Insights

A federal move to tax away data-center incentives, PJM leaning on large loads’ backup generation, 2.88 GW of gas built for one campus, a 465-mile HVDC rebuild, and a labor squeeze on the build-out.

Nvidia’s $89B quarter, PJM wholesale costs up 46%, New Jersey unwinds its AI tax credit, and a 750 MW nuclear project falls out of the queue — our read on the week in AI compute and power.

Capex forecasts double, PJM writes rules for data centers that bring their own power, DOE drops three transmission corridors, and 50 GW clears the queue — our read on the week in AI compute and power.

Nearly 4,000 MW of data-center load tripped off PJM in a single event — and ride-through, flexibility and self-supplied firm power are fast becoming conditions of interconnection.

Texas audits a 474 GW interconnection queue, BNEF prices the delay, PJM asks FERC for a reliability backstop, and hyperscalers keep building their own power.

PJM wants large AI loads to bring their own capacity, Amazon offers to fund its own grid upgrades, and developers pair power with compute on one site. Our read on the week in AI compute, power, and hard assets.

A 3 GW load drop in Data Center Alley, PJM’s governance under review, off-grid gas in court, construction as the binding constraint — and who ends up owning the data center.

Our weekly read on AI compute, power, and hard assets: FERC’s new data-center reliability and interconnection rules, a tightening PJM capacity auction, a nuclear SMR revival, and grid stress that’s operational today.

Our second weekly read on AI compute, power and hard assets: SK Telecom maps a 15 GW buildout, Cummins powers a West Texas AI microgrid behind the meter, PJM plans a data-center backstop, and FERC holds the interconnection line.

Our first weekly read on AI compute, power and hard assets: FERC fast-tracks data-center interconnection, AI rewrites the utility playbook, $1.75B flows into behind-the-meter gas, and PJM’s grid hits its summer limits.