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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

Kentucky Power Withdraws Request to Retrofit Big Sandy

LCG, May 31, 2012--American Electric Power's subsidiary, Kentucky Power, asked to withdraw its request to invest $940 million in environmental controls on its coal-fired Big Sandy power plant. The Kentucky Public Service Commission was already scheduled to issue its decision to permit the controls by Monday.

Kentucky Power, like other owners of coal-fired power plants, is evaluating costly compliance options in response to growing federal regulations, such as the utility mercury and air toxics standards (MATS), driven by the United States Environmental Protection Agency (EPA). Uncertainty on near-term emission control project costs, plus future incremental costs to comply with new regulations that may arise, makes it more and more attractive to retire coal-fired plants and invest in new plants fueled with low-cost natural gas.

The Big Sandy plant was commissioned in 1963 and includes two units with a combined electric generating capacity of 1,078 MW. In March, Kentucky Power requested to install a scrubber on the 800-MW unit to reduce emissions and to retire the smaller, 278-MW unit. Kentucky Power stated the reason to withdraw the request was "the ever-changing energy landscape" and that alternative power supplies could be purchased to replace the energy that would otherwise be generated from Big Sandy. Big Sandy is expected to continue operations prior to the EPA compliance deadlines, which will arrive in the next couple years.

According to the PSC, the investment in emission controls for Big Sandy was estimated to have raised a residential customer's monthly electric bill by about $31, or 30 percent, beginning in 2016.
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