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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

Oregon PUC Cuts Electricity Rates by $312 Million

LCG, October 31, 2002-Yesterday the Oregon Public Utilities Commission mandated that Portland General Electric lower its retail electricity rates by 12 percent.

While PGE had asked for a 10 percent rate decrease, the OPUC ruled that the utility had entered into some less than optimum contracts and should not be allowed to recover $25.2 million.

A combined total of 125 megwatts of peak capacity was bought at an average price of $85 per megawatt-hour, amounting to $14.65 million. Hydroelectric generation costs, as well as unplanned plant outages and plant depreciation, were also added into the retail rate determination.

PGE officials say the rate decrease will have a significant financial effect and contend that all contracts it made were prudent and necessary in order to maintain available supply.

PGE, a unit of Enron Corp., serves 730,000 customers in the Portland area.

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