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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

Cape Wind Offshore Project Receives Approval of PPA

LCG, November 27, 2012--Wind farm developer Cape Wind announced Monday that the Massachusetts Department of Public Utilities (DPU) approved its 15-year power purchase agreement (PPA) with NSTAR, an operating company of Northeast Utilities, to purchase the energy, capacity and renewable energy credits from the proposed Cape Wind project.

The 468-MW Cape Wind project will include 130, 3.6-MW wind turbines located in Nantucket Sound, Massachusetts. The offshore wind farm will connect to the power grid via a 66.5-mile, buried submarine transmission cable system. The project developer has pursued government approval since 2001 and completed State and local permitting in 2009.

The newly approved, 15-year PPA with NSTAR covers 27.5 percent of Cape Wind's power. A year ago, the Massachusetts Supreme Judicial Court upheld the DPU's approval of Cape Wind's PPA with National Grid for 50 percent of Cape Wind?s power. Cape Wind?s financial advisor stated, "Taken together, these two PPAs provide Cape Wind with the critical mass to continue securing project financing."

Cape Wind expects to start construction of the wind farm in 2013 with some of the turbines in service in 2015.
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