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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

Oregon Approves Sierra Pacific-Portland General Deal

LCG, Oct. 31, 2000--The Oregon Public Utility Commission yesterday approved the pending acquisition by Sierra Pacific Resources Corp. of Portland General Electric Co. from Enron Corp.

Walter M. Higgins, chief executive of Sierra Pacific, said "PGE is one of the premier electric utilities in the West and this approval moves us one step closer to the merging of our two companies."

Peggy Fowler, chief executive of the Portland-based utility, said "The ultimate winners are our Oregon customers. The agreement assures they can continue to receive the same level of outstanding service that they have come to expect from PGE."

Sierra Pacific said the PUC approval calls for a six-year price freeze for PGE customers and a $95 million credit for Oregon consumers. The "acquisition credit" will be shown on monthly power bills as soon as the transaction is complete and will continue through Sept. 30, 2007.

"We still have additional approvals to obtain, but the PUC approval is a significant step," addedHiggins. "We must still obtain approval from the Federal Energy Regulatory Commission and theSecurities and Exchange Commission. We're working toward that and anticipate closing thetransaction early next year."

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