primary verified
RM26-4-000
FERC large-load interconnection ANOPR, including data centers and co-located/flexible load.
Watch for Commission action by end-June 2026.
Forecasts
AI campus power claims need a docket check.
Our analyst team turned the forecast into a 31-page diligence dossier: verify or refute whether announced AI campuses can actually energize.
The broad insight, data-center power is scarce, is now public. The sharper product is more useful: test the exact power story attached to a site before capital treats it as real.
Bad pitch
Power-secured AI campuses win.
Better pitch
Prove whether a claimed power-secured campus survives primary-source diligence.
Hard label rule
No row can be called power secured unless primary or official sources verify MW, counterparty/offtake, interconnection or behind-the-meter path, and permit/regulatory status.
leadsource verifiedcontesteddemotedinterconnection risk
Docket spine
These are the public record surfaces that make the product concrete. The work starts where the press release stops.
primary verified
EL25-49 / AD24-11 / EL25-20
PJM co-located load rules, behind-the-meter netting, transmission service, and rate design.
Track compliance and paper-hearing replacement-rate issues.
contested
ER24-2172
PJM/Susquehanna/Talen/Amazon ISA amendment; FERC rejected amendments on 2024-11-01.
Watch appellate review and generic PJM co-location dockets.
primary verified
ER26-1088
PJM 30-day compliance filing from EL25-49; FERC accepted in part and rejected in part.
Track further compliance after the 2026-04-16 order.
pending
ER26-1479
PJM 60-day co-located load tariff revisions filed 2026-02-23.
Await FERC merits order.
Sample rows
The sample set already has one crucial correction: Talen/Amazon is not clean proof. It is the flagship contested row in a 12-row project ledger.
PJM, Pennsylvania
contestedAWS / Talen Susquehanna data campus
- Verified capacity
- Large co-located load tied to Susquehanna nuclear; larger multi-phase claims stay live but not clean.
- Why it matters
- Core refutation case: commercial story exists, but FERC rejected the ISA amendment.
- Next check
- Pull ER24-2172, related appeals, and later PJM/FERC filings before using any MW claim.
PJM, Pennsylvania
restart caseConstellation / Microsoft Crane Clean Energy Center
- Verified capacity
- 835 MW company/DOE restart figure.
- Why it matters
- Nuclear restart and PPA case tied to Microsoft data-center power matching in PJM.
- Next check
- Track NRC restart/license approvals and PJM deliverability materials.
PJM, Pennsylvania
frameworkGoogle / Brookfield Holtwood + Safe Harbor hydro
- Verified capacity
- 670 MW initial; up to 3,000 MW framework.
- Why it matters
- Dispatchable hydro procurement for Google PJM operations.
- Next check
- Pull FERC hydro relicensing dockets, especially Safe Harbor No. 1025.
PJM, Pennsylvania
official leadHomer City Energy Campus
- Verified capacity
- 4.4-4.5 GW project claim.
- Why it matters
- Retired coal site converted into gas-powered AI/HPC campus.
- Next check
- Verify PA DEP permits, PJM interconnection, and tenant energy service agreements.
PJM, Ohio
RTO planningAmazon / AES Ohio data center
- Verified capacity
- 65 MW at COD; 480 MW by end of Phase I.
- Why it matters
- Named 345 kV service request with dated ramp schedule.
- Next check
- Pull AES/PUCO electric service agreement and network upgrade costs.
PJM, Virginia
utility filingDominion Culpeper Tech Zone campuses
- Verified capacity
- 188 MW by 2028; 1,164 MW by 2034 aggregate.
- Why it matters
- Three named campuses driving 230 kV buildout and useful public load evidence.
- Next check
- Track SCC case status, per-campus MW split, and county approvals.
10-business-day AI Campus Power-Claim Diligence sprint
For a buyer-provided asset list, docket, site, or LOI. The output is a memo-ready call on what to reserve, diligence, monitor, or kill.
Deliverables
- Five to twelve verified or demoted site rows.
- One refuted lead, included by design.
- Time-to-energize risk table and watchlist.
- Action memo: reserve, avoid, diligence, monitor, or kill.
Infrastructure investors and lenders
Use the sprint before underwriting a campus, loan, power JV, or land transaction.
Municipalities and landowners
Separate a credible powered-campus proposal from a press-release-deep promise.
Smaller developers
Use a primary-source dossier to prove a site is more real than larger announced competitors.
Power developers
Find which AI-campus counterparties have a real path through interconnection and permits.
Work with us
Point the engine at your mandate
The chat gives you our standing read in seconds. A commission points the whole research team and the leak-free engine at one question you actually trade on: where the binding constraint sits, whether it is already priced, and the dated signal to watch.
Built for funds and macro desks who want the call before it is consensus. You get the full reasoning and the line that would prove it wrong, so you can size it yourself.
Thesis
A dated thesis, not a take
One sub-industry, the binding constraint named, a probability with an interval, and the date it resolves.
Evidence
The data layer behind it
Research, patents, trade flows, and a live price channel, so the call rests on a constraint you can actually measure.
Watch
A kill-criterion you can watch
Every call names what would make it wrong and the signal to watch for it, so you can track the position as it plays out.
Mapping the future world
Read the public record, or commission a mandate-specific map.
