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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

Progress Energy Moves Ahead with Nuclear Reactors in North Carolina

LCG, February 20, 2008--Progress Energy Carolinas (Progress) yesterday announced that it will file later that day a combined construction and operating license (COL) application with the Nuclear Regulatory Commission (NRC) to construct two more nuclear reactors at the existing Harris Nuclear Plant site in North Carolina.

By obtaining the COL, Progress would have the option to construct the nuclear reactors that would provide baseload, power generation without emitting greenhouse gases. If Progress decides to construct the new facilities, the new plant would commence operations in 2018 at the earliest.

In January 2006 Progress announced it had selected Westinghouse to supply the reactors for the expansion at Harris Nuclear Plant in the Carolinas. Progress Florida announced in July 2006 that it had selected Westinghouse for proposed new reactors in Florida that would be constructed near its existing Crystal River Energy Complex. Progress Florida plans to file a needs case with the Florida Public Service Commission in early 2008. With timely regulatory approvals, Progress estimates that the new reactors in Florida could commence operations by 2016 to 2017.

The Westinghouse reactor is the AP1000, an 1,100 MW reactor design that incorporates passive safety features that rely upon natural forces. The NRC approved the Design Certification for the AP1000 standard nuclear plant design on December 30, 2005.

The AP1000 has been selected other companies, including: Southern Company, Duke, SCANA and Santee Cooper as the basis for additional COL applications to construct new nuclear reactors. Last December Duke submitted a COL application to the NRC for the William States Lee III Nuclear Station, which would be built at a greenfield site in South Carolina. Duke's COL application relies upon the COL application submitted October 31, 2007 to the NRC by the Tennessee Valley Authority (TVA) and NuStart Energy, a consortium of nuclear energy companies, to build two nuclear reactors at TVA's Bellefonte site in northern Alabama.
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