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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 to Attempt to Prevent Utility Market Power

LCG, Apr. 14, 2004--The chairman of the Federal Energy Regulatory Commission, Pat Wood, has put in place interim rules that establish criteria that may be used to determine whether utilities have market power, and should therefore not be allowed to sell electricity at market prices.

As part of the order containing the new tests of market power, FERC is allowing American Electric Power (AEP), Entergy Corp. and Southern Co. to respond with their own findings regarding the tests the agency has devised, and their service territories. One of the tests is intended to measure whether a company is a supplier with indispensable resources to satisfy market demand at the annual peak demand. The other test works similarly, but on a seasonal, rather than annual, basis.

The results of the tests will not be considered absolute indicators of the existence of market power. Rather, companies may put forth their own tools for analysis. Additionally, companies may point to others as having market power, using their own criteria. Those utilities found to have market power will need to propose solutions for blocking the exercise of the market power. The primary method available and recognized so far is for utilities to sell electricity based on their costs.
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