Wholestory

Infrastructure

Texas finally enforced its pause, but only on half the paperwork. On October 21–22 its environmental regulator took its online filing system offline. It suspended 17 data-centre construction and wastewater approvals, including those for Stargate’s Abilene site, Amazon, Google and QTS. The air permits for gas plants built to power data centres were untouched, and none has been finally granted.

Cities kept saying no. San Diego ratified a pause on October 27, and Charlotte extended its own to October 2027. Aurora, Colorado, fell one vote short of a ban.

Who pays for the power is being redrawn. PJM, the largest grid operator, proposed charging its emergency purchase of new supply to the zones where large loads are growing, rather than to every customer. MISO’s own state regulators told federal regulators its fast lane for data centres would push transmission costs onto everyone else. California’s grid operator approved interruptible connections for data centres awaiting upgrades.

Building their own power is getting slower and dearer. GE Vernova is now selling gas-turbine slots for 2032, at prices about 50 per cent above last year’s. New Mexico refused to throw out the revised permit for Project Jupiter’s fuel-cell plant.

New

15

in all two topics

The whole story2 chapters
The state of it — as of October 29, 2026

$ / GPU-hour

Hyperscaler on-demand (AWS / GCP / Azure median)
Marketplace / spot floor
Month
The price of AI compute: H100-class cloud rental rates in $ per GPU-hour, hyperscaler on-demand against marketplace — what the buildout actually costs to rent.
$2.53
per GPU-hour on the open market

In this story

The Grid and Who Pays for It

Who pays for the grid’s emergency fix is being rewritten. In September FERC suspended PJM’s backstop purchase of new supply because the cost would land on all customers. On October 22 PJM showed members a redesign that charges the zones where large loads are growing, in proportion to their share of that growth. It also drops the opt-out for municipal and co-op utilities. PJM said it would file it by October 29. The purchase would run next spring, with results in May 2027.

The same fight is spreading. On October 23 the Organization of MISO States, backed by 11 of MISO’s 15 state commissions, asked FERC to reject its 120-day fast lane for loads over 200 megawatts. Their reason: nothing stops the transmission costs moving onto existing customers. Google filed the same objection.

The rules themselves are hardening. California’s grid operator approved interruptible interim service for data centres awaiting upgrades on October 28. It will publish what each upgrade costs. NERC’s board adopted the first data-centre reliability standards on October 26, still with no ride-through number. Grid operators’ answers to FERC are due November 16. Virginia’s Dominion–NextEra merger goes to hearing on November 17.

Continue: The Grid and Who Pays for It →
6,831 MW
by which PJM's last capacity auction fell short of its reliability requirement
42%
of PJM's forecast data-centre growth delayed or cancelled, by its market monitor's count
50 MW
the size at which PJM customers must now be reported as large loads

Power Behind the Meter

The wait for a gas turbine now runs to 2032. GE Vernova, the largest maker, reported on October 28 that it sold delivery slots for that year this quarter. Its gas capacity under contract reached 122 gigawatts. Orders signed in 2026 cost about 50 per cent more per kilowatt than 2025’s. Data centres are about a fifth of its customers.

Texas’s pause shut one door and left another open. After advocates showed approvals kept flowing, the state regulator took its online system offline on October 21. It suspended 17 data-centre construction and wastewater authorisations. As of October 23, the air permits for the gas plants were untouched. Seven emission certifications still read issued, and Nexus’s self-powered Hubbard plant awaits its permit, with a hearing requested.

The challenges keep moving. New Mexico’s hearing officer refused to dismiss Project Jupiter’s revised permit, which caps the fuel-cell plant at 1,600 of its 2,400 megawatts. The hearing opens December 7. In New Jersey, neighbours served notice of a Clean Air Act suit over the 62 unpermitted generators at Vineland. In Mississippi, SpaceXAI’s subsidiary has bought five homes near its Southaven turbines under offers that require sellers to drop their noise claims.

Continue: Power Behind the Meter →
Paused
Texas permits for data-centre projects, until a grid audit ends
2 of 90 GW
announced on-site generation actually operating, by Cleanview’s count
36%
of new data-centre capacity through 2030 forecast to run on on-site power

Today

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San Diego Pauses Data Centres, Charlotte Extends Its Pause to 2027, and Aurora Fails Again

San Diego’s council unanimously ratified the mayor’s October 22 pause on data-centre permits on October 27. NBC reports 45 days, extendable to nearly two years, while staff draft rules within 180 days. Amendments seek no costs for residents, renewable power only and setbacks from schools. The trigger was talk of a 400-megawatt centre on Navy land the city cannot bind. Charlotte on October 26 unanimously extended its moratorium to October 18, 2027. Aurora, Colorado, fell one vote short of reviving its ban and sent a 750-foot residential buffer to planners instead. Vantage says it is still advancing its 500-megawatt campus there.

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Earlier this month

14
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Four Cities Vote to Halt New Data Centres in Two Days, One of Them for 135 Days

Suffolk, Virginia, unanimously banned data centres as a primary use anywhere in the city on October 21, joining pauses in neighbouring Chesapeake and Virginia Beach. On October 20 Hayward, California, imposed an immediate moratorium that state law lets run up to two years, and Fort Collins, Colorado, voted a six-month pause, final on November 3, that caught a proposed 10–20 megawatt site. Memphis's council split 6–6 on a long moratorium, then passed a 135-day pause 7–5 while it writes rules, Fox13 and Word In Black report. Indianapolis postponed its vote on about $52.6 million of tax breaks for Metrobloks' $500 million campus to November 18.

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The Biggest Builders Now Pledge Money and Openness for Consent

Meta and Amazon each say they will spend $1 billion on incentives for host communities in the coming years, the Associated Press reported on October 21; Google says its local programmes will reach $1 billion by the end of 2027 and that it will pay full property taxes at every new campus, and Microsoft points to local tax breaks it will forgo. Amazon says it no longer asks officials to sign non-disclosure agreements, as Microsoft and Google have said, and Meta says it is reviewing its own. These are pledges, not payments. The industry's trade group says it has spent more than $10 million on advertising in ten states.

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Texas Let Stargate's and Google's Construction Permits Through Its Pause, Then Suspended Them

In the three weeks after Governor Abbott's September 21 order to halt data-centre permits, Texas's environmental regulator issued construction stormwater permits for Stargate's Abilene and Milam County sites, Google's Fort Worth campus and NScale's Ward County site. These are the first permits a campus needs before clearing land, and most were issued the day they were sought. On October 20 the regulator said they were suspended. A day later it took its online filing system offline to screen every application. Its registry on October 22 listed 17 suspended data-centre authorisations, among them Amazon's and QTS's, and two wastewater permits.

