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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Faster-than-Expected Data Center Load Growth May Cause Increased Regional Short-term Fossil Fuel Generation and Wholesale Electricity Prices

LCG, March 18, 2026--The EIA released a new "In-depth Analysis" of the potential impact of faster-than-expected near-term growth in data center power demand on power generation and wholesale prices on March 12. The analysis models the lower 48 states through 2027 and compares results to its base case scenario. Key takeaway from this sensitivity analysis is the potential increase in fossil fuels in some regions and potentially a significant increase in wholesale prices in ERCOT.

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Industry News

Duke Unit to Buy Waste Management Power Plants

LCG, Nov. 2, 2000--Duke Energy Corp. said yesterday its Duke Solutions business unit has agreed to acquire eight independent power plants with a combined capacity of 244 megawatts from a subsidiary of Waste Management Inc.

Duke Solutions said it will invest approximately $100 million in the facilities, including purchase price and planned improvements, adding that expected revenues over the next 15 years could exceed $1 billion.

The assets to be acquired include cogeneration and renewable energy facilities in California,Pennsylvania, Maine and Florida that provide steam and chilled water under long-term contracts with industrial and institutional customers and long-term electricity under long-term electric sales contracts with several utilities.

Duke Solutions will own and operate the plants, calling on other Duke companies for services such as maintenance, commodity supply and risk management.

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