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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

Reliant Pays $50 Million to Conclude Manipulation Investigation

LCG, Oct. 3, 2003--A settlement announced Thursday that ends investigation of alleged power market manipulation by Reliant Resources is an example that should be followed by other companies, Pat Wood III, chairman of the Federal Energy Regulatory Commission, stated.

Charges had been raised by FERC that subsidiaries of Reliant Resources withheld power from the market and placed manipulative bids to force prices upward. The agency released a transcript on its website earlier in the year in which traders talked about keeping capacity offline.

The settlement includes $25 million in civil penalties, and possibly the same amount again from revenues from electricity auctions. Reliant Resources agreed to pay nearly $14 million to customers of California's defunct Power Exchange over similar charges last winter, when FERC also discussed stripping it of trading privileges.

Three power trades that had received scrutiny, including one with BP Energy at Arizona's Palo Verde trading hub, will no longer be the subject of inquiries. Gov. Davis, repeating earlier dismissals of such settlements, said "Reliant ripped California ratepayers off for billions of dollars and FERC slaps them on the wrist."
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