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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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Oklo Announces DOE Approval for Nuclear Safety Design Agreement of Aurora Powerhouse at Idaho National Lab

LCG, March 17, 2026--Oklo Inc. (Oklo) today announced that it has signed a U.S. Department of Energy (DOE) Other Transaction Agreement (OTA) to support the design, construction, and operation of Oklo’s first reactor, the Aurora powerhouse at Idaho National Laboratory (INL) under DOE’s Reactor Pilot Program (RPP). The DOE Idaho Operations Office subsequently approved the Nuclear Safety Design Agreement (NSDA) for the fast-fission power plant, and Oklo immediately requested DOE commence review of its Preliminary Documented Safety Analysis (PDSA).

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Industry News

Newsmakers

Ron Cardwell has joined the Allegheny Energy Inc. as a vice president ofAllegheny Energy Solutions, an unregulated subsidiary that focuses on distributed generation and other energy-related products and services. He most recently was with Navigant Consulting Inc., where he was responsible for developing growth strategies for energy and utility companies.

Tony J. Finneman, vice president for operations of natural gas firm WBI Holdings Inc. has been promoted to executive vice president and general manager of Williston Basin Interstate Pipeline Co., the company's regulated natural gas pipeline and storage subsidiary.

Philip J. Pellegrino has resigned from his position as chief executive and president of ISO New England, effective immediately, to pursue other professional interests. Chairman William W. Berry will assume Pellegrino's responsibilities on an interim basis while a search is undertaken for a replacement.

Gerald J. Stalun has been named executive vice president and managing director of Duke Capital Partners LLC, a business unit of Duke Energy Corp. and will be responsible for the company's Charlotte operation. He most recently was managing director and co-head of global project finance for the power industry at Bank of America.

Darwin L. Subart, vice president for business development of WBI Holdings Inc., a natural gas concern, has been promoted to executive vice president and general manager of WBI Southern Inc., a subsidiary consisting of the firm's natural gas gathering system and some storage assets.

F. T. Webster has become executive vice president and managing director of Duke Capital Partners LLC, a business unit of Duke Energy Corp. and will be responsible for the company's Houston operation. He most recently was a partner and managing director of Arthur Andersen's energy corporate finance practice in North America.

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