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July 16, 2026

Peter Cook, Editor

Billions more in investment.  A statewide moratorium on hyperscale development.  New partnerships.  Inter and intra-party splits.

 

There is a lot going on in the industry.  Let’s try keep each other up to speed.

 

One way is to chat in-person at one of these upcoming events:

 

Marcellus Power Conference – October 21-22 in downtown Pittsburgh.  This will be a great opportunity to meet other industry innovators and to figure out who could be the right business partner for your projects.

 

Data Center Energy Industry Update – November 2 at The Houstonian (in Houston).  This one-day executive update will be a great opportunity to hear from and chat with those making it happen in Texas.

 

We just released the draft agenda for both events.  Check out the websites and let us know if there are any topics you think we should include, if you have recommendations for speakers for specific panels, or if you would be interested in being a part of the conference!  Just reply to this email with your comments.

 

And now, the news…

The Power Connection Digest Issue #64

Williams Announces $5.34 Billion Investment in Power Innovation Joint Venture from Blackstone

Under the terms of the agreement, Blackstone and its partners will provide Williams with $5.34 billion of committed capital in exchange for a 49% noncontrolling equity interest in the five Power Innovation projects.

Read More
 

SLB, Liberty Energy to Form Strategic Alliance for Data Center Infrastructure and Power

Planned alliance combines modular infrastructure and integrated power solutions designed to accelerate global data center deployment.

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Industrial Development Funding and Oaktree Announce $1.7 Billion Project Investment in Bloom Energy Fuel Cells for Nebius AI Infrastructure Build-Out

Nebius selected Bloom for its speed to power, clean technology, and ability to support the performance and availability demands of AI workloads.

Read More
 

QTS to build 11 data centers on Lancium campus in Hall County, Texas

Lancium and QTS will fund 100 percent of the energy infrastructure improvements necessary to support the campus. Lancium will reportedly be bringing its own power to the campus, including on-site solar and battery storage.

Read More
 

Crusoe and Lancium Announce 1.0 Gigawatt AI Data Center Campus in Childress, Texas

Both organizations are deeply committed to ensuring the development will benefit all stakeholders in the community.

Read More
 

Mitsubishi takes over $7.5 billion in US natural gas fields from Aethon, deepening Japanese bet on LNG and the AI boom

Mitsubishi closed on its largest acquisition ever July 15, scooping up the assets of Dallas-based Aethon Energy. Little-known Aethon was the nation’s third-largest, privately held energy producer in the U.S., and the biggest focused exclusively on natural gas.

Read More

Stay Updated on BTM Power Generation

Lium Research provides an update on 20+ "power as a service" providers, nearly 20 OEM providers, 50+ powered land and hyperscaler projects, and more. Worth the price of admission!

Read More
 

White House to rally utilities, data centers for AI power cost pledge, sources say

The White House plans to bring together utility companies and data center developers to make a voluntary pledge designed to ensure that rapid growth in electricity demand from artificial intelligence does not drive up power bills for households and businesses.

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New York imposes first-in-the-nation statewide freeze on ‘hyperscale’ data centers

Hochul is pausing state-level environmental permits for “up to” a year to give the state time to put together a framework to protect the environment, the energy grid and New Yorkers’ electric bills, her office said.

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WSJ: Data-Center Builders Are Racing to Offload Stakes Worth Billions

Unrelenting demand for computing power has investors looking for chances to own the physical infrastructure behind AI.

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Data centers authorized to use backup power to avoid outages

For the third time in less than three weeks, the U.S. Department of Energy authorized PJM Interconnection, the country’s largest grid operator serving 67 million people, to order data centers to rely on their backup generators rather than draw power from the grid as a last resort to maintain grid reliability as temperatures exceed 90 degrees.

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As gas plants rise to power AI, renewable energy allies are fighting for cleaner alternatives

The problem clean energy proponents are confronting is that tech giants are demanding power at such speed and scale that the construction of wind and solar simply can’t keep up.

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Powered Land Is Replacing Traditional Site Selection

The new commandment is power, power, power. Two deals from the same week show exactly how far that shift has already traveled, at completely opposite ends of the size spectrum.

Read More

Amazon to install hundreds of gas-fired generators at Bucks County data center site

During a tense community meeting Tuesday, Pa. Department of Environmental Protection officials said they plan to approve 280 natural gas-fired generators and three diesel-fired generators to produce backup power for the data center when its electricity supply from PECO is interrupted.

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Pennsylvania's giant Atlas data center could triple power demand as bill, brownout fears grow

A massive proposed data center campus in Pennsylvania's Lehigh Valley has become a major source of debate over electricity costs, grid reliability, and how communities will cope with a surge in power demand.

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PJM Interconnection electricity price hits cap again in latest auction

Electricity prices will remain elevated in PJM Interconnection's 13-state service area, including Pennsylvania, following an auction setting prices for future generating capacity.

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Pa. election 2026: Where governor candidates Garrity and Shapiro stand on data centers

A review of their positions shows at least two distinct differences, but also many blank spots where the candidates have not taken public stances.

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Virtual Power Plants: The Distributed Energy Revolution Has Arrived

How aggregated distributed energy resources are reshaping the grid — and what it means for energy developers, utilities, and in-house legal teams.

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Who Pays for the Poles and Wires

Why regulators started asking for a prenup.

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The Transparency Bet: Inside Decimal Digital’s Plan to Win Over a Wary Ohio Town

After a cryptocurrency mining project collapsed in one Ohio town, a proposed AI data center is testing whether early community engagement, developer-funded infrastructure and public disclosure can become part of the permitting playbook.

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Texas PUC approves ‘ride-through’ rules for data centers

“Voltage and frequency excursions on the transmission network create reliability concerns, which increase with the interconnection of each new large computational load,” wrote a PUC staffer.

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Texas Ag Commissioner calls out governor – demands special session to address data center concerns

Sid Miller says data centers are the most serious subject in Texas right now and must be immediately addressed.

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Texas Sen. Perry argues AI data centers have benefits, need vetting

In many cases, the data center developers and operators advancing projects are working with local leaders to address community concerns while creating new economic opportunities.

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Most new data centers in the U.S. are coming to rural areas

Pew Research: 67% of planned data centers are in rural areas, while 87% of existing data centers are in urban ones.

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The Need for Speed: Managing Risk in Fast-Track Data Center Construction Projects

This article, by Vinson & Elkins, provides an overview of fast-track projects, while offering some general takeaways for avoiding possible pitfalls and effectively managing risks.

Read More

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