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Power Hit $4,300 a Megawatt-Hour Last Wednesday. In September.

Sep 22, 2026

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4 min read

Power Hit $4,300 a Megawatt-Hour Last Wednesday. In September.

Operators had taken plants offline for repairs. Then temperatures ran 20 degrees above normal.

The Capital Current
The Capital Current
Google's Deal Will Keep a 1977 Reactor Running to 2050.

Sep 21, 2026

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4 min read

Google's Deal Will Keep a 1977 Reactor Running to 2050.

The plant needed a €1 billion upgrade just to survive past 2030. One buyer changed that math.

The Capital Current
The Capital Current
Gas Will Supply 69% of New Data Center Power.

Sep 18, 2026

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3 min read

Gas Will Supply 69% of New Data Center Power.

The forecast just doubled in nine months. That's more fuel than Germany and Japan burn together.

The Capital Current
The Capital Current
A 52-0 Vote Will Make Data Centers Pay Their Own Way.

Sep 17, 2026

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4 min read

A 52-0 Vote Will Make Data Centers Pay Their Own Way.

The House floor takes it up this week. Household bills are up 33% since 2019.

The Capital Current
The Capital Current
Solar Gets the Ribbons. Gas Pays the Bill.

Sep 16, 2026

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4 min read

Solar Gets the Ribbons. Gas Pays the Bill.

Nine months ago the forecast was less than half this. Now it's 69% of new data center power.

The Capital Current
The Capital Current
61% of Americans Now Want Data Centers Stopped.

Sep 15, 2026

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4 min read

61% of Americans Now Want Data Centers Stopped.

Up twelve points since spring. The anger crosses every party line — left, right, and independent.

The Capital Current
The Capital Current
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The Latest

Data Centers Will Pour $30 Billion Into Fuel Cells by 2030.

Sep 25, 2026

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5 min read

Data Centers Will Pour $30 Billion Into Fuel Cells by 2030.

Grid hookups are too slow. So the biggest power users are building their own.

The Capital Current
The Capital Current
Chip Stocks Fell 5.9%. The $844 Billion Didn't Move.

Sep 24, 2026

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4 min read

Chip Stocks Fell 5.9%. The $844 Billion Didn't Move.

Turbines ordered now arrive in 2031. Nobody can take a substation back.

The Capital Current
The Capital Current
43 Grid Emergencies Since May. That Used to Take 25 Years.

Sep 23, 2026

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4 min read

43 Grid Emergencies Since May. That Used to Take 25 Years.

A 1935 law now forces retiring generators to stay online. The Energy Secretary invokes it monthly.

The Capital Current
The Capital Current
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