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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

Another NYC Plant Catches Fire

LCG, July 30, 2002-The transformer at the 1,254 MW Astoria power station, owned by Reliant Resources, caught fire on Monday night at about 11:30.

The second transformer fire in New York City this month initially caused safety systems at the plant to shut down two generating units, although eventually all four units went off line. 5,000 Consolidated Edison customers lost electricity service for a few hours.

Electricity demand is expected to be very high in New York City this week because of high temperatures, and plant operators managed to bring all four units back on line in time for the afternoon's peak demand.

No injuries were reported, and a small amount of oil leaked into the East River.

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