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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

Aussie Plant Breakdowns Squeeze Victoria

LCG, Jan. 3, 2002--Equipment failures at the Loy Yang A and Yallourn power plants in the Australian state of Victoria last weekend have raised fears of looming blackouts or rationing, the Melbourne Herald Sun reported this morning

The threat comes as southeast Australia heads into its hottest part of summer, with predictions of all-time highs for power demand.

Victorian Energy Minister Candy Broad pooh-poohed the talk of rationing, saying there was no immediate threat to the state's power supply. But industry sources warned a string of weekday temperatures topping 95F, after industries returned from the holiday break on Monday, would stretch supplies.

"Demand is highly vulnerable to change in temperature," said National Electricity Market Management Company spokesman Paul Price.

One unit at Loy Yang is expected to be out of action until late March, but operators at Yallourn remain confident they can repair its damaged unit by January 20. But to compound problems, Loy Yang plans to shut another unit for six days of urgent maintenance from January 12.

The Victorian government has warned some of the largest power users of possible rationing. Some, including Alcoa's aluminum smelters at Point Henry and Portland, and BHP Billiton's Western Port plant, say they are ready to wind back demand if asked by the government.

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