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OG&E and Google Announce Contract for Three Data Centers in Oklahoma

LCG, April 30, 2026--OG&E, the operating subsidiary of OGE Energy Corp., announced today that it will power three new data centers that Google announced in Muskogee and Stillwater, Oklahoma last year. As part of the agreement, Google will also make power generation capacity available from two solar facilities in Stephens and Muskogee Counties that are currently under construction. The data centers and associated Electric Service Agreements are expected to provide economic growth for local communities and the state, contribute to grid stability, and benefit OG&E's current customers.

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Graphic Packaging and NextEra Energy Resources Sign 250-MW Virtual Power Purchase Agreement

LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.

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Industry News

Japanese Ministry Supports Retail Deregulation of Power

LCG, Apr. 4, 2002--Japan's Ministry of Economy, Trade and Industry today heard from an advisory panel that "full liberalization" of electric power markets was a goal that should be gradually implemented and embraced by regional utilities, beginning with granting all retail customers the ability to choose a supplier.

The ministry, or METI, also made clear that unbundling of generation and transmission was not desirable for reasons of reliability, a stance that received approval from power industry representatives. Deregulation in North American and the European Union has been strongly linked to unbundling of services once provided almost entirely by vertically integrated utilities. Nonetheless, the president of Tokyo Electric Power Co., Nobuya Minami, said of the Federation of Electric Power Companies that its members "would like to discuss positively toward (the realization of) full liberalization."

The creation of a marketplace for wholesale power trading open to both traditional utilities and independent power producers, and intended to broaden diversity of power sources and increase efficiency, is an area that will be discussed by the panel during regular meetings. There was reported to be no consensus as to whether there should be an obligatory power pooling system or two-way trading.

While industrial and commercial users representing about 30% of power demand have been allowed to shop for a new supplier since March 2000, only 0.46% of such retail sales that could potentially be taking place through a new supplier are being realized. New competitors providing power pay significant fees to utilities for transmission and power reserves.
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