EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Mirant Looking for Partner to Provide Credit Support

LCG, Mar. 6, 2002--The power producer and energy trading company Mirant Corp. is in talks with potential providers of capital to bolster its trading operations.

Marce Fuller, Mirant's chief executive, confirmed the talks, which he told a Morgan Stanley-sponsored investor conference are being conducted with commercial banks, investment banks and insurance companies. If a deal is reached by June 30, as Mirant intends, the company would no longer need to support its trading by putting up $500 million of its own capital to provide liquidity.

Jeffrey Gildersleeve, an analyst with Argus Research, said, "you're at a disadvantage when you don't have a solid financial backbone. Potential customers might shy away." With its balance sheet under greater scrutiny following the collapse of Enron and retreating from its aggressive development of new power plants, Mirant hopes to improve its credit rating, downgraded to junk status by Moody's in December.

If Moody's were to restore the company's credit rating, it would mark an exceptionally fast reversal from the rating service, Fuller noted. While the company's creditworthiness is being monitored closely, in Gildersleeve's opinion, "it has become consensus that Mirant management has been extremely proactive in shoring up its balance sheet and proving its financial strength." One move in that direction was the sale of German utility Bewag AG, a deal worth about $1.2 billion.
Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service