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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

FERC's "Show Cause" Order Followed by Moves to Speed Resolution

LCG, Sept. 5, 2003--Staff of the Federal Energy Regulatory Commission have recommended that over one-third of the companies to which the agency issued "show cause" orders concerning possible manipulative market behavior in California should either settle, or that charges should be dismissed.

The proposed settlements could represent $2 million of refunds to California. Gov. Gray Davis has claimed that the state was over-charged $9 billion. Under established FERC rules, should a company not be able to justify its market behavior, it would disgorge only as much profit as could be attributed to its own actions directly, but not profits due to higher prices resulting from the actions of others.

Bryan Lee, a spokesman for FERC, stated that "Settlements are in the best interest of the public because they avoid the cost of litigation before the commission and, potentially, before the courts." In addition to the recommended settlements, 17 cases are being recommended for dismissal, with 43 remaining to be heard by a FERC administrative law judge.
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