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Virginia Senators File a Three-Year Statewide Data-Centre Ban

Two Northern Virginia senators, Russet Perry and Danica Roem, filed a bill on the eve of the January session that would bar localities, state environmental regulators and the utility commission from approving data-centre permits anywhere in Virginia from July 2027 to July 2030, along with the lines and on-site power serving only data centres. At least three more moratorium bills are lined up, one from a Republican senator. Fort Wayne, Indiana, rejected a one-year local moratorium on a 4–4 vote on October 13. Virginia's General Assembly convenes on January 13; none of the bills is law.

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Georgia's Data-Centre Tax Break Is Projected at $1.4 Billion Next Year

Georgia's own tax-expenditure report projects its exemption on data-centre equipment will cost $1.4 billion in fiscal 2027 — $762 million to the state and $645 million to local governments — up from $876 million two years earlier, according to Good Jobs First, a subsidy watchdog. A University of Georgia evaluation it cites estimated that about 70 per cent of the construction would have happened without the break. The watchdog models the state's share as $295 million to $320 million of potential school funding, a comparison rather than a measured cut; the state does not disclose which companies claim the exemption.

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Compute Gets a Forward Curve Before It Gets a Futures Market

CME Group began distributing forward-curve prices for Silicon Data's H100 and B200 GPU rental indexes on October 15 — reference data only, not tradable. The cash-settled futures CME proposed on the same indexes, each covering 730 GPU-hours, remain under a federal review the Commodity Futures Trading Commission extended to November 9; an October 5 launch had been planned, and the commission's public consultation on compute futures closed on October 20. Mid-October rentals ran about $2.53 to $2.81 an hour for an H100 and $5.45 to $6.01 for a B200, by one trade outlet's reading of the curves. CME is also an investor in Silicon Data.

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Most Texas Data Centres Never Reported Their Water. The Fine Is $500.

Of 334 Texas data centres the state water board asked to report their water use between 2020 and 2025, 233 never answered, the Texas Tribune found in the board's records; the 97 that reported for 2025 used 1.4 billion gallons between them. Meta's Fort Worth site alone reports about 72 million gallons a year. Ignoring the survey is a misdemeanor with a maximum fine of $500; regulators can withhold new permits but not revoke existing ones. On October 15 the attorney general's office said it had written to 156 developments in more than 30 counties urging them to comply.

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Seven Developers Would Not Tell Senators How Many People They Employ

A report from three Democratic senators — Elizabeth Warren, Chris Van Hollen and Richard Blumenthal — built on written answers from seven data-centre developers, Amazon, Google, Meta and Microsoft among them, says none would or could give comprehensive figures for full-time jobs; several told staff that permanent staffing runs at about one worker per megawatt, and Google declined to give its numbers. By the senators’ account the four largest routinely seek nondisclosure agreements, sometimes from public officials. Microsoft stopped asking local governments but keeps them with state agencies and utilities; Amazon said in early October it would stop with government agencies; Google and Meta would not commit. Meta and CoreWeave did not address tax breaks at all.

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Backing a Data Centre Now Costs a Candidate Votes

Pew found 61 per cent of registered voters dislike political leaders who support building data centres near them, and 8 per cent like them; among supporters of Republican candidates it was 44 to 14. NBC News found voters nearly six to one less likely to back a candidate who supports a local data centre. Marist, for PBS and NPR, found 65 per cent opposed to one in their community, and YouGov 63 per cent. They part on Republicans: Marist has them 46 per cent in favour to 44 opposed, within its margin of error, where YouGov finds 52 per cent opposed.

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The Pauses Reach Arizona and Colorado, and 28 Places Put It to a Vote

Pima County, Arizona, approved a 120-day moratorium on 22 September by three votes to two, covering any project that has not yet filed for permits. Brighton, Colorado, advanced a one-year pause on 6 October — double what was first proposed — at the meeting where a 155-acre, eight-building campus application was announced withdrawn; its neighbour Lochbuie has a five-year moratorium. In November, voters in 28 localities across six states will decide data-centre measures, 14 of them in Ohio. In Emporia, Kansas, an initiative would bar any data centre drawing more than 10 megawatts from every zoning district.

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A $260 Billion Count of Cancelled Data Centres, With No Definition Attached

Heatmap Pro, the research service of the climate outlet Heatmap, counts at least $260 billion of US data-centre investment cancelled in 2026 after sustained local opposition, about $130 billion of it in July to September alone. Its data put about $1 trillion of projects under local opposition, and suggest roughly half of those that met backlash were cancelled. Heatmap calls the count probably low, since only about 60 per cent of projects disclose their size, and it leaves out projects stalled by Texas's and New York's statewide pauses. No definition of a cancellation, or of how undisclosed projects are valued, has been published.

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The Flagship Campuses Are Waiting on Power

Stargate’s first campus at Abilene, Texas, had about 200 megawatts running in April against a planned 1.2 gigawatts, by Oracle’s disclosure; Epoch AI’s satellite-based estimate puts it at 421 megawatts of computing load. At Port Washington, Wisconsin, a 1.3 GW campus for Oracle is under construction while the application for the transmission to serve it has been sent back to the start; Oracle still lists delivery for the second half of 2027, and the analytics firm Aterio estimates full power in October 2028. SynMax estimates that nearly 40 per cent of American projects due in 2026 could miss their dates by more than three months.

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A Hundred Thousand Chips at $1.60 an Hour

Oracle has reportedly leased Tencent about 100,000 advanced chips for five years for some $7 billion — roughly $1.60 per chip-hour, about 43 per cent under the $2.80 SemiAnalysis put on a one-year H100 contract in August. The deal is the Financial Times’s report, relayed by Tom’s Hardware; the per-hour figure is arithmetic. The open market has barely moved: Silicon Data’s H100 index read $2.53 per GPU-hour on 10 October, where it stood in July. List prices are firmer — a tracker of 41 providers has the median on-demand H100 at $3.49, up 4.5 per cent in four weeks.

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Virginia Counts Its Data Centres' Load and Generators, and Finds No Water It Can See

A report by Virginia's utility regulator to the legislature's money committees, dated October 1, puts contracted data-centre demand at 11,997 megawatts on Dominion Energy and 7,513 on the Northern Virginia Electric Cooperative, with three smaller utilities adding about 2,300 more. It counts 10,290 older Tier 2 diesel generator sets at data centres, totalling 26,718 megawatts, against 3,477 cleaner Tier 4 sets. On water it found nothing: no regulated water utility that answered, the two largest among them, said it serves a data centre. Municipal systems, which lie outside the regulator's reach, had not replied in time. A state water-withdrawal dashboard is due January 1, 2027.

