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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

Capacity Being Added at Florida's Hines

LCG, Mar. 28, 2002--The second phase of construction at Florida Power's Hines Energy Complex is beginning today, and will add a second gas-fired, combined-cycle plant.

The new plant will have a capacity of 495 megawatts, and is expected to start producing power in November 2003. "We serve a state with one of the highest growth rates in the country," commented Bill Habermeyer, president and CEO of Florida Power, the regulated utility. The original, 482-megawatt plant, Hines 1, started operations in 1999. The Hines Energy Complex is located in Polk County, Fla.

During the approval process of the combined-cycle generating units at Hines by the Florida Public Service Commission in 2000, a staffer suggested that Florida Power be allowed to recoup its capital and operating costs plus a given rate of return for the first five years of the project, rather than over a 30-year period.
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