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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

NY Sees Construction Begin on 750-Megawatt Plant

LCG, June 10, 2002--The site of New York State's Albany Steam Station is now a busy construction site, soon to host a 750-megawatt combined cycle plant known as the Bethlehem Energy Center.

The groundbreaking ceremony today was attended by Gov. George Pataki, as well as other government officials and community leaders who backed the project. The developer, PSEG Power New York, acquired the site from Niagara Mohawk Power Corp. in October, 1999. The company's president and chief operating officer, Frank Cassidy, said, "Albany Steam Station was our first acquisition and the construction start at BEC is another important step in the growth of our business."

The Albany Steam Station has provided 400 megawatts from its location three miles south of Albany, in the Town of Bethlehem. Albany will continue producing power until the operation of the Bethlehem Energy Center begins, in 2004 if all proceeds according to plan. The newer, gas-fired technology will result in a drop in nitrogen oxide and sulfur dioxide emissions of 97-98%. Additionally, the new plant will use only 2-3% of the cooling water used by Albany Steam Station.
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