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This quarter

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Oracle Serves a Force Majeure Notice on a Campus Whose Gas Line Is Six Months Late

Oracle sent a force majeure notice on Project Jupiter, a 2.45 GW campus under construction in Doña Ana County, New Mexico, to its developer, a Blue Owl unit. That the notice lets Oracle defer payment if the site is late is Bloomberg’s account from unnamed sources. The pipeline meant to fuel the campus’s fuel cells, due in August 2026, is now dated February 2027, and the state land office has refused it a crossing; the air-permit decision is due by 23 November. The developers promised the county a first phase operating by December 2026 and completion by the third quarter of 2028, with $12 million a year in lieu of taxes. No account gives a permanent-jobs figure.

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Project Jupiter remains on our planned schedule. We are fully committed to New Mexico and confident in our path forward.

— Oracle

Oracle’s statement to CNBC after its force majeure notice on the New Mexico campus became public. The developers’ agreements with Doña Ana County set completion for the third quarter of 2028.

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California Makes Water the Condition of a Data-Centre Permit

Governor Gavin Newsom signed seven data-centre laws on 21 September, most effective 1 January 2027. Under AB 2469 no city or county may approve a permit that raises a data centre’s peak water use unless the applicant files a water supply assessment and pays for the water infrastructure the supplier says is needed, at any size. AB 2619 requires a water-use estimate under penalty of perjury before a first business licence, and actual use at each renewal; AB 1577 sends annual energy data from sites of 10 megawatts or more to the state energy commission, which will publish it only in aggregate. None is a moratorium. This is a law firm’s summary for developers, not the bill texts.

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Virginia Bans Its Own Agencies From Signing Data-Centre NDAs, and Closes the Fast Lane

Governor Abigail Spanberger signed Executive Order 22 on 18 September. Two provisions bind at once: state agencies may no longer sign or enforce nondisclosure agreements on a proposed data centre, and the state’s economic-development arm may not help any new project of 25 megawatts or more through its site-readiness or expedited-permitting programmes. The rest orders work, not rules — a planning toolkit for localities in 120 days, reviews of backup generators, noise and water-scarce areas in 180, a tiered rating by the end of 2027. The order contains no moratorium, no setback and no water reporting, and leaves the sales-tax exemption alone; the state Senate’s president pro tempore, a Democrat, puts that at $2 billion. Extending the NDA ban to localities, and requiring local approval above 25 megawatts, need the legislature, which sits in January.

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Indianapolis Grants $240 Million in Tax Breaks, a Month After Halting New Data Centres

Indianapolis’s Metropolitan Development Commission approved $240 million in tax abatements on 16 September for a two-building Sabey campus of up to 250 megawatts in Decatur Township — about $83 million for Sabey and $157 million for an unnamed tenant, against a projected $4.3 billion investment. No permanent-jobs figure was reported, and residents’ petition for judicial review is pending. The same commission voted in August to bar approval of new data centres until the end of 2027. In Wisconsin, four Republican legislators proposed repealing a sales-tax exemption that the state’s fiscal bureau says has saved developers $1.5 billion; it cannot be taken up before January.

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Hundreds of Moratoria, and About Two Gigawatts Actually Delayed

SemiAnalysis tallies more than 300 enacted local moratoria in 17 states, but estimates they have genuinely delayed about 1.5 GW of planned capacity — 7.6 per cent of the roughly 20 GW inside a restricted boundary, nearly all of it three projects — and New York’s permit pause a further 0.8 GW. A moratorium, it notes, freezes new applications; it does not revoke approvals. Relae counts 46 projects “blocked, withdrawn, or stalled” since January 2024, worth more than $170 billion in announced investment. One counts megawatts and the other announced dollars, both from proprietary data, and each firm sells services built on its numbers.

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Philadelphia Says No to Two Buildings Nobody Has Applied to Build

More than a hundred people launched a ‘No Data Centers in Philly’ campaign at City Hall on September 14, opposing two sites city officials have identified — one in Northeast Philadelphia, one in Grays Ferry. Neither has a formal construction proposal. Moratoria have been approved in Denver, Indianapolis, Asheville, Charlotte and Reno, and New York’s governor signed an order in July temporarily barring new state permits for large projects. The opposition is arriving before the applications do. On 16 September the mayor created a task force of city agencies to report by 30 June 2027; it is not a moratorium, and officials say neither site has a proposal yet.

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Texas Says Data Centres Broke the Law by Not Reporting Their Water

Governor Greg Abbott told the Texas Water Development Board on 14 September that major water users, “including data centers, appear to have committed civil and criminal violations” by not returning the state’s water-use survey, due on 1 March. He directed the board to enforce what the Water Code already provides: referral to prosecutors, and ineligibility for state water permits. Neither the letter nor the board says how many data centres failed to file. A week later his office added that projects “must not use water needed by local communities” and must observe setbacks, defining neither, and said he would work with the Legislature next session “to eliminate any financial incentives for data centers”.

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A Majority of Republicans Now Oppose a Data Center Nearby

Opposition has crossed into the coalition of the buildout's loudest supporter. An NBC News Decision Desk poll taken between 20 August and 1 September found 69 percent of respondents opposed to an AI data center in their local area, 45 percent strongly — and opposition holding in every partisan group: 81 percent of Democrats, 71 percent of independents, 57 percent of Republicans. That tracks the 71 percent Gallup measured in May, and settles what earlier surveys left open: this is not a partisan issue. In Buchanan County, Iowa, which voted 63-35 for the President, a Republican supervisor backed a moratorium.

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What the Buyers Are Buying Is Power

Six weeks of consolidation through the data centre supply chain: Vertiv agreed to buy UtilityInnovation Group for about $1.45 billion, reaching into microgrids and on-site generation; Flex agreed to buy EPC Power for $4.4 billion, adding power conversion for 800-volt architectures; MasTec completed a $1.65 billion purchase of The Superior Group; Limbach took CYMCOR for about $30 million; and T5 Services split, its construction arm becoming EverOn while Salute agreed to buy its operations business. Every figure is a party’s own announcement. Uptime Institute’s 2026 survey found more than half of operators struggling to hire.

