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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

Endesa to Gain Foothold in French Power Production

LCG, Nov. 7, 2000--Endesa, Spain's largest electric utility, said this morning it plans to acquire a 30 percent interest in French power producer Socit Nationale d'Electricit et de Termique for 360 million euros ($417 million U.S.).

The purchase in conditional upon Endesa being able to acquire full control of Snet in two years and is subject to approval by the French government. Snet is 81 percent owned by government-run Charbonnages de France, a mining and industrial firm, and 19 percent by Electricit de France, the government electricity monopoly.

Snet has about 2.5 percent of the French power production market, of which Electricit de France has nearly all.

Endesa is reported to have outbid Suez Lyonnaise des Eaux and Germany's RWE for Snet, but financial information was not disclosed. Last month, Endesa announced a 15.2 billion-euro ($17.6 billion) acquisition of Iberdrola, the second-largest Spanish electric utility.

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