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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

Xcel Faces Nuke Waste Problem as Minnesota Votes Against Storage

LCG, May 16, 2003-Minnesotan legislators voted against Xcel Energy Inc.'s request to store additional radioactive waste on site.

The House decided against Xcel 99 to 33.

The Minnesota senate approved extra radioactive fuel storage at Xcel's nuclear power plant in Red Wing. Prairie Island, a 2 reactor plant, provides 1,076 megawatts capacity. Xcel has said that the plant may face being mothballed by 2007 if radioactive waste cannot be stored on site.

Currently Prairie Island is allowed 17 casks to store waste. The plant is seeking permission to increase the number by 12. The casks are constructed from steel, lead, and concrete and require regular monitoring. Such casks are given 20 year licenses.

Xcel has not given up as yet and insists it will continue to discuss the storage problem with legislators. The company has in past years explored other storage options, including locations in states such as Utah. Prairie Island is the only authorized spent fuel rod storage location in Minnesota.

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