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A Data-Center Moratorium Becomes a Governor's-Race Platform in Florida

Florida Democratic gubernatorial nominee David Jolly, who vows a one-year construction moratorium if elected, said '70, 80% of people across Florida are saying don't build data centers.' PolitiFact rated it Mostly True: five 2026 Florida polls range from 49% to 89% opposed depending on question wording — a nonpartisan University of North Florida poll Jolly cited found 68% opposed, a Change Research poll found 79%, and an industry-aligned AIF poll framed around tax relief and jobs found 64% in favor. It corroborates, at state and electoral scale, the national opposition this page recorded via Gallup in May. Separately, New Hampshire Governor Kelly Ayotte said on September 2 she will propose a multi-year statewide moratorium in her next budget, opposing a reported hyperscale project in Bow.

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A Federal Board Halts a Data Center on Public Land, Because Its Environmental Review Was Written for a Solar Plant

The Interior Board of Land Appeals stopped construction of the 167-megawatt Townsite Data Center on federal land near Boulder City, Nevada on 1 September. The Bureau of Land Management had approved it in June without a new environmental study, reusing the 2023 assessment written for a 19-megawatt solar plant that was never built on the site, reasoning that the two were "essentially like" each other. Boulder City, the Center for Biological Diversity and the Sierra Club appealed and are likely to win, the board found: "a 300,000-square foot data center is a different project from a 19-MW solar power generating facility." Folding the solar plant's twelve-month build and the data center's eighteen into one "12-18 months" range, it added, masked a possible 50 percent increase in construction impacts. BLM had invoked the 2025 executive order directing agencies to speed data centers onto public land. The record is due 21 September.

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Data Centers Are the Only Building America Is Doing More Of

Census figures released on 1 September put data center construction at an annual rate of $75.2 billion in July, up 6.2 percent in a month and 57.2 percent on July 2025, while all private construction fell 5.5 percent. They are now most of the office category that contains them, $75.2 billion of $123.3 billion; strip them out and the rest of it fell 11.3 percent. The measure counts work actually put in place, so it records building rather than announcement. It counts only the shell: Cushman & Wakefield puts construction at roughly a fifth of a data center's all-in cost.

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The only reason that communities throughout the U.S.A. should not want Data Centers is if they want to end up being backwards and poor. If they want to be successful and rich, with far lower taxes and jobs all over the place, let Data Reign.

— Donald Trump Mixed

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The Guardiantheguardian.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.NBC Newsnbcnews.com85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.NJ.com (Advance Local)nj.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Amazon Backs Off a Virginia Water Permit After the State's Own Aquifer Warning

Amazon is withdrawing an application to renew a Potomac-aquifer groundwater permit (up to 6.4 million gallons a year, for non-cooling uses) at its planned Birchwood Drive campus in King George County, Virginia, after a Virginia DEQ report found groundwater east of Interstate-95 'declining [in] availability in the near future' and a state senator publicly urged DEQ to deny it. Amazon said it is 'looking at alternatives' and investing in reclaimed water. It is the first recorded instance of a hyperscaler retreating from a specific water permit because of a state agency's own primary finding rather than public pressure alone — the DEQ report separately prompted a bipartisan call for a special legislative session on the aquifer.

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Maryland Mattersmarylandmatters.org75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Virginia Mercuryvirginiamercury.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Atlanta Overtakes Northern Virginia in Data-Center Construction

CBRE's H1 2026 market report found primary-market data-center capacity under construction hit a record 7,481 MW nationally (up 24.8%), with vacancy at a record-low 1.4% — and for the first time, Atlanta overtook Northern Virginia as the top US market by construction volume: 2,882 MW under way (up 52.3% year over year) against Northern Virginia's 2,420 MW, whose growth CBRE attributes to land and permitting constraints. CBRE flagged local opposition and zoning delays as now as decisive to site selection as power availability — a real-estate-market confirmation, independent of any single developer's claims, of how far and how unevenly the buildout has actually progressed.

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CBREcbre.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.The Atlanta Journal-Constitutionajc.com82% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

New Jersey Makes Data Centers Report What They Use, and Takes Back the Money That Drew Them

New Jersey became the first state to make data centers tell a regulator what they consume. A law Governor Mikie Sherrill signed on 27 August requires every owner and operator to file semi-annual reports with the Board of Public Utilities covering total energy use, the electricity drawn by IT equipment and by cooling, peak daily water use, water sources, and on-site and backup power. The figures are self-reported, no audit is written into the statute, and a carve-out limits access to them under the state's public-records law. The same day she signed the End Data Center Tax Credits Act, blocking the unawarded $250 million of a $500 million incentive created in 2024. The one award already made stands: up to $250 million to CoreWeave for a $1.8 billion, 250-megawatt campus in Kenilworth projecting 143 permanent jobs. More than 50 New Jersey municipalities have already banned or paused the facilities.

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Nvidia Buys Into a Developer That Promises to Turn Its Power Down

Lancium will deploy Nvidia's AI-factory technology across what the Texas developer says is 4 GW of leased capacity and more than 15 GW of powered land in development, using Nvidia's DSX designs and power-management systems — including equipment meant to adjust a facility's draw in response to grid conditions. Nvidia is also taking an undisclosed stake in Lancium, which Blackstone backs. The capacity figures are the developer's own and unaudited. The grid-responsive design is what to watch: a datacentre that throttles on a grid signal is a different object, for ratepayers and planners, from one that does not.

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Data Center Knowledgedatacenterknowledge.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Gas Capacity Planned for Data Centres Doubled in Six Months, to 189 Gigawatts

Global Energy Monitor's half-year update finds US gas-fired capacity in development up 50 percent since January, from 252 to 378 gigawatts — about a third of the world's total — of which 189 GW is planned specifically to power data centres, nearly double the 97 GW it counted at the end of 2025. Texas alone has 122 GW in development, more than any country on earth, and 77 GW of that is for data centres. Built in full, the US gas fleet would grow by roughly two-thirds at a capital cost GEM puts above $647 billion. Two words carry all the weight: in development, meaning announced, pre-construction and under construction together. GEM's own release supplies the reason to doubt the total — the three main turbine makers report rising backlogs and multi-year lead times.

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Down To Earthdowntoearth.org.in75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Memory Is on Course to Be Most of What the Buildout Buys

The buildout's biggest line item is becoming the memory, not the accelerator. TrendForce reported on 25 August that server DRAM contract prices rose a cumulative 64 percent in the second half of 2025, and expects roughly another 270 percent across 2026. On its estimates DRAM and NAND flash together take 47 percent of the major cloud providers' capital spending this year and 68 percent next. Suppliers are steering scarce capacity to servers: high-bandwidth memory and server modules alone are put at 51 percent of DRAM bit supply. The 2027 shares are projections, not observed prices.

