ISO / RTO LIVE
PJMDEM118.4GWFCST142.0GW+23.6LMP$58.20CONG$12.4●RES16.9%●TX7●MIXMISODEM92.1GWFCST118.5GW+26.4LMP$42.10CONG$18.9●RES18.2%●TX9●MIXERCOTDEM68.7GWFCST87.2GW+18.5LMP$61.45CONG$9.8●RES8.2%●TX11●MIXSPPDEM38.2GWFCST52.6GW+14.4LMP$35.18CONG$6.4●RES22.4%●TX4●MIXCAISODEM29.8GWFCST46.4GW+16.6LMP$67.40CONG$14.7●RES12.1%●TX6●MIXNYISODEM19.4GWFCST28.9GW+9.5LMP$76.92CONG$11.2●RES14.7%●TX3●MIXISO-NEDEM14.6GWFCST22.1GW+7.5LMP$59.84CONG$8.1●RES17.8%●TX2●MIXPJMDEM118.4GWFCST142.0GW+23.6LMP$58.20CONG$12.4●RES16.9%●TX7●MIXMISODEM92.1GWFCST118.5GW+26.4LMP$42.10CONG$18.9●RES18.2%●TX9●MIXERCOTDEM68.7GWFCST87.2GW+18.5LMP$61.45CONG$9.8●RES8.2%●TX11●MIXSPPDEM38.2GWFCST52.6GW+14.4LMP$35.18CONG$6.4●RES22.4%●TX4●MIXCAISODEM29.8GWFCST46.4GW+16.6LMP$67.40CONG$14.7●RES12.1%●TX6●MIXNYISODEM19.4GWFCST28.9GW+9.5LMP$76.92CONG$11.2●RES14.7%●TX3●MIXISO-NEDEM14.6GWFCST22.1GW+7.5LMP$59.84CONG$8.1●RES17.8%●TX2●MIX
SMStock & Milster

AI-LOAD / 03

AI Load Growth Tracker

Hyperscaler expansion, data center pipeline, semiconductor footprint and the compute demand reshaping U.S. power markets.

AI compute demand continues accelerating across major U.S. power marketsPJM DOM ZONE · DATA CENTER LOAD +24% YoYERCOT WEST · GIGASCALE INTERCONNECT REQUESTS DOUBLEMISO CENTRAL · NEW LARGE LOAD QUEUE +14 GWPHOENIX METRO · WATER-CONSTRAINED COOLING DESIGNS ADVANCINGAI compute demand continues accelerating across major U.S. power marketsPJM DOM ZONE · DATA CENTER LOAD +24% YoYERCOT WEST · GIGASCALE INTERCONNECT REQUESTS DOUBLEMISO CENTRAL · NEW LARGE LOAD QUEUE +14 GWPHOENIX METRO · WATER-CONSTRAINED COOLING DESIGNS ADVANCING

Hyperscaler Expansion

Microsoft

AZURE / OPENAI

Anchoring Wisconsin Mt. Pleasant and Ohio New Albany campuses; PPAs across PJM West.

ANNOUNCED CAPEX

$80B+ FY25

KEY REGIONS

WI · OH · WA · VA

Google

GCP / GEMINI

Heavy MISO and PJM East buildouts; advanced nuclear PPA execution.

ANNOUNCED CAPEX

$75B FY25

KEY REGIONS

IA · NE · OH · VA

AWS

TRAINIUM / BEDROCK

Mississippi $10B campus + Indiana New Carlisle build; co-located nuclear thesis active.

ANNOUNCED CAPEX

$100B+ FY25

KEY REGIONS

VA · MS · IN · OR

Meta

LLAMA / GENAI

Hyperion LA — multi-GW campus; ERCOT generation-adjacent siting.

ANNOUNCED CAPEX

$60–65B FY25

KEY REGIONS

LA · OH · TX

Oracle

OCI / OPENAI

Abilene Stargate; ERCOT-anchored co-development with OpenAI/SoftBank.

ANNOUNCED CAPEX

$25B+ FY25

KEY REGIONS

TX · WI · UT

OpenAI

STARGATE

Stargate gigascale campuses; first phase Abilene online 2025–2026.

ANNOUNCED CAPEX

$500B program

KEY REGIONS

TX · OH · NM

DC/PIPE/METData Center Pipeline · Metro
CACHED
SRC · Curated · public announcements—
LOAD/CAGRProjected 5-Yr Load CAGR by ISO
DERIVED
SRC · Synthesis · EIA + ISO IRPs—

SOURCE · U.S. Energy Information Administration · ISO IRPs · Public hyperscaler disclosures