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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

Entergy, NYPA Close Sale of Indian Point 3, FitzPatrick

LCG, Nov. 22, 2000--Entergy Corp. and the New York Power Authority yesterday closed the sale ofNYPA's two nuclear power plants, Indian Point unit 3 in Buchanan, N.Y., and the James A. FitzPatrick plant near Oswego, N.Y. The two organizations announced the deal last March.

Entergy said in a statement that the acquisition is its largest yet in its nuclear growth program and, at $967 million, is the highest price yet paid for nuclear assets in the U.S.

Entergy Nuclear Northeast now has three plants to operate. Entergy purchased the Pilgrim NuclearStation at Plymouth, Mass., in July 1999 from Boston Edison Co. in the first sale in the U.S. of anuclear power plant in a competitive bidding process.

With Indian Point 3 wrapped up, Entergy will now pursue its acquisition of Indian Point 2 and the mothballed Unit 1 from Consolidated Edison Co. of New York, and hopes to close that transaction by next summer. Con Edison is replacing the steam generators in Indian Point 2 and hopes to have the plant running by the end of the year.

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