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The Energy Department Puts a Number on the Grid the Buildout Needs

The Department of Energy's draft National Transmission Needs Study, out for comment until 7 September, says the country has moved from decades of flat demand to unprecedented load growth, and names hyperscale AI datacentres first among the causes. It finds a pressing need for new transmission; that most congestion is concentrated in five percent of the hours; and that MISO, SPP, PJM and ERCOT have each recently approved among their largest transmission portfolios ever, MISO's 2024 approval being the biggest in US history. At the Missouri feedback session on 24 August, the figures attached were roughly 4,000 miles of line needing replacement every year for decades, a network mostly built in the 1960s and 70s, and projected US electricity consumption up 16 to 25 percent by 2034. It is a draft in consultation, not a finding, and it says explicitly that it does not propose solutions.

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U.S. Department of Energyenergy.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.KBIAkbia.org75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
Operators of forthcoming AI data centers will pay their fair share of grid costs — pointing to the President's voluntary ratepayer protection pledge, signed by technology companies, utilities and governors.

— Katie Jereza

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KBIAkbia.org75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Memory Prices Reach the Servers: Nvidia Systems Up More Than 15 Percent

The memory squeeze has arrived at the price of a rack. Bloomberg reported on 22 August that contract manufacturers building servers for Microsoft, Google and Oracle have told customers that Nvidia-based systems shipping early next year will cost more than 15 percent more, with the increase varying by chip generation and memory configuration and applying to Vera Rubin and Grace Blackwell machines. The cause is DRAM: an accelerator's usable performance depends on how much memory it is paired with, and Samsung, SK Hynix and Micron — between them most of world DRAM output — have unprecedented leverage over buyers who cannot substitute. This is a capital cost climbing into the buildout's capex rather than a demand signal, and it is not confined to AI: Apple and Qualcomm have both said chip shortages are forcing their prices up.

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Yahoo Financefinance.yahoo.com60% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Data Centres Turn Up on the Ballot

Opposition to AI data centres has become an electoral position with less than three months to the US midterms. On the day of Florida's gubernatorial primaries — won comfortably by Representative Byron Donalds — data centres were a central issue; Donalds introduced a Protecting Ratepayers Act in July to put development costs on private developers rather than taxpayers, and was congratulated on his win by Leading the Future, the Marc Andreessen-backed AI political action committee that had financially backed him. Both facts stand together. The same day, Pennsylvania's governor Josh Shapiro signed an executive order imposing strict standards on data-centre development in his state.

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CNBCcnbc.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

A Public Utility Writes the Gas Into Its Plan

The Tennessee Valley Authority's board approved its 2026 Integrated Resource Plan on 20 August, alongside a budget carrying a $3.5 billion gas plant and roughly $13 billion of grid investment over three years. The Sierra Club, which opposed it and is an interested party, says the plan sets up an overbuild of gas to serve AI data-centre demand while shrinking the renewables programme; TVA's own IRP document has not been read here. The distinction worth holding: this is a utility building generation for grid-served load, not a data centre building generation for itself. It arrives in the same week TVA put data centres in a separate, higher rate class.

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Sierra Clubsierraclub.org55% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Chattanooga Times Free Presstimesfreepress.com78% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Opposition hardens into rules: a governor conditions every permit, a big metro bans the lot

The pushback recorded across the summer began converting into binding government action at two levels within two days. In Pennsylvania, Governor Josh Shapiro signed Executive Order 2026-05 directing the state environmental agency to review a data-centre permit only where the developer has made a legally binding commitment to a set of "Responsible Infrastructure Development" standards — on energy affordability, environmental protection, transparency and community engagement — and has already won local approval; the order pulls all AI data-centre projects out of the state's fast-track permitting program and forbids nondisclosure agreements on them. A day later, on 19 August, the Indianapolis Metropolitan Development Commission voted 6-0 to bar approval of any new data centre in Marion County, Indiana until at least 31 December 2027, effective immediately, and to convene a residents-and-experts panel on size, height, noise and environmental limits before zoning resumes. One is a statewide condition on permitting, the other a hard local pause in a metropolitan county of a million people; together they mark opposition moving from sentiment into instruments a developer must clear.

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Commonwealth of Pennsylvaniapa.gov85% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.WFYI (Indianapolis NPR)wfyi.org82% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Opposition to a nearby data centre rises twelve points, and it is close to the only AI question that moved

The Annenberg Public Policy Center's survey of 1,320 American adults, fielded from 16 June to 19 July, found 61 percent opposed to the construction of new data centres in their area — 44 percent strongly — against 14 percent in support, compared with 49 percent opposed and 21 percent in support in the survey ending in March. The twelve-point move is the largest shift on any artificial-intelligence question the centre has measured in these surveys, and it is close to the only one: over the same four months Americans' expectations of AI's effect on the country were statistically unchanged, with 39 percent still expecting a negative decade, and the two-thirds who say government has done too little to regulate AI did not move either. What shifted was the building, not the technology. Opposition crosses party lines — 69 percent of Democrats, 54 percent of Republicans, 53 percent of independents — and is highest among adults under 30 at 70 percent, falling to 57 percent among those 65 and over, the reverse of the usual pattern for a new technology. It also survives familiarity: heavy AI users are far less negative about AI in the abstract than non-users, 29 percent against 54 percent, but data-centre opposition is flat across usage groups at 64, 60 and 60 percent. The absolute level is instrument-dependent and should be read with care — Gallup's telephone survey in March put local opposition at 71 percent where Annenberg's comparable spring reading was 49 — so it is the movement within one instrument, not the number, that is the finding. It is arriving in council chambers. On 17 August three North Carolina local governments took up pauses in a single day: Greensboro a 120-day moratorium on facilities drawing more than 10 megawatts, having rejected one 5-4 in July; Yadkin County a twelve-month moratorium covering data centres, cryptocurrency mining and associated uses its ordinance says are “not yet defined”; and Alamance County a hearing on the two-year pause requested by the North Carolina Environmental Justice Network and the Haw River Assembly, to allow a land-use study and confirmation that the water supply is adequate for the homes and farms already there. Two days earlier a developer withdrew an annexation request for a data centre in southeast Raleigh after opponents filled all thirty public-comment slots at the scheduled hearing. Surry County had approved 24 months in July, and an Elon University poll of 800 North Carolina adults at the end of July found 53 percent opposed against 20 percent in support, up from 44 percent opposed in March. How far this has gone is itself disputed: NC Newsline puts it at more than twenty North Carolina local governments with moratoriums, while a tally by Frank Muraca, a former state commerce department analyst, gives ten counties, seventeen cities and the Eastern Band of Cherokee Indians, with terms from one year to 32 months — the longest state law allows without legislative approval. Nationally, Jeremy Solomon of Learnewable, which sells analysis of county ordinances and so has an interest in the count, puts roughly one in seven of the 3,144 US counties under some form of restriction and says developers are shifting toward lower-population counties in the Upper Midwest, Colorado, Wyoming and Alaska.

