According to Wood Mackenzie, US utilities have committed or are constructing 116 GW of large load capacity, equal to 15.5% of current peak demand, with total potential reaching 147 GW including advanced discussions and forecasts. About 60 GW is expected to come online by 2030, representing 8% of current peak demand, while 93 GW is projected to be operational by 2035. The study highlighted a shift from regulated to deregulated markets, with ERCOT and PJM regions accounting for most of the advanced pipeline capacity. While 91% of the 17 GW under construction is in regulated markets, more than half of committed and advanced projects are planned in deregulated areas, posing supply and price risks. Wood Mackenzie noted rising uncertainty in pipeline progression as new requests outpace project advancement or withdrawal, with data center ramp rates adding complexity to how quickly demand materializes on the grid