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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

El Paso Says No "Round-Trip" Trades

LCG, May 20, 2002-Energy trader El Paso denied using the "round-trip" Enron memo trading strategy.

When memos were released relating Enron to electricity trading strategies designed to manipulate the California market, the Federal Energy Regulatory Commission ordered over a hundred energy companies to state whether they participated in any of twelve strategies.

Today El Paso Corporation, a natural gas pipeline and energy trading company, said that it did not participate in the "round-trip" trades, which involve selling electricity and then buying it back at the same price with the intent of increasing trading volumes.

Meanwhile corporations such as CMS Energy are facing multiple shareholder lawsuits after admitting to such trading practices. Reliant Resources also admitted to using "round-trip" trading, and Dynegy Inc. is under investigation by the Securities and Exchange Commission.

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