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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

Florida PSC Approves Cost Recovery for New Nuclear Reactors

LCG, October 25, 2011--The Florida Public Service Commission (PSC) yesterday approved cost recovery for construction of nuclear reactors and additions to existing nuclear plants for Progress Energy Florida (PEF) and Florida Power & Light Company (FPL). The PSC approval of over $280 million provides for the utilities to begin recovering some nuclear project costs during the lengthy construction process in order to reduce financing costs.

For PEF, the PSC approved $85,951,036 cost recovery associated with construction of Levy Units 1 and 2, two, 1,100-MW nuclear reactors, plus capacity increases at its existing nuclear facility at Crystal River. When completed, these projects will add approximately 2,380 MW of new nuclear base load generation to PEF's system. The PSC states that the decision will saves PEF customers $500,000 in Project Management Costs for adding capacity to Crystal River Unit 3. The decision incorporates a stipulation that resolves whether PEF prudently managed its Unit 3 uprate license agreement.

The PSC approved $196,088,824 of cost recovery for FPL associated with (i) construction of Turkey Point Units 6 and 7 and (ii) adding capacity to existing Turkey Point Units 3 and 4 and St. Lucie Units 1 and 2. In total, FPL's projects will add over 2,600 MW of nuclear capacity. When combined with the PEF projects, Florida will gain about 5,000 MW of carbon-free, nuclear power when these plants commence commercial operations.
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