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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

EU Sets Energy Market Retail Deregulation Date

LCG, November 26, 2002-EU Ministers announced that residents will be able to choose electricity suppliers beginning July 2007.

The business energy market will be opened to competition in 2004, and EU leaders have finally agreed to open the market for homeowners in 2007.

France has been the major opponent of liberalization, initially putting off serious comment earlier this year because of elections. France is unwilling to compromise the position of its state energy company Electricite de France and opposed the original, 2005 deregulation date.

The European Union finally came to agreement on Monday after commissioners warned that delays in deregulation could cost as much as 15 billion euros.

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