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OG&E and Google Announce Contract for Three Data Centers in Oklahoma

LCG, April 30, 2026--OG&E, the operating subsidiary of OGE Energy Corp., announced today that it will power three new data centers that Google announced in Muskogee and Stillwater, Oklahoma last year. As part of the agreement, Google will also make power generation capacity available from two solar facilities in Stephens and Muskogee Counties that are currently under construction. The data centers and associated Electric Service Agreements are expected to provide economic growth for local communities and the state, contribute to grid stability, and benefit OG&E's current customers.

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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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Industry News

Senate Rejects Energy Regulation

LCG, April 15, 2002On Wednesday the U.S. Senate refused attempts to regulate the derivatives market as part of the larger, pending energy bill.

Democratic Senators Dianne Feinstein, CA, Maria Cantwell, WA, and Ron Wyden, OR, proposed the amendment, which was to allow for more transparency in otherwise secret energy trading.

The failed amendment, originally spurred by the Enron scandal, requires market players to disclose derivatives trading information in the hope that manipulation of the energy market, as well as unreasonable rate spikes, might be prevented. The three Senators believe that there is a connection between Enron and the unregulated over-the-counter energy market.

Federal Energy Regulatory Commission (FERC) Chairmen Pat Wood and several organizations within the energy industry such as the American Public Power Association, supported the amendment.

However, the opposition, headed by Republican Senator Phil Gramm of Texas, managed to squash it with the argument that Enrons failure was caused by fraud and that the proposed legislation would be detrimental to the over-the-counter derivatives market. Others in the industry suggested that trading might go offshore.

According to the Oregonian, FERC began investigating possible manipulation after an analyst notified them of a 30 percent drop in prices after Enrons December bankruptcy.

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