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Annenberg Public Policy Centerannenbergpublicpolicycenter.org88% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.NC Newslinencnewsline.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.NC Newslinencnewsline.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Alabama Reflectoralabamareflector.com75% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

A card maker's accounts show the memory squeeze arriving as margin

PC Partner, which makes the Zotac, Inno3D and Manli graphics cards, filed half-year accounts to 30 June that put numbers on what the AI buildout's demand for memory is doing downstream of it. Own-brand card revenue fell 9.2 percent to HK$4.46 billion on units down 18.4 percent, with a 10.7 percent higher average selling price making up part of the gap; the company reports a further supply constraint on both processors and graphics memories through the second quarter, and cut work in progress by 68.8 percent on reduced output. It shipped less and earned more: group revenue was near flat at HK$6.45 billion, up 1.5 percent, while gross margin rose from 10.5 to 16.5 percent and profit attributable to owners more than doubled, up 117.9 percent to HK$545.5 million, as raw materials fell from 87.1 to 81.7 percent of sales. One line looks like a price surge and is not — contract manufacturing revenue rose 73.9 percent on an average selling price up 181 percent, but units fell 38.4 percent and the filing attributes the change to being awarded more orders for high-end boards, which is a change of mix rather than of price. The company also blames long lead times and limited availability of processors and memory for declines in its other businesses, without quantifying any lead time. A second account of the same market disagrees with the first on volumes. Jon Peddie Research reports consumer add-in board sales up 28 percent year on year in the first quarter of 2026, from 9.25 to 11.82 million units, with point-of-sale dollars up 76 percent from $6.18 to $10.85 billion, and Jon Peddie suspects board makers are “taking advantage of all of the press reports on higher memory prices and shortages to raise AIB prices more than the delta in memory costs.” The two are not strictly contradictory — an industry-wide retail tracker against one manufacturer's own shipments — and neither side reconciles them. The harder evidence for Peddie's suspicion is in the filing rather than his tracker: margin expanded by six points on flat revenue and falling volume.

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PC Partner Group Limitedpcpartner.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Tom's Hardwaretomshardware.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.
Graphics memory costs will rise further and substantially increase graphics card costs in the second half of the year, with entry-level cards facing more severe shortages and availability declining further.

— PC Partner Group Limited

PC Partner's outlook to shareholders alongside its half-year accounts, from a manufacturer whose own margin has just expanded on the same conditions it forecasts — an interested party's view of its own market, recorded as such. Its wording on the entry-level segment: “Beyond the price increases, entry-level VGA Cards are expected to face even more severe shortages, which may further drive ASP upward in the second half of FY2026.”

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One of the largest campuses yet lands on an old atomic site in rural Ohio

OpenAI agreed to take about 8 gigawatts-IT at the PORTS-Pike Technology Campus in Pike County, Ohio, on the grounds of the decommissioned Portsmouth gaseous-diffusion plant. SB Energy will build, own and operate the site under a 20-year lease to OpenAI; NVIDIA will be the exclusive compute provider, guaranteeing land, power and shell for an initial 4.25 IT-gigawatts with an option on the remaining 3.75, and investing $1.5 billion in SB Energy. The parties put the buildout at six years, through 2032, with 35,000 construction jobs and 2,500 permanent ones, an $80 million community fund and $84 million in ChatGPT Codex credits for Ohio students. OpenAI says the campus will pay its own energy and grid-upgrade costs "not shifted to Ohio or other ratepayers," use closed-loop air cooling drawing water "comparable to an office building," and publicly report expected water use once designed — the same self-funding, low-water framing operators now attach to every large campus, and each of those claims is a filing the record will test rather than a fact yet established.

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OpenAIopenai.com65% credibilityEarned from 5 checked claims.NVIDIAnvidianews.nvidia.com65% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Axiosaxios.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

The industry answers the moratoriums with advertising that does not say who paid for it

A group called North Carolina Connects has spent about two months running television, radio and social-media advertising in favour of data centres without disclosing that it is backed by the Data Center Coalition, the Virginia trade association whose members include Amazon, Microsoft and Google. The coalition has formed comparable non-profit groups in Ohio, Virginia and Texas, whose websites resemble one another and carry no contact information beyond an online form, and its own revenue has grown from $304,000 at its launch in 2019 to $4.6 million in 2024 on federal tax records. Asked about the link to the North Carolina group, the coalition's executive vice-president for state policy, Dan Diorio, kept his camera off, declined to answer and directed the reporter to a written statement. A second market has formed alongside the first, in watching the opponents rather than persuading them. The American Prospect, which obtained the document, reports that RANE Network sent federal energy regulators a product solicitation in March 2025 offering an assessment of “rising anti-technology sector sentiment” and its implications for the agency; that Liferaft, an online surveillance firm owned by the security company Securitas, published a report on 31 July summarising months of monitoring of social-media and forum posts it characterises as threats to AI infrastructure and executives; and that Kroll has begun selling data-centre operators risk intelligence covering public controversy, labour tensions, executive visibility and activism. Nothing on the record says the regulator responded to or bought RANE's offering, and no operator is named as a client. What the campaigns are not doing is publishing numbers. In North Carolina a data centre need not disclose its employment even when it takes a tax break: Google signed an agreement with the city of Lenoir designating its job figures a trade secret, and Amazon has told Richmond County officials that 500 people will eventually work at its Hamlet campus, with no date and no mechanism to check it. Developers routinely require host governments to sign non-disclosure agreements. Amazon asked the state's Division of Air Quality to keep details of an air-permit application confidential and relented only when regulators questioned the reasoning; Microsoft said in the spring that it would stop requiring the agreements and terminated existing ones, including with Person County. The coalition acknowledges that operators keep some operational details confidential and says the industry is working out what to release.

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The data-centre industry created one million direct jobs in the United States in 2024, plus 4.5 million indirect and induced positions.

— Data Center Coalition

The Data Center Coalition's headline economic claim, from a PwC study it commissioned and which calculates the figures from federal labour data. The national numbers come with a North Carolina cut — 24,000 direct and 107,000 indirect and induced — and the indirect total is characterised as 56 percent service jobs and 10 percent in real estate, finance and insurance. The coalition says it paid for the study but did not dictate its method or results.

