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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

Newsmakers

Jack E. Davis has been named president of Pinnacle West Capital Corp. and has been elected to its board. He will also remain president of energy deliver and sales with subsidiary Arizona Public Service Co.

Karl W. Miller has joined PG&E Corp. as National Energy Group senior vice president for marketing and business development. He most recently was in the London branch of EdF (Electricit de France) Trading Ltd., where he was senior vice president and head of the structured transaction group.

William J. Post has been elected chairman of the board of Pinnacle West Capital Corp. and will also be chairman of its principal subsidiary, Arizona Public Service. He will remain chief executive of the parent company. Post succeeds Richard Snell, who will retire effective February 5.

Angela M. Sparks has been elected Energy East Management Corp. vice president for government affairs by Energy East Corp., the holding company formed by New York State Electric & Gas Co. She most recently was director of government affairs for NYSE&G.

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