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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

CFTC Apparently Considering Market Abuse Charges

LCG, Feb. 14, 2003--Cooperation between the Commodity Futures Trading Commission (CFTC), federal prosecutors, and the Federal Bureau of Investigation seems the likely result of a Wednesday meeting of over forty participants organized by the CFTC, which could signal aggressive pursuit of energy market abuse charges.

The CFTC's expertise in commodities markets and oversight of futures exchanges, coupled with the criminal indictment powers of U.S. Attorney offices across the country, may be wielded against traders believed to have submitted false trades to publishers of price indexes. "It's an unprecedented kind of meeting in my experience," Michael Greenberger, a former director of the Commodity Futures Trading Commissions's trading and market division, told Dow Jones. "This meeting smacks of this being taken very seriously."

To date, two sets of charges have been brought by U.S. Attorney's offices, one against Todd Geiger for gas trades he reported in November 2001, and another against former Dynegy trader Michelle Valencia, for reporting in late 2000 and early 2001. In addition to alleged attempts to manipulate energy prices through fabricated price reporting, such strategies as round-trip energy trades could be prosecuted.
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