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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

NextEra Energy Transmission Submits Offshore Wind Transmission Proposals to Serve New Jersey

LCG, November 5, 2021--NextEra Energy Transmission Mid-Atlantic Holdings, LLC, a subsidiary of NextEra Energy, Inc., yesterday announced that it has submitted multiple proposals, collectively called the New Jersey Seawind Connector, into the PJM State Agreement Approach Proposal Window.

NextEra Energy Transmission stated that the proposals are all cost-effective, help New Jersey meet its future energy needs, and designed to minimize environmental and marine impacts.

NextEra Energy Transmission’s president said, “For more than 20 years, NextEra Energy companies have been supporting New Jersey's energy needs. As the largest generator of renewable energy from the wind and the sun in the world, we support and applaud New Jersey's clean energy goals. We believe no one in the industry can match our experience and unique skillset and we look forward to participating in this project.”

According NextEra, the proposals submitted considered a number of different injection locations and designed routes to minimize marine and environmental impacts. The proposals are designed to provide reliable and cost-effective delivery of offshore wind energy to New Jersey electric customers at significant savings compared to current transmission plans.

The New Jersey Board of Public Utilities (BPU) will analyze a number of factors to evaluate the proposals and may select one or more proposals to move forward with development and construction in the second half of 2022.
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