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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

Bear Head LNG Project Gains Momentum

LCG, August 24, 2005--CB&I announced yesterday that it was awarded a lump-sum contract valued at over $100 million for the design and construction of storage tanks for the planned liquefied natural gas (LNG) terminal to be located on a peninsula on Cape Breton Island, Nova Scotia, Canada. The facility will be owned and operated by Bear Head LNG Corporation, a subsidiary of Anadarko Petroleum Corporation.

The Bear Head LNG project is designed to receive LNG from tankers and to regasify 1 Bcf/day of natural gas, which will be transported to Northeast markets via the Maritimes & Northeast Pipeline (M&NP). This initial phase is scheduled to be operational in late 2008. A second phase of the project may be added that would increase the sendout capacity to 1.5 Bcf/day.

CB&I will be responsible for turnkey engineering, procurement and construction of two LNG storage tanks. Engineering and procurement activity for the project is already under way. The Environmental Assessment was approved in August of last year.

With natural gas prices generally at all time highs, LNG projects continue to gain momentum. Last month, the Federal Energy Regulatory Commission (FERC) approved the proposed Ingleside LNG terminal, with a design capacity of 1 Bcf/day. The project site is on the shore of Corpus Christi Bay, Texas, and is owned by Occidental Chemical Corp.

In June, the FERC approved the construction of the Vista del Sol LNG Terminal, which will also be located along the Gulf of Mexico near Corpus Christi, Texas. Proposed by affiliates of ExxonMobil, the design capacity is 1.1 Bcf/day. Furthermore, the Commission approved On June 30 the Weavers Cove LNG terminal, to be constructed in Fall River, Massachusetts, and the Golden Pass LNG Terminal and Golden Pass Pipeline, which are to be constructed in Texas and Louisiana.

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