Power Company
Appears in 2 stories
Largest remaining coal operator in Texas
Coal has powered Texas for most of the past century. In 2026, for the first time on record, utility-scale solar is forecast to outproduce it for the full year in the Electric Reliability Council of Texas.
Updated 1 hour ago
Secured 2.1 GW nuclear supply agreement with Meta, largest single deal in January 2026
Since late 2022, U.S. regulators and utilities have warned that AI-optimized data centers could reshape national power demand, ending an era of flat electricity consumption and forcing rapid buildout of generation and transmission. By early 2026, those warnings have crystallized into concrete challenges. PJM Interconnection's December 2025 capacity auction hit the $333.44/MW-day price cap and failed to meet reliability requirements for the first time in its history. Data centers accounted for $6.5 billion—or 40%—of the auction's $16.4 billion in costs.
Updated 4 days ago
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