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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

Indiana Commission Authorizes Duke IGCC Project

LCG, November 21, 2007--Duke Energy yesterday received authorization from the Indiana Utility Regulatory Commission to proceed with the construction of a 630-MW coal-fired power plant that will use an advanced, integrated gasification combined cycle (IGCC) technology. Duke must still receive an air permit from the Indiana Department of Environmental Management. If received, construction may commence in 2008, with full operations achieved in early 2012.

The proposed project will be built at Duke's existing Edwardsport Generating Station near Vincennes, Indiana. Once the new plant is operational, the old facilities, which include coal and oil units that have a capacity of 160-MW, would be retired.

The IGCC design employed for the plant includes coal gasification. Synthetic gas created from coal is used in a gas turbine to generate electricity. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification process offers the potential for lower cost solutions to capture and sequester CO2, which may assist in efforts to thwart global warming.

The estimated cost of the plant is roughly $2 billion, which will be offset by over $460 million in local, state and federal tax incentives.

Duke filed an application for a "Certificate of Public Convenience and Necessity" (CPCN) with the Commission to build the plant in September 2006. Duke must justify and seek approval in a separate proceeding to recover any costs above the approved $1.985 billion.

The Commission directed Duke to proceed with its plans to develop carbon capture and storage studies and to file a proceeding with the Commission to establish that process in six months.
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