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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

OTC Energy Derivatives Bill Introduced

LCG, July 12, 2002--Republicans and Democrats in the U.S. Senate have joined forces to introduce an over-the-counter energy derivatives trading bill.

Republicans Peter Fitzgerald, IL, and Richard Lugar, IN, and Democrats Dianne Feinstein, CA, Maria Cantwell, WA, and Tom Harkin, IA, introduced the bill yesterday in an effort to bring transparency to OTC energy derivatives trading.

Under this legislation, electronic exchanges would have to submit to reporting, disclosure, registration, and capital requirements. Previously online energy trading was not subject to regulatory oversight, according to the Commodity Futures Modernization Act of 2000.

Earlier this year Senator Feinstein had introduced a similar bill to increase transparency and provide oversight to OTC trades, but the bill was defeated. The new bill may see a better reception in the Senate, considering current federal trading investigations.

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