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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

Aquila Rating Hovers Around Junk

LCG, Sep. 4, 2002--The revenue earned by Aquila from regulated operations may not be high enough to enable it to meet its obligations, make capital expenditures, and issue dividends, according to Moody's Investors Service.

While Moody's downgraded the energy company's debt to junk, Standard & Poor's issued a rating of "BBB-minus," a lower investment grade than the previous "BBB" rating. As a result of the negative outlook, Aquila has had to pay $192 million earlier than it might have otherwise. It has tried to raise capital by selling $1 billion of assets, and had earlier cut its dividend by 42%.

The company president and chief executive, Robert K. Green, said, "We've been preparing to conduct business operations under this possible scenario and will continue to deliver safe, reliable and economical energy to our customers." Aquila, formerly Utilicorp United, is based in Kansas City, Mo.
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