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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

California's Natural Gas Prices Lead to Another Lawsuit

LCG, August 2, 2004--San Diego County has filed a lawsuit in San Diego Superior Court against major energy providers charging that the companies created fictitious supply shortages and fraudulently manipulated prices to raise profits and gouge California consumers. The companies identified in the lawsuit are: Dynegy, Encana, Aquila, Reliant Energy, CMS Energy, Coral Energy Resources, and Sempra and its subsidiaries - including San Diego Gas & Electric Company and Southern California Gas Company.

Last month, similar lawsuits related to natural gas price manipulation were filed in San Diego County by San Francisco and Santa Clara counties against the same energy companies. Sempra has stated that the allegations are without merit.

On July 28, Sempra Energy agreed to pay $7.2 million to settle allegations of Enron-like market manipulation during the 2000-2001 electricity crisis. "Under terms of the settlement, Sempra Energy trading has expressly denied the allegations raised by FERC," said Doug Kline, a Sempra spokesman.

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