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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

BPA Hopes to Avoid Rate Increase

LCG, Dec. 18, 2002--Faced with continued dry hydro conditions, the Bonneville Power Administration's management officials have said that rate increases may be necessary to prevent further deterioration in its financial reserves.

The agency says that while it had hoped to file for rate decreases, those plans are prevented by a shortfall of $1.2 billion forecast through 2006. The economy of the U.S. Northwest has already been adversely affected by rate increases, which increased what users pay by 53 percent in some cases. Adjustment of rates from their peak has left rates approximately 44 percent above their levels prior to the Western energy crisis of 2000-2001.

The level of BPA's cash reserves has dropped, as it spends more than expected to make up for the power not coming from government dams. Cash reserves now stand at $160 million, whereas the normal level would be about $900 million. $800 million worth of depletion has taken place in two years.

Although overall rates are roughly in line with rates around the country, about $30 per megawatt-hour, industries including chemicals, pulp and paper may again have to budget more for power.
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