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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

NYMEX to Introduce PJM Futures contracts

LCG, Feb. 21, 2003--Incentives in the form of up to $200,000 in reimbursement of costs will be offered by the New York Mercantile Exchange (NYMEX) to induce floor brokers to trade Pennsylvania-New Jersey-Maryland (PJM) electricity futures contracts.

The futures are to be traded shortly, and will take the form of monthly, weekly, and daily contracts for PJM's western hub. As many as 100 two-year permits will be made available to brokers. As long as the brokers meet certain volume requirements, they can be reimbursed for salary and benefits of floor brokers, telephone and other such costs.

The president of the NYMEX, J. Robert Collins, stated, "This is yet another example of the Exchange's innovative approach to expanding its participant base and establishing liquidity in new markets. It provides an excellent opportunity to become involved in the early stages of a contract that we anticipate will be as successful as our other major energy markets."

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