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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

ISO-NE Capacity Auction Includes New Resources to Provide Grid Reliability in 2019-2020

LCG, February 12, 2016--ISO New England (ISO-NE) yesterday announced results from its annual capacity auction that show sufficient resources to meet electric demand in 2019-2020 at a lower price, and including over 1,400 MW of new electric generating capacity. The new capacity is needed to compensate for recently retired and retiring generators that total over 4,200 MW by 2019. The retirements include the non-carbon emitting, 680-MW Pilgrim Nuclear Power Station. ISO-NE uses the auction to procure future resources to meet forecast demand three years in the future.

The tenth Forward Capacity Market (FCM) auction (FCA #10) ended Monday. The auction results include 35,567 MW of capacity that cleared the auction to meet the 34,151 MW Installed Capacity Requirement (ICR) for 2019-2020. The cleared capacity includes 31,371 MW of generation, of which 1,459 MW is new generation; 2,746 MW of demand-side resources, of which 371 MW is new; and 1,450 MW of imports from New York and Canada.

The president and CEO of ISO New England stated, "Competition was robust in this year's Forward Capacity Auction. The high participation in the auction demonstrates the interest in the New England marketplace and bodes well for meeting future resource adequacy requirements. Developers were drawn to the New England marketplace because the price of capacity supports construction of new resources. It's important to have a capacity market that places an appropriate value on the product to maintain an adequate supply. This auction procured the resources needed to keep the lights on in New England at a price lower than last year's auction and, in fact, lower than the estimated cost of building a new power plant. More than 850 megawatts of new generating capacity cleared in the Greater Boston, Southeast Massachusetts and Rhode Island zone where the resources are needed most."

Proposed new generators that cleared the auction include: approximately 485 MW of the Burrillville Energy Center 3 in Burrillville, Rhode Island; 484 MW at Bridgeport Harbor 6 in Bridgeport, Connecticut; and 333 MW at Canal 3 in Sandwich, Massachusetts. All three energy facilities will burn natural gas as their primary fuel, with oil as their secondary fuel. Other types of new generating resources that cleared the market include 27 MW of wind and 44 MW of solar.

PSEG Power Connecticut expects to begin construction on the $550 million Bridgeport facility in 2017, with a target completion by June 2019. The new facility will be located at PSEG Power Connecticut's existing Bridgeport Harbor Station site.
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