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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

Power Suppliers Allege Entergy Exerted Market Power

LCG, Jan. 28, 2002--A filing by twelve power generators with the Federal Energy Regulatory Commission charges that imbalances from under-deliveries by Entergy reflect "unjust, unreasonable and unduly discriminatory rates."

The complaint, submitted on Jan. 10, is based in part on a November 2001 ruling by the FERC that Entergy was capable of exercising market power. FERC's order said that the rates charged by Entergy were to be cost-based rates when no long-term contract applied, with an exception for areas controlled by a regional transmission organization.

The firms, which include Mirant Corp., Reliant Energy Inc., Williams Cos., and Exelon Corp., cited Entergy's stated incremental costs, $100 per megawatt-hour in excess of the market clearing price in the market that showed imbalances, or hourly gaps between scheduled and actual usage.

A statement by the generators said, "Entergy retains the ability to charge customers excessive rates, it retains the ability to deny customers comparable service, and it continues to violate the commission's standards of conduct." Entergy, based in Louisiana, serves customers in Arkansas, Louisiana, and Mississippi.
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