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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

Report Finds Xcel Service Standards Falsified

LCG, Mar. 14, 2003--Reporting by Xcel Energy Inc. on the duration of power outages was falsified, according to a report commissioned by Minnesota's Attorney General Mike Hatch, and the Minnesota Department of Commerce.

The report followed the Minnesota Public Utilities Commission's request that an investigation be launched into published allegations by unnamed sources that data had been changed. "It appears many different schemes have been used in order to keep durations down," the report by Eide Bailly LLP's Fraudwise said. Fraudwise is still investigating, and plans to produce a full report after the investigation.

"We are outraged at the accusations of corruption in our outage reporting system alleged in the Fraudwise report," a statement from Xcel said. Ken Zagzebski, the vice president of energy delivery, wrote, "We intend to refute each allegation and innuendo as soon as possible."

Xcel and state regulators arrived at a set of service standards during the creation of Xcel, through the merger of Northern States Power and New Centuries Energy Inc. in 2000. The agreement with regulators set penalties to be imposed if limits on outage durations or other standards were not met.
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