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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

Drought Affects Output at Southeastern Power Plants

LCG, Aug. 27, 2002--Hydropower and fossil-fueled electric plants are being forced to cut their output as a drought is in its fourth year in the Southeastern U.S.

Some utilities that have been accustomed to selling excess power produced cheaply at hydropower facilities to others outside the region have cut production in order to be able to continue producing for their customers. Duke Energy and Carolina Power & Light have cut hydropower output by between 70 and 80 percent, as rivers and lakes are lower than normal by an amount equal to an entire year's rainfall.

Thermal plants running on coal, oil, natural gas or nuclear fuel are also restricted due to lower-than-average levels of cooling water. At a coal plant owned by Duke, the neighboring river is 25 feet below normal.

While hydroelectric facilities make up 1 percent of CP&L's generation portfolio, their relatively low cost means that the impact of the drought is disproportionately severe in terms of profitability.
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