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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

Cut in South Carolina Gas Rates Approved

LCG, Oct. 24, 2001--Scana Corp. said yesterday that a request by its South Carolina Electric & Gas Co. subsidiary for a 16 percent decrease in the purchased gas component of the utility's natural gas rates has been approved by the South Carolina Public Service Commission.

The decrease comes on top of a 15 percent reduction in rates that went into effect last March.

SCE&G customers will see gas prices drop from 79 cents per therm to 59 cents per therm on their November bills. The average householder will save about $17.88 a month or some $107 a year, Scana said.

"Wholesale prices for natural gas have returned to more normal levels and that's good news for our customers," SCE&G President Neville Lorick said. "Last year, gas prices jumped to unprecedented levels and customers were hit right in the pocketbook."

SCE&G recovers the cost of the natural gas it buys through the purchased gas adjustment which regulators set to reflect the company's actual gas costs, which are passed directly to SCE&G customers, Scana explained.

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