Capacity coming online by year
Stacked bars: critical IT MW with COD (commercial operation date) in each year. Includes both operational and under-construction sites in dataset.
Cumulative GW (IT load)
Running total — what the AI capex wave looks like on a stack.
$/MW intensity by operator
Cost per MW reveals fit-out density: AI-heavy builds (HBM, liquid cooling) cluster ~$13–18M/MW; hyperscaler builds ~$8–11M/MW; colos ~$7–10M/MW.
Operator concentration (GW)
Balancing Authority concentration (GW)
Where the grid pressure is.
PJM capacity auction prices
Cleanest single number for grid scarcity driven by DC demand.
Hyperscaler quarterly capex ($B)
Stacked bars across MSFT, GOOG, META, AMZN, ORCL. Q4'24 → Q1'26 = $78B → $159B/quarter. 2026 consensus ~$700B annualized.
Public-equity universe exposed to DC capex
Tickers grouped by leverage to the buildout — power gen, regulated utilities, electrical equipment, gensets, AI chips, DC REITs, AI clouds, BTC pivots, fiber/interconnect.