Core Insights - Arbor Energy has raised $55 million in Series A funding to enhance its power plant technology, which will now utilize both biomass and natural gas for energy production [2][3] - The shift to include natural gas is driven by the increasing electricity demand from data centers, allowing for a more reliable energy source compared to solely relying on biomass [3] - Arbor Energy's power plant employs oxy-combustion technology to capture CO2 efficiently, making it more cost-effective to store CO2 due to available tax credits [4][3] Company Developments - Arbor Energy is currently constructing a biomass-burning power plant in Louisiana, partially funded by a $41 million agreement with Frontier, which requires the removal of 116,000 tons of CO2 by 2030 [8] - The company is collaborating with natural gas providers that have low leakage rates to minimize the climate impact of its electricity generation [7] Environmental Considerations - The use of natural gas introduces concerns regarding methane emissions, which can significantly affect the overall climate impact of the power plant [5][6] - Research indicates that even low leakage rates of natural gas can equate the carbon footprint of gas-fired plants to that of coal plants, highlighting the importance of managing emissions [6]

Arbor Energy Scoops Up $55M Series A Back to Home Tweet EL SEGUNDO, CA, Arbor Energy, a clean power company, today announced it has raised a $55 million Series A round. The round was co-led by Lowercarbon Capital and Voyager Ventures, with participation from Gigascale Capital and Marathon Petroleum Corporation. The funding will enable the completion of Arbor's 1 megawatt (MW) technology pilot, ATLAS, and support development of its 25 MW commercial product, HALCYON.Arbor Energy builds clean, baseload p ...