, Industry and Energy stated that the first company to be sold will be offered through auction as well as the placement of shares on the stock exchange.

While a specific date for the sale of the remaining companies has not been given, three additional companies are to be transferred by 2005. The total assets to be privatized were assessed at 17 trillion won ($13.05 billion) as of June 30, 2001, and debts were put at 8.7 trillion won ($6.68 billion).

Competition in the power industry will be encouraged by a restriction preventing the management rights to multiple generation companies from being held by any one company or consortium.

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