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One Resident Filed a Petition. Amazon Withdrew Its Application.

Sep 10, 2026

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4 min read

One Resident Filed a Petition. Amazon Withdrew Its Application.

Three sitting commissioners lost their seats. Seventeen localities have now paused projects.

The Capital Current

Flex Just Paid $4.4 Billion for a Power Converter.

Sep 9, 2026

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4 min read

Flex Just Paid $4.4 Billion for a Power Converter.

It makes the gear between your meter and the GPU. Each unit is custom. Each one is on backorder.

The Capital Current

Amazon's Carbon Hit 81 Million Tons. That's 19 Million Cars.

Sep 8, 2026

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4 min read

Amazon's Carbon Hit 81 Million Tons. That's 19 Million Cars.

Google is up 18%. Microsoft up 25%. Not one of the three is on track for its climate target.

The Capital Current

Fervo Hit an All-Time Low. Then Google Called.

Sep 7, 2026

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4 min read

Fervo Hit an All-Time Low. Then Google Called.

The market had written geothermal off. The world's biggest corporate buyer of clean power had not.

The Capital Current

The Real AI Bottleneck Isn't Chips. It's Gas Turbines.

Sep 4, 2026

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4 min read

The Real AI Bottleneck Isn't Chips. It's Gas Turbines.

A data center shell goes up in 18 months. The gas plant to power it takes five years.

The Capital Current

You Can Write a Check for a Data Center. You Can't Buy a Transformer That's 4 Years Out.

Sep 3, 2026

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4 min read

You Can Write a Check for a Data Center. You Can't Buy a Transformer That's 4 Years Out.

Transformer lead times just hit 4 years. Demand for generator step-up transformers is up 274% since 2019.

The Capital Current

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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

74 Gas Plants Are Planned Just for Data Centers.

Sep 14, 2026

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3 min read

74 Gas Plants Are Planned Just for Data Centers.

Nearly half of them sit in Texas. Most would run behind the meter, off the grid entirely.

The Capital Current

Trump Just Banned $22 Billion in Chinese Grid Gear.

Sep 11, 2026

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3 min read

Trump Just Banned $22 Billion in Chinese Grid Gear.

Data centers bought those units to cut transformer lead times. Order 14420 closed that on August 26.

The Capital Current

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