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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

NRC Issues Licenses to Duke for Two New Nuclear Reactors in South Carolina

LCG, December 23, 2016--The Nuclear Regulatory Commission (NRC) announced its issuance on Monday of two Combined Licenses (COL) for Duke Energy Carolinas' William States Lee III site in South Carolina. The licenses authorize Duke to construct and operate two AP1000 reactors at the site, near Gaffney, South Carolina.

In October 2005, Duke announced its plans to develop and submit an application to build the two reactors. Over nine years ago from today, Duke submitted the Lee application on December 12, 2007 to the NRC. In February 2008, Duke received notification from the NRC that the COL application was accepted and docketed. However, in October 2014, the NRC stated that it would not make a decision on the COL application until 2016 due to federal budget cuts and Duke's decision late in 2012 to change the location of the reactors by approximately 66 feet.

The NRC certified the 1,100-MW AP1000 design in 2011.

The NRC's Advisory Committee on Reactor Safeguards independently reviewed aspects of the application that concern safety, as well as the staff's final safety evaluation report. The committee provided the results of its review to the Commission just over a year ago on December 14, 2015. The NRC completed its environmental review and issued the final impact statement for the proposed William States Lee reactors three years ago in December 2013.

The new licenses contain conditions, including: specific actions associated with the NRC's post-Fukushima requirements for Mitigation Strategies and Spent Fuel Pool Instrumentation, and a pre-startup schedule for post-Fukushima aspects of the new reactor's emergency preparedness plans and procedures.

Duke has not made a final decision to build the Lee Nuclear Station. With an ever-changing regulations and low natural gas prices over the past few years, the COL provides an option to construct the reactors to meet the future needs of Duke's customers.

Duke's proposal is relatively unique for the United States in that Duke plans to build the reactors at a greenfield site, rather than to add capacity at an existing nuclear power station.
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