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40,000 MW of Power Is Sitting in a Tucson Boneyard

Nov 6, 2026

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3 min read

40,000 MW of Power Is Sitting in a Tucson Boneyard

GE Vernova’s new gas turbines are sold out through 2030. So the industry drove to the desert.

The Capital Current

Morgan Stanley Says One Gigawatt of AI Power Costs $49 Billion

Nov 5, 2026

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4 min read

Morgan Stanley Says One Gigawatt of AI Power Costs $49 Billion

Eaton’s data center orders are already up more than 100%. Someone is cashing in fast.

The Capital Current

Georgia Power Customers Could Save $950M a Year. OpenAI Is the Reason.

Nov 4, 2026

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4 min read

Georgia Power Customers Could Save $950M a Year. OpenAI Is the Reason.

That’s 700,000 homes worth of load — and the utility gets to flip the switch during any heat wave or storm.

The Capital Current

Alphabet Shed $500 Billion in a Single Session

Nov 3, 2026

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4 min read

Alphabet Shed $500 Billion in a Single Session

The capex that triggered it: $51.4 billion last quarter, pouring into data centers and the power to run them.

The Capital Current

Quanta Booked $12 Billion in One Quarter — and Backlog Still Grew $10 Billion

Nov 2, 2026

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4 min read

Quanta Booked $12 Billion in One Quarter — and Backlog Still Grew $10 Billion

The high-voltage 765kV lines for Texas, Ohio, and MISO haven’t been booked yet. That wave hits in early 2027.

The Capital Current

Three Tech Firms Just Announced $595 Billion in Capex. That’s a Power Order.

Oct 30, 2026

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3 min read

Three Tech Firms Just Announced $595 Billion in Capex. That’s a Power Order.

Global data center power demand hits 161 gigawatts this year — a 31% jump from 2025.

The Capital Current

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Virginia Had the Data Centers. Pennsylvania Is Taking Them.

Nov 11, 2026

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4 min read

Virginia Had the Data Centers. Pennsylvania Is Taking Them.

Permit fights and rate battles opened the door. PPL is walking through it with a $25 billion capital plan.

The Capital Current

Voters Rejected Data Centers 40 Out of 41 Times

Nov 10, 2026

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4 min read

Voters Rejected Data Centers 40 Out of 41 Times

Jefferies called the AI capex peak the same week it happened.

The Capital Current

Today the Senate Votes. $8.5 Trillion Is Waiting on the Answer.

Nov 9, 2026

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4 min read

Today the Senate Votes. $8.5 Trillion Is Waiting on the Answer.

One bill decides whether the permits come loose — or the queue stays frozen.

The Capital Current

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