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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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PJM Announces More Than 800 New Generation Projects Seek to Connect the Grid

LCG, April 29, 2026--PJM Interconnection today announced that 811 new generation projects applied to connect to the grid through the first Cycle of PJM's new reformed interconnection process, which is designed to improve the certainty, speed and discipline of generation project review. In total, the generation applications would be capable of generating 220 GW of electricity.

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Industry News

Wisconsin Okays More Dry Storage for Point Beach Nuke

LCG, March 14, 2001--The Public Service Commission of Wisconsin voted 3-0 yesterday to approve a request by Wisconsin Electric Co. to build and load additional dry storage containers for used fuel at the company's Point Beach nuclear power plant.

The additional storage will provide enough capacity to allow the plant's two 525 megawatt reactors to continue operating through the expiration of their licenses in 2010 and 2013.

Wisconsin Energy Corp., parent holding company for the utility, pointed out that the U.S. Department of Energy has failed to comply with federal law that requires it to remove the used fuel from Point Beach and other reactor sites, and to dispose of it in a geologic repository. The government's inaction forced the company to resort to dry storage.

In its approval, the commission noted that all conclusions support the company's contention that shutting down the plant would be substantially more expensive than continued operation.

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