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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

The California ISO Targets February 2007 for Final Integration of Market Redesign

LCG, June 29, 2004--The California ISO Board of Governors met on June 24, 2004 and approved the updated market redesign and infrastructure upgrade program, with a scheduled completion date of February 2007. The ISO plans to address reliability and market design improvements, as well as replace aging information and technology systems with new, more reliable systems through one infrastructure upgrade program.

The market redesign, commonly referred to as MD02 (Market Design 2002), will significantly change California's electricity market. The new design is similar to those developed by the ISO's operating in the Northeast and will include locational marginal prices (LMPs), an integrated forward market (IFM) and real-time market, and congestion revenue rights (CRRs).

The system upgrades will include the settlement system and scheduling infrastructure replacement, together with other systems consolidation and integration efforts. According to the ISO, the system upgrades are to replace original systems installed in 1997, and these system upgrades would be necessary regardless of the market redesign effort. The total program costs for the market redesign and technology and infrastructure upgrades, including a $12 million contingency, are estimated by the ISO to be nearly $140 million.

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