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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

California PUC Issues Proposed Decision on Energy Storage Systems

LCG, September 5, 2013--California Public Utility Commissioner Carla Peterman issued a proposed decision earlier this week that establishes the policies and mechanisms for procurement of electric energy storage pursuant to Assembly Bill 2514, which was signed by then California Governor Arnold Schwarzenegger nearly three years ago.

The proposed decision establishes a target of 1,325 MW of energy storage to be procured by Pacific Gas and Electric Company (PG&E), Southern California Edison Company (SCE) and San Diego Gas & Electric Company (SDG&E) by 2020 and sets a schedule for solicitation of energy storage. The decision directs these utilities to file separate applications containing a proposal for their first energy storage solicitation by January 1, 2014.

In addition to placing requirements on California's investor owned utilities (IOUs), the decision further directs community choice aggregators to procure energy storage equal to one percent of their annual peak load by 2020 and that electric service providers procure energy storage equal to one percent of their annual peak load by 2016.

The objectives for energy storage development were stated in Assembly Bill 2514 as follows, "Energy storage has the potential to transform how the California electric system is conceived, designed, and operated. In so doing, energy storage has the potential to offer services needed as California seeks to maximize the value of its generation and transmission investments: optimizing the grid to avoid or defer investments in new fossil-power plants, integrating renewable power, and minimizing greenhouse emissions."

The outlook for pumped storage projects is somewhat constrained by the proposed decision. Findings of fact included: (i) that the majority of pumped storage projects are 500 MW or over, (ii) that a single pumped storage project could account for the entire procurement target within a utility territory, and (iii) the sheer size of a large-scale pumped storage project would dwarf other smaller, emerging technologies and could inhibit the fulfillment of market transformation goals.

With respect to conclusions of law, the decision states that it is reasonable to exclude pumped storage projects 50 MW and over from participating in the Energy Storage Procurement Framework and Design Program.
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