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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

Enron India's Sale of Gas Assets to BG in Peril

LCG, Oct. 11, 2001--The agreed upon sale by Enron India Oil and Gas of its 30 percent interest in three oil and gas fields to BG Plc of the UK (the former British Gas) is imperiled by the desire of India's Reliance Industries Ltd. to operate the fields after the change of ownership.

Enron's agreement with BG is contingent upon the U.S. company continuing to operate the Panna, Mukta and Tapti fields, which lie off India's western coast, and are considered among the more promising recent finds in the country.

The three fields produce among them about 8 million cubic feet of natural gas per day.

Reliance, which also owns a 30 percent stake in the fields, has applied to the government to be appointed the operator, which could derail the deal, according to sources in India.

Enron said it wants to sell its interest in the fields in order to concentrate on its energy trading business, but the company has also said it wants to simply exit India because of problems with its 65 percent owned Dabhol Power Co. in the Indian state of Maharashtra.

BG said it wants the Panna, Mukta and Tapti fields to supplement its interests in gas distribution and liquefied natural gas in India.

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