ERCOT showing 70,000+ MW of solar with signed interconnection agreements by 2027! Energy Abundance & Dominance is alive and well in Texas! data: ercot.com/gridinfo/resou…

Jacob Mays Forrest BGE recently had an involuntary load shed. no PAI. What are we even doing at this point???

Two direct customers of Nvidia were responsible for 44.4% of the total Q2's revenue of the Data Center. Read that again: HALF of Nvidia's Data Center revenue in Q2 comes from just TWO customers.

All signs point to maybe

Great Modo chart. Batteries degradation can be very agressive+very quick. Develops who aren't owners sometimes miss this and the importance of assets ops in assets performance. Having a trading desks (or SaaS) without the ops function is leaving money on the table

New PJM analysis: at least +5 GW of load flexibility needed by 2030 vs recent DR levels to avoid load shed. PJM modeled several scenarios based on load forecast, generator queue, ELCCs. Only ONE was resource adequate. Not enough dispatchable generation = load must flex

What part of the cycle is this

Me at the dinner table waiting to shift the conversation to deregulated power markets and retail pricing

If we want the greatest societal certainty that we are not overbuilding AI infrastructure, then we should prioritize fostering liquidity in futures markets for compute

Battery capacity by power grid in the US: CAISO (California): 14,609 MW ERCOT (Texas): 10,982 MW PJM (Mid-Atlantic): 441 MW Crazy that California has built 33x more battery capacity than the largest grid in the US (PJM).

Nat gas is the next chapter of the AI story

PJM made the fatal flaw of trying to treat capacity for resource adequacy as a centrally planned commodity 20 years ago and has damned all of its stakeholders to an eternity of arguing about meaningless metrics ever since

Georgia Power’s large load pipeline shrinks by 6 GW Georgia Public Service Commission staff testimony noted data centers are “underperforming expectations” due to lower materialization rates, project cancellations and delays. utilitydive.com/news/georgia-p…

So in Louisiana we seem to have: -Hyperscaler seeking to keep data center off its balance sheet by claiming it doesn’t control the project -On the power side, the strength of the hyperscaler name invoked as a golden backstop to message that other ratepayers protected

UNITED STATES long-run trends in electricity generation since the end of the Second World War:

The Fed: The economy is working. The economy:

*PJM CAPACITY COSTS RISE TO RECORD $333.44 A MEGAWATT-DAY

2. For that incremental auction, PJM Interconnection will update its load forecast. The load forecast they relied in for the auction conducted yesterday basically just let utilities YOLO, and, uh, certain of them did, projecting a 12% YoY growth in demand...

I’m ready for round 6

1.) What