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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

Duke Offers San Diego Low-Priced Long-Term Power

LCG, Nov. 28, 2000--Duke Energy Corp. said yesterday it had proposed to manage San Diego Gas & Electric's Co.'s 3,300-megawatt electricity load at a fixed price of 6 cents per kilowatt-hour for the next five years, a half-cent under the price everyone in San Diego seems to want.

Duke said its proposal, made through its Duke Energy North America (Dena) business unit, takes into account SDG&E's seasonal and hourly load requirements and has a 3-percent annual adjustment for inflation. It was included in comments Dena submitted to the Federal Energy Regulatory Commission last week in response to the commission's proposed remedies for California's electricity market.

"The 3,300 megawatts represent the full electricity load SDG&E needs to serve its retail customer base during the hottest summer day," said Jeff Stokes, Dena executive vice president for the western region.

Bill Hall, Dena vice president of asset management for the Western region. "The competitive wholesale electricity markets did not cause this electricity crisis; but with patience, wisdom and bold behavior by all market participants, we can fix the crisis and not burden the state's electricity ratepayers or taxpayers."

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