DataBank CEO on Texas data center grid moratorium and midterms

Texas Governor Greg Abbott paused new grid connections for large power users, including data centers, pending an audit of applications at ERCOT, where 470GW of requests are queued. DataBank CEO Raul Martynek says the company will proceed with its Texas projects and that the rules will filter out speculative requests.

• ERCOT's interconnection queue holds 470GW of requests
• DataBank has 1.3GW of capacity, 40% of it in Texas
• BloombergNEF: 20% of planned US data center capacity at risk
• Audit covers 49.8GW of projects, with losses estimated at $8bn