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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

Bonneville Halts Surplus Offer to Avoid Legal Trouble

LCG, March 18, 2003-The Bonneville Power Administration has decided to stop its daily surplus capacity offer because of lawsuit fears.

BPA used to post a surplus electricity offer on a nearly daily basis in order that specified customers might buy power.

After a complaint from an unidentified customer, who had been instructing his own traders and found that the posting had not been made on a particular day, BPA reevaluated its daily surplus offer. The amount of power being offered can change significantly between the posting and the time of delivery. In addition, the posting is not intended to affect traders' actions, despite the trader's complaint.

While the posting is not made as a market indicator, the company is worried that someone might take advantage of the current legal climate and accuse BPA of market manipulation. Market players nationwide have been cutting back on the electricity price information they release as more and more market manipulation allegations are put forth.

In the past few months several companies were accused of providing false data to market publications for the express purpose of manipulating prices.

Meanwhile, recent downpours have increased BPA hydroelectric capacity from its Columbia River basin dams, and its daily surplus offer has increased sharply.

Apparently some traders use the daily offer as one gauge of the frequency and volume of electricity sales.

This use, combined with the market climate, has made BPA worried enough to halt its surplus offer completely.

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