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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

Japanese Ministries Fund Efficient Turbine Technology

LCG, Oct. 6, 2003--Two ministries within the Japanese government will engage in an ambitious research effort to design new thermal generators with efficiencies of as much as 100% above current levels.

Waste heat from thermal generators that would otherwise be released into the environment is partially captured with existing combined-cycle generators, yet the thermal efficiency of such technology is typically less than 50%, in the neighborhood of 30-40%. Thus, most of the thermal energy in fuel sources such as natural gas is not converted into electricity.

The ministries that will cooperate on directing the research are the Education, Science and Technology Ministry and the Economy, Trade and Industry Ministry. Private companies will be encouraged to participate. The focus is expected to be on a new kind of variation on a nickel alloy. It is hoped that the new alloy may withstand temperatures of 1,700 C. The highest level of efficiency achieved in tests outside Japan was at a temperature of 1,500 C.

Investment in the research is expected to be 5 billion yen ($45 million) for the first four years. At the end of eight years, the ministries hope to reach thermal efficiency of 60 per cent.
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