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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

Payer of Connecticut Utility's Congestion Charges Disputed

LCG, July 2, 2003--Charges for congestion that have been included in Connecticut Light & Power (CL&P) ratepayers' bills will continue to be the responsibility of the utility, not suppliers, unless the Federal Energy Regulatory Commission rules otherwise.

The charges, which arise when the effective limit of transmission lines' capacity is reached, were first put in place in March by the Independent System Operator - New England (ISO-NE). So far, the costs have amounted to $47 million, and represent about 6 percent on the typical customer's bill. As congestion costs change according to disparities in generation costs between different areas, they are intended to encourage investment, which would serve to drive the costs down.

The Connecticut Department of Public Utility Control (DPUC) determined that the congestion charges should be paid by CL&P at present. The utility contended that suppliers such as Northeast Utilities' Select Energy, Xcel Energy Inc.'s NRG Energy, and Duke Energy Corp. should pay the costs. FERC intends to determine a timetable for deciding the issue on July 9.
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