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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

California PUC Critical of Power Buying Agency Request

LCG, Dec. 19, 2002--The president of the California Public Utilities Commission (CPUC), Loretta Lynch, said this week that a request by the California Department of Water Resources (CDWR) for funds from the state's major utilities could include one billion dollars of "wholly unnecessary" charges.

The CPUC, which has no authority to adjust the requested $4.5 billion based on its assessment, found that PG&E should pay the CDWR nearly $2 billion, Southern California Edison around $1.9 billion, and San Diego Gas & Electric slightly above $640 million in 2003. The transfers are to repay the state for long-term purchase agreements made on behalf of the utilities when power sellers considered the utilities to lack creditworthiness.

Lynch said she hoped the size of the request would be trimmed, based on the planned end to the state's power purchases at the start of next year, which will put the utilities back in the business of purchasing it themselves. In response, Oscar Hidalgo, a spokesman for the CDWR, noted that uncertainty lingers about whether the transition will happen smoothly, and that the request allows for reserves. "There's nothing we'd like to do more than to lower our revenue requirement if the opportunity presents itself. We're not a profit-maker. We're trying to exit this business," Hidalgo said.

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