May 15, 2026
Subscribe for full access
Behind-the-Meter Gas Is the New Default. Chevron Just Set the Texas Template.
Chevron's Energy Forge One subsidiary applied for a $227 million JETI tax break on a 2,500 MW gas plant near Pecos to serve a proposed Microsoft AI campus, bypassing ERCOT's 300+ GW interconnection queue entirely.
May 8, 2026
Subscribe for full access
IREN Stacks Power, GPUs, and Cloud Ops Before the Queue Fills
Core Scientific is layering 3 GW across Pecos, Texas and Muskogee, Oklahoma through a hybrid of acquired contracts (440 MW via Polaris/OG&E), new construction, and behind-the-meter generation.
April 29, 2026
Subscribe for full access
2,600 GW Stuck in Queue. The Winners Build Their Own Power.
Core Scientific is converting its Pecos campus into a 1.5 GW AI complex with roughly 1 GW for lease, financed by $3.3 billion in senior secured notes on top of a $1 billion Morgan Stanley facility.