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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

Maine Renewable Plants Shut Down Temporarily

LCG, June 6, 2002--Two biomass plants in Maine that burn wood for fuel will be shut down until Sept. 30 due to the high cost of wood, said owner Boralex, Inc., a Montreal-based firm.

The plants are a 16-MW facility in Athens and a 40-MW installation in Ashland, which together can provide for the needs of 60,000 homes. The shutdowns are the latest in a series of economically based decisions leading to fewer operating biomass and renewable facilities in Maine. Five of ten biomass plants in Maine remain in operation, according to Beth Nagusky, executive director of the Independent Energy Producers of Maine.

The Maine Public Utilities Commission chairman, Tom Welch, said that the 1997 state electric industry restructuring law was not responsible for the temporary closures. There has been some debate over whether the state should require a certain portion of the state's generation to be renewable, even if it might cost more than conventional fossil fuel-derived power. Many of the renewable plants in Maine are not able to provide a price-based incentive to buyers of standard-offer electricity service, given the prices approved by the Maine PUC.

Currently, power supplies are ample due to new conventional generation in New England. The Independent Power Producers would like the state to make a 100 percent renewable generation option available to customers. Welch, the PUC chairman, while not against renewable resources, said, "how much ratepayers or taxpayers want to spend to keep these facilities open, that's a question for the Legislature."
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