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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

Bulgaria to Sign $1.4 Billion Deals with AES, Entergy

LCG, June 1, 2001The Bulgarian cabinet has approved signing two power contracts with U.S. energy firms Entergy Corp. and AES Corp., Prime Minister Ivan Kostov told a news conference yesterday. The combined value of the deals is more than $1.4 billion.

"With today's decision of the cabinet the procedure for signing the two deals has been opened," Kostov told reporters.

One of the projects will be an upgrade of an 840 megawatt coal-fired power plant near Maritsa in southeast Bulgaria, to be undertaken by Entergy as a joint venture with Bulgaria's National Electricity Co. In the other project, a joint venture between the national Electricity Co. and AES will build a new 670 megawatt coal-fired power plant, also near Maritsa.

The Maritsa sites are located in the richest lignite-producing region of the Balkans. Thirty percent of Bulgaria's electricity is generated in the area.

Kostov said the two projects will bolster Bulgaria's position as the main producer and exporter of electric power in the Balkans.

The contracts are expected to be signed within the next two weeks and construction should begin in September or October, according to Ivan Shilyashki, head of Bulgaria's state energy agency.

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