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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

Bankruptcy Judge Allows PG&E Lawsuits

LCG, June 19, 2002--Lawsuits under dispute because of PG&E utility's bankruptcy will be allowed to proceed in state court.

California's Attorney General Bill Lockyer, who has been filing energy company lawsuits repeatedly this year, and the city of San Francisco, want to sue PG&E utility's parent corporation, PG&E Corp.

San Francisco and Lockyer both question some $4 billion worth of dividends and stock repurchases which were transferred to the parent corporation between 1997 and April 2001.

The Pacific Gas & Electric utility, which filed for bankruptcy last year, is awaiting a decision by Judge Dennis Montali in order to proceed with reemerging from bankruptcy. The Judge has ruled that creditors to Pacific Gas & Electric will vote on two plans, created by the utility and the California Public Utilities Commission respectively, before making a decision.

Judge Montali has ruled, however, that the two fraud lawsuits brought against PG&E Corp. for alleged illegal business practices should be heard in state court.

While San Francisco wants the allegedly misplaced money to go to ratepayers, Lockyer thinks it should go to the bankrupt utility in order that it pay off its debts.

PG&E Corp. insists that all transactions it participated in were legal and verified by an independent auditor.

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