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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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PJM Announces More Than 800 New Generation Projects Seek to Connect the Grid

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

PJM Announces More Than 800 New Generation Projects Seek to Connect the Grid

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.

The period to submit applications closed April 27, and PJM now begins a validation phase to confirm which projects have submitted the required technical and financial information to proceed. All projects in this Cycle are being processed under the new framework and exclude backlog from prior queues.

The reformed process replaces PJM's prior first-come, first-served model with a first-ready, first-served approach, that prioritizes projects that are more advanced and better positioned to move forward. PJM states that projects must demonstrate they are viable before entering the queue, including meaningful up-front financial commitments and proof of site control. These requirements are designed to reduce speculative projects, improve predictability and increase the overall pace of interconnection.

The reformed process also has PJM implementing advanced tools and pathways used in recent years to improve efficiency at scale. This includes HyperQ, the AI-enabled tool developed by Google's Tapestry to help review large volumes of application data more quickly and efficiently. HyperQ is already helping with these reviews by identifying and helping to assess sections of documents for further review. PJM expects the efficiencies offered by HyperQ to reduce study times and will evaluate the tool's impact throughout Cycle 1.

PJM's Interim President and CEO stated, "PJM and our stakeholders have created a process that gets as many projects approved as quickly and safely as possible. These numbers represent significant interest from developers resulting from strong market signals, and our reformed process is designed to prioritize viable projects that can move to construction and operations with greater speed and certainty."

PJM believes that the high volume of applications reflects strong developer interest and growing electricity demand across the PJM region, driven by data centers, advanced manufacturing and broader electrification trends. Between 2024 and 2030, PJM expects electricity demand to increase by more than 30 GW, driven largely by data centers. PJM sees bringing new generation online is critical to maintain grid reliability as demand rapidly increases. With the start of this Cycle, all generation seeking to connect to the PJM grid is now being processed.

The 811 applications include a diverse mix of generation resources, including: storage (349), natural gas (157), solar (142), wind (65), solar-storage hybrids (45), nuclear (27), other (15) and hydro (11). The nameplate capacity by type of generation is: 220 GW total capacity, led by natural gas (105.8 GW), storage (66.5 GW), nuclear (17.9 GW), solar (14.8 GW), solar-storage hybrid (8.9 GW), wind (4.7 GW), hydro (0.15 GW) and other (0.5 GW).

PJM states that the opening of the new interconnection Cycle represents the culmination of PJM's successful interconnection process reform that was first implemented in July 2023. Projects will be reviewed in the Cycle in what is designed to be a one- to two-year process, depending on the impact of the specific project. Since 2020, PJM states that it has processed more than 300 GW of projects, resulting in 103 GW worth of projects with signed interconnection agreements. Many of these generation projects with agreements will not be constructed or are slowed by various hurdles, such as state permitting and supply chain backlogs. PJM states that it is working with stakeholders in both the public and private sectors to help projects get built once they clear PJM's process and to manage the reliable integration of data centers while new generation resources are being developed.
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