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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

PPL to Use Areva's Nuclear Reactor Design in Application to NRC

LCG, December 20, 2007--PPL Corporation announced yesterday that one of its subsidiaries will submit an application for a combined construction and operating license (COL) to the Nuclear Regulatory Commission (NRC) for approval to build and operate a nuclear reactor near the Susquehanna nuclear power plant near Berwick, Pennsylvania. The application will use AREVA's U.S. Evolutionary Power Reactor (U.S. EPR) and will be submitted by the end of 2008.

Earlier this month AREVA filed its design certification application for the U.S. EPR with the NRC. The U.S. EPR is a Generation III+ design based upon AREVA's 1,600-MW, European EPR now being deployed in Europe. AREVA expects the Design Certification application will be validated by 2010, which would enable a U.S. EPR to be licensed and ready for operation as early as 2015.

PPL contracted with an affiliate of UniStar Nuclear Energy, a joint venture of Constellation Energy and The EDF Group, to prepare the application. Unistar also selected Areva 's U.S. EPR design for use in its plans to build a 1,600-MW nuclear reactor at Constellation Energy's existing Calvert Cliffs Nuclear Power Plant in Lusby, Maryland. In July Unistar filed the environmental report portion of a COL application with the NRC to build the reactor, and Unistar plans to submit the remainder of the application in early 2008.

PPL announced last June that it was considering the construction of a third reactor at its Susquehanna plant. PPL notified the NRC of its intentions and filed a request with the PJM Interconnection for preliminary transmission interconnection studies for the Susquehanna site.

The existing Susquehanna plant consists of two reactors with a combined electric generating capacity of 2,360 MW. The operating licenses for Susquehanna 1 and 2 were issued in 1982 and 1984, respectively, and the licenses for Susquehanna 1 and 2 expire in 2022 and 2024. The facility is jointly owned by PPL Susquehanna, LLC and Allegheny Electric Cooperative Inc. and is operated by PPL Susquehanna.

PPL stated that it has not yet decided to move forward with construction. In addition, given the market, construction and regulatory uncertainties, along with the large capital commitment for a nuclear project, PPL would proceed with construction only in a joint venture arrangement.
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