Vulcan Surpasses 21 GW in Data Center Coverage as 2026 Forecast Sharpens

This week, the Vulcan platform continues its expansion into data centers, now exceeding 21 GW. The graph below, capacity figures sourced from IIR, illustrates the exponential growth of data center additions. Vulcan's coverage is projected to surpass 50% of the anticipated capacity for 2026 and 2027 by next week. Current indications suggest potential delays or cancellations for numerous projects slated for 2026, as many have yet to commence construction.

Regarding power generation projects, the EIA-860M March report has been released. This report indicates the addition of 118 projects, totaling over 18.5 GW of capacity. Natural gas represented the largest technological addition, accounting for over 8 GW. Next week, we anticipate incorporating over 13 GW of these projects into the Vulcan Power UC table.

Regarding cancellations and retirements, only 11 projects were cancelled, while 60 units, totaling slightly over 2 GW, were retired.

Below, we highlight a data center and a battery project, both of which are on schedule to meet their planned online dates.

3624129 Red Oak Data Center Campus, 96 MW, Ellis County TX, Plant Status: Planned, Planned Startup: 3/31/2027

Vulcan Latest – 4/21/2025 Google – 11/30/2023

68456 Blue Summit II Storage LLC, 150 MW Battery, Wilbarger County TX, Planned Operation: 12/2025

Vulcan Earliest Online: 11/25/2025 Vulcan Proposed Online V1:2/2026 V2: 2/2026 Project Rank: 2.859

Vulcan Latest – 4/22/2025 Google – 3/25/2024

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