To meet data center and domestic manufacturer demand, Atlas Energy will spend $840M on 1.4 GW of natural gas generators from Caterpillar. (Utility Dive)
The play: With the current grid squeeze, some utility interconnection queues stretch 5—10 years. The stopgap? Behind-the-meter and bridge power, according to Atlas.Â
The Austin-based proppant and power systems supplier sees a major opportunity as electricity demand swells. It expects to own and operate ~2 GW of generation assets by 2030, essentially functioning as a private utility for large loads stranded by public grid bottlenecks.