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News
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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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LCG, April 29, 2026--PJM Interconnection today announced that 811 new generation projects applied to connect to the grid through the first Cycle of PJM's new reformed interconnection process, which is designed to improve the certainty, speed and discipline of generation project review. In total, the generation applications would be capable of generating 220 GW of electricity.
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Industry News
Gemma Power Systems Receives Notice to Proceed on a 1.2-GW Power Project in Texas
LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028.
SLEC announced its plans to build the new electric generating facility earlier this year. The combined cycle facility will be developed and owned by a SLEC subsidiary and will operate within the Electric Reliability Council of Texas (“ERCOT”). The 1,200-MW project is located near a 24-inch tap off the Matterhorn Natural Gas Pipeline, and the new facility will add significant dispatchable generating capacity to the region.
Gemma's CEO stated, “We’re thrilled to move forward with SLEC on this major power project. Their strong development efforts set the stage for success, and we look forward to working together. Expanding power infrastructure is essential to meeting rising energy demands, and our team is dedicated to delivering exceptional results.”
SLEC previously executed an agreement with Siemens Energy to reserve manufacturing slots for two SGT6-9000HL gas turbines to be installed at the new combined cycle facility. The SGT6-9000HL is one of the most technologically advanced gas turbines in the world, featuring high power output, excellent fuel efficiency, and the capability of operating on hydrogen with only minor modifications to the equipment.
The Sandow Lakes project location was formerly the site of a 1950s-era integrated industrial enterprise that included 1,200-MW of coal-fired generating capacity. The legacy coal facilities and industrial facilities are in the process of being partially demolished and repurposed, paving the way for the clean-burning, natural gas-fired facility. Texas State Representative Stan Gerdes, in whose House District the development sits, previously commented, “For the citizens of this region, losing Alcoa after 6 decades of manufacturing was a blow to the entire region. But with the advent of Sandow Lakes, the folks living here have renewed enthusiasm for the area, their families and for the future.”
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The Locational Marginal Price Model (LMP) Network Power Model
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Day Ahead and Real Time Market Simulation
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The Gas Procurement and Competitive Analysis System
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