The Load Factor

The Market-Purist Grid Learns to Ration
Texas built the freest power market in America. Then 474 gigawatts of data centers showed up, and the state started building a permission system…
Oct 25 • The Load Factor
The Queue Is the Market
Interconnection queues were supposed to be paperwork. They've become the institution that decides where the AI buildout happens — and nobody designed…
Oct 25 • The Load Factor
© 2026 The Load Factor · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for writing, podcasting, and media founders.