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The subsidy consensus cracks: states start pulling back data-center tax breaks

The bargain host states have offered the buildout — tax exemptions in exchange for investment — began to unwind in the 2026 legislative sessions. At least 25 states introduced bills to repeal or restrict data-center tax subsidies and eight enacted them, according to the Center on Budget and Policy Priorities, with Maine the only state to fully repeal all available subsidies; its new law removes data centers that begin operating on or after 1 August 2026 from eligibility for the business-equipment tax exemption. Where legislation stalled, governors moved by executive action: Illinois's J.B. Pritzker paused new agreements under the Data Center Investment Program from 1 July, Ohio's Mike DeWine paused the state's sales-tax exemption for new projects, Massachusetts's Maura Healey halted applications and issued a protective framework, and Nebraska's Jim Pillen blocked data centers from the state's main business-incentive program. Washington eliminated its sales-and-use exemption for urban data centers qualifying through refurbishment, and North Carolina repealed its electricity sales-tax break while keeping equipment incentives. The context is fiscal: some 40 states offer data-center subsidies, ten of them losing over $100 million a year each and Texas and Virginia each over $1 billion, while at least 14 states do not disclose the cost; legislators filed more than 300 data-center bills across 41 states in 2026, roughly double the prior year. Arizona went furthest of the executive actions: Governor Katie Hobbs signed a three-year freeze on new applications and renewals under the state's 2013 data-center incentive as part of an $18.3 billion bipartisan budget, effective 1 July, which her office puts at $57 million in avoided cost. The programme it suspends exempts developers from tax on equipment purchases if they invest $50 million in a larger county or $25 million in a smaller one within five years, for ten years or twenty if the project qualifies as sustainable redevelopment — and the fortnight before the gate closed produced the clearest measure yet of what these exemptions are worth to the industry. The Arizona Commerce Authority received 113 applications between 15 and 30 June, all but matching the 123 it had taken in the previous thirteen years, since the programme opened in August 2013. Eighty-three of those earlier 123 were approved; the new batch was still inside the authority's 60-day window at the time of reporting, and the authority said many were for facilities at sites that already host data centers. The Data Center Coalition's Arizona lobbyist, Russell Smoldon, called the rush "a little bit of panic" and speculated most would not become real data centers — an industry reading of the industry's own filings, and unverified. In North Carolina the electricity exemption repealed in early July had been worth as much as $2.2 million a year to a project drawing 100 megawatts, on state Commerce Department figures; the equipment exemption that survived is worth more than $45 million a year that would otherwise reach state and local government. The trend is not universal — Kentucky expanded its sales-and-use exemption in 2024 and 2025, drawing what one tax attorney called 'dozens' of new projects — but the direction in most statehouses has turned from courtship toward re-opening the arithmetic.

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Texas freezes new data-center grid connections pending a project-by-project audit

Texas Gov. Greg Abbott directed the Public Utility Commission of Texas and ERCOT to conduct a comprehensive verification and audit of every data center advancing through ERCOT's interconnection process, and barred any such project from proceeding until its audit is complete — with non-compliant projects to be denied a grid connection outright. It is a statewide freeze on new data-center interconnections in the largest US load region, and it lands against an interconnection queue that has swollen past accounting: ERCOT is weighing roughly 474 gigawatts of interconnection requests, about 90 percent of them data centers and more than five times the state's record peak demand. The audit must document, for each project, its tax incentives, whether it draws on on-site or grid power, its water sourcing and cooling, its community-impact mitigation, and its ownership. The order builds on Abbott's 10 June directive to "shield Texans from data-center infrastructure costs," but this is the harder instrument — the queue is the ground truth of the buildout in Texas, and the state has now stopped it moving until each entry proves itself real. The approval pause is a land-use and consent action even though its motive is grid strain; what a household's bill will do sits with the grid and its regulators, not here. On 14 August, at an emergency meeting of the utility commission — the first public discussion by the regulator and the grid operator since the pause was ordered — ERCOT put a size on the exercise: the audit will cover roughly 250 to 300 projects, most of them data centers, representing about 200 gigawatts of future demand, more than twice the record peak the Texas grid set in July. ERCOT has also asked to hold back the notifications it was due to send developers in the first tranche of its Batch Zero interconnection study, while still aiming to finish that study on its original April timetable, and says the audit will take several months. Both institutions played down the novelty of the order — general counsel Chad Seely said the letter "really" means "moving that verification process now to the front of the line before we begin the interconnection study process," and commission chair Thomas Gleeson said its goal "is to provide more certainty and confidence in the Batch Zero process" — which is a reordering of work already planned rather than a new test. The queue behind it is the reason the reordering matters: more than 1,800 individual projects, 90 percent of them data centers, and both ERCOT and data-center company representatives now say plainly that many will never be built for want of financing or a tenant who has agreed to lease server space. The queue has grown large enough that ERCOT has stopped issuing demand forecasts against it.

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Office of the Texas Governorgov.texas.gov83% credibilityEarned from 1 checked claim.Office of the Texas Governorgov.texas.gov83% credibilityEarned from 1 checked claim.The Texas Tribunetexastribune.org80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Troutman Peppertroutman.com60% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.The Texas Tribunetexastribune.org80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

A Record 25 Gigawatts Absorbed, and Three Quarters of It Outside the Old Hubs

North American data centre absorption hit a record 25 GW in the first half of 2026 — twice a year earlier, five times two years earlier — with vacancy around 1 per cent, on JLL’s count. The structural number is the third one: **77 per cent of capacity now under construction sits outside the industry’s traditional primary markets.** The buildout has left the places that were built for it, which is why it keeps arriving in towns that have never negotiated with a hyperscaler.

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Data Center Frontierdatacenterfrontier.com68% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

Earlier this year

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One fault takes more than 3 GW of data centers off the grid in seconds

