- Essays··7 min read
The Auction That Did Not Run
FERC's suspension of PJM's Reliability Backstop Procurement on 29 September 2026 left funded, construction-ready datacenter projects without a capacity price or delivery timeline. The mechanism was designed to separate genuine demand from speculative filings — it did not run. A facilities director with signed contracts, active interconnection rights, and steel already rising now waits in the same indefinite queue as a letter of intent with no site and no tenant.
pjmenergy-policydatacenter-infrastructurecapacity-marketsRead - Essays··7 min read
Sixty days to rewrite the grid
FERC gave the grid operators sixty days to defend the rules built for a 1998 steel mill against the reality of a one-gigawatt AI campus. The contract is the model; the software is only the implementation.
energy-aigrid-interconnectionfercdata-centersRead