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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

FERC Judge Finds El Paso Withheld Natural Gas

LCG, Sep. 23, 2002--During the period Nov. 1, 2000, to Mar. 31, 2001, El Paso Natural Gas failed to release gas supplies to California that could have been used to provide electric power, a Federal Energy Regulatory Commission judge ruled today.

The ruling by Chief Judge Curtis Wagner stated that "El Paso Pipeline withheld extremely large amounts of capacity that it could have flowed to its California delivery points and in violation of its 10-year settlement agreement, which substantially tightened the supply of natural gas at the California border significantly, broadening the basis differential."

The company's chairman, William Wise, said in a statement, "We are disappointed that today's proposed decision does not recognize the substantial record evidence supporting El Paso Natural Gas' position that the pipeline was operated properly."

The ruling reflected a change in Wagner's assessment of El Paso's role in the power market. Last fall, the judge did not find evidence that El Paso had manipulated the market. Today's ruling was based on his conclusion that extra supplies of natural gas had been available to El Paso at the time.
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