A transmission line fault in Ashburn, Virginia — “Data Center Alley”, the world’s densest concentration of data centers — caused hyperscale facilities to transfer automatically to backup power, removing more than 3 GW of demand from the PJM grid within seconds, about 3% of system demand at the time, and producing a measurable voltage and frequency disturbance across a grid reaching from the Mid-Atlantic into the Midwest. PJM reported no reliability impact; at the time it had published no event analysis and had not disclosed the fault’s cause, though its 6 August Operating Committee review later did (see below). Dominion Energy said the utility shed no load and disconnected nobody: “the data centers’ own control systems transferred them to backup power for a very short period of time.” That is consistent with the primary record. NERC’s January 2025 incident review of a comparable July 2024 event in the Eastern Interconnection found approximately 1,500 MW of loss, all of it disconnected on the customer side, all of it data-center-type load; about 1,260 MW did not return for hours. The mechanism NERC documents is not a simple voltage trip but a counter: a protection scheme tallies voltage disturbances, and typically three within a minute sends the facility to backup power until someone reconnects it manually. A three-attempt automatic reclosing sequence on the faulted line produced six faults in 82 seconds. NERC also notes its own glossary defines load loss in two ways that both explicitly exclude this kind of customer-initiated reduction — which is how a 3 GW disappearance and “no load was shed” can both be true — and states that there are currently no voltage ride-through Reliability Standards for large loads at all. Its March 2026 white paper found the existing standards inadequate for integrating loads of this kind; responses to a Level 3 Essential Action Alert are due 3 August 2026 and an initial standard is expected by year end. Three weeks earlier PJM had issued its first-ever backup-generator warning during a heat wave; no generators were dispatched. Against the 1,500 MW of July 2024, the July 2026 response is roughly double. PJM's 6 August Operating Committee review fixed the figures: about 3,800 MW disconnected in two waves — 2,970 MW, then a further 1,099 MW as the resulting high voltage propagated — the largest such event in PJM's history, with overall load falling from 99,984 to 96,205 MW and the balancing-area control error recovered within nine minutes against a 30-minute standard. Its operating-committee chair said the loads are simply too sensitive: “this was a normally cleared fault; they should not disconnect from the grid.” On 11 August PJM said it had begun writing ride-through and other interconnection requirements for computational loads — but the mandatory NERC computational-load standards FERC ordered, due in a first phase by 31 December 2026, will not include the minimum voltage and frequency ride-through envelope until 2027, after much of the load is connected.

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Data Center Knowledgedatacenterknowledge.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.North American Electric Reliability Corporationnerc.com90% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Data Center Frontierdatacenterfrontier.com68% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.PJM Interconnectioninsidelines.pjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.PJM Interconnectionpjm.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.Utility Diveutilitydive.com70% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

New York becomes the first state to pause data centers — more narrowly than reported

Governor Kathy Hochul signed Executive Order No. 62, the first statewide pause on data-center development in the United States. Two legal readings of the Order’s text describe something considerably narrower than the wire coverage of it. The Order holds in abeyance the Department of Environmental Conservation’s <em>discretionary</em> permits for facilities consuming 50 megawatts or more; it expressly does not reach permits, approvals or licenses from local governments, so site plan approval, zoning relief and municipal building permits continue on their normal track; it exempts applications already deemed complete before 14 July; and it ends not on a calendar date but when the Department of Public Service submits a Generic Environmental Impact Statement, with the one-year figure a target rather than a term. The Associated Press described the same instrument as “an order banning construction of large server warehouses in New York for a year” and Al Jazeera as a “one-year moratorium on new data centre construction”. The Order displaced the Responsible Data Center Development Act, which both houses passed in June at a 20 MW threshold and which Hochul has not signed. Roughly 12 GW of data-center load sits in the NYISO interconnection queue, more than 8 GW of it added during 2025, on the governor’s office’s figures. Three dated checkpoints follow: Empire State Development opens a Community Investment Framework for comment by 13 August, DPS must stand up a Data Center Interconnection Working Group by 12 September, and DPS must report to the Public Service Commission on transmission owners’ large-load study practices by 12 October. The Order’s own text could not be retrieved — governor.ny.gov returns HTTP 403 and no archived copy exists — so every account of it here is second-hand.

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Meta’s Hyperion balloons to 5 GW and more than $50 billion

Meta announced it is expanding the Richland Parish “Hyperion” project to 5 gigawatts of compute at a cost of more than $50 billion — a five-fold price escalation from the $10 billion announced 19 months earlier. Meta projects over 7,500 peak construction workers and 1,000 operational jobs, and points to more than $1.6 billion in local contracts, over $1 billion in infrastructure, and up-to-$50,000 teacher bonuses. A company spokesperson said the site should reach 2 GW by 2030 and the full 5 GW by around 2032.

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Meta AIabout.fb.com54% credibilityEarned from 2 checked claims.Metadatacenters.atmeta.com58% credibilityEarned from 1 checked claim.CNBCcnbc.com80% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

The glut reverses: on-demand GPU capacity sells out again

Within a year of the price collapse, the compute market flipped back to shortage. On-demand rental capacity was effectively sold out across GPU types; H100 one-year contract pricing had rebounded to $2.35/GPU-hour (up ~40% from an October 2025 low of $1.70), and customers were paying up to $14/GPU-hour for AWS B200 spot instances. New Blackwell (GB200/GB300) deployments slipped into mid-year, with cloud capacity booked out through late 2026 — driven by surging inference and agentic workloads.

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U.S. electricity demand breaks two decades of flatness

The EIA’s data showed U.S. electricity demand grew about 1.7% a year from 2020 through 2025 — after growing just 0.1% a year from 2005 to 2019 — with data centers the primary driver. After a generation of flat load, the AI build-out had bent the national demand curve upward, the single clearest measured signal that the physical build-out is reshaping the grid.

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U.S. Energy Information Administrationeia.gov95% credibility · not yet testedAn opening estimate from its institutional history — none of its claims checked yet.

A causal study finds data centers create almost no permanent jobs

Ball State economist Michael J. Hicks, using a staggered difference-in-difference analysis of Texas data centers, found the net local employment effect of a new data center is statistically indistinguishable from zero — the only significant effect being roughly 195 temporary construction jobs. He concluded that tax incentives for data centers cannot be justified on job-creation grounds and recommended governments suspend them — a primary empirical rebuttal to the core promise host communities are sold.

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Amazon opens Project Rainier — the largest non-NVIDIA AI cluster

Amazon unveiled Project Rainier, an $11 billion, 1,200-acre campus near New Carlisle, Indiana, dedicated to training Anthropic’s Claude models and running roughly 500,000 Amazon Trainium 2 chips — the largest known deployment not built on NVIDIA silicon, with a target of 1 million chips by year-end. Fully built out, the site is planned for 30 buildings and more than 2.2 gigawatts. At peak, over 4,000 construction workers a day were arriving in a town of about 1,900.

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Earlier

17

Stargate: a $500 billion bet on American compute

OpenAI, Oracle and SoftBank announced the Stargate Project at the White House — a stated commitment of up to $500 billion and 10 gigawatts of new U.S. AI data-center capacity. Announced as the single largest private compute build-out ever proposed, its headline figure was a commitment, not money spent; the rest of the year would test how much of it turned into energized concrete.

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OpenAIopenai.com65% credibilityEarned from 5 checked claims.OpenAIopenai.com65% credibilityEarned from 5 checked claims.
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