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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

AEP Ohio Plans 49.9-MW Solar Project in Ohio

LCG, October 8, 2010--AEP Ohio, a unit of American Electric Power, announced Tuesday that it signed a memorandum of understanding (MOU) to negotiate a 20-year, power purchase agreement (PPA) for the energy generated from a 49.9-MW solar energy project with Turning Point Solar LLC, a joint venture of Agile Energy Inc. and New Harvest Power.

The planned solar power plant will be located on a 500-acre site in southeastern Ohio that includes reclaimed lands owned by AEP Ohio. The project will be constructed in three phases, with approximately 20 MW scheduled to commence commercial operation by late 2012. Phase 2 will add 15 MW and be operational by the end of 2013, while Phase 3 will begin delivering power to the grid by the end of 2014.

In 2008, Ohio passed Senate Bill 221, which includes alternative and renewable energy generation and procurement requirements for all retail electricity providers except municipal utilities and electric cooperatives. The legislation requires retail electricity providers to provide 25% of their retail electricity supply from alternative energy resources by 2025 and includes solar carve-outs. AEP Ohio is required to rely upon solar to supply 0.06 percent of its load in 2012, 0.09 percent in 2013, and 0.12 percent in 2014, with a requirement of 0.5 percent by the end of 2024 and thereafter.

In addition to construction jobs, it is anticipated that the project will bring 300 permanent jobs to Ohio through Turning Point's negotiations with Prius and Isofoton, solar equipment manufacturers from Spain, to supply monocrystalline solar PV modules and solar trackers for the project from new manufacturing facilities constructed in Ohio.
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