Good morning. Nvidia has an interim CEO. ERCOT wants earlier data-center curtailments while Pacific Power seeks a 57% rate increase.
Top Stories
NVIDIA NAMES AN INTERIM CEO AFTER JENSEN HUANG RESIGNS
NBC News
Nvidia named CFO Colette Kress interim CEO and Harvey Jones its first chairman. Shares fell more than 11% after the announcement.
ERCOT WANTS DATA CENTERS TO CURTAIL BEFORE GRID EMERGENCIES
Quartz
CEO Pablo Vegas wants lawmakers to move mandatory reductions to emergency level one or earlier. ERCOT has not ordered a data center to curtail under the 2025 law.
PACIFIC POWER SEEKS A 57% NORTHERN CALIFORNIA RATE INCREASE
Jefferson Public Radio
The request would add about $120 a month for roughly 46,000 customers. A separate 14% decrease in 2027 would partly offset it.
TORUS RAISES $500 MILLION TO MOVE AI COMPUTE TO OPEN GRID CAPACITY
Interesting Engineering
Foundry puts modular inference systems at commercial and industrial sites with unused grid capacity. Magnetar led the financing.
NORTH DAKOTA DRAWS A 1.2-GW DATA-CENTER POWER PLANT
Minot Daily News
Base Electron proposes a $2.4 billion gas plant for Applied Digital in Oliver County. The company targets startup in the second half of 2030.
Power & Grid
CONSTELLATION PAIRS NUCLEAR POWER WITH FLEXIBLE CAPACITY
Utility Dive
Peak+ combines existing clean baseload with batteries, demand response or new generation. Its first 20-year agreement covers 270 MW.
CALIFORNIA ORDERS ONE FRAMEWORK FOR BATTERIES, EVS AND FLEXIBLE LOAD
Utility Dive
PG&E, SCE and SDG&E must jointly propose a system by October 2027. Regulators also want flexible demand modeled as a way to defer grid upgrades.
A 600-MWH UTAH BATTERY SUPPORTS META THROUGH A UTILITY TARIFF
ESS News
Lydian's 150-MW Faraday project operates under a PacifiCorp contract and Rocky Mountain Power's Schedule 34. A second phase could reach 1,500 MWh in 2028.
ON-SITE BATTERIES POST A RECORD 58-GWH YEAR
Facilities Dive
An Urban Land Institute and UL report expects 500 GWh more from 2026 through 2032. Local safety concerns and permitting delays remain the main hurdles.
PGE SEEKS AN EIGHTH CONSECUTIVE RATE INCREASE
Statesman Journal
The utility seeks 4.8% overall and 3.9% residential increases in July 2027. Large data-center rates would rise 7.7%.
Data Centers
MINNEAPOLIS WEIGHS A 150,000-SQUARE-FOOT DATA-CENTER CAP
MPR News
The pending ordinance limits projects to existing downtown buildings and requires larger sites to buy renewable power. The current moratorium expires Nov. 21.
SMUD REVIEWS COST GUARDRAILS FOR TWO 50-MW-PLUS INQUIRIES
CBS Sacramento
Both projects would rank as SMUD's largest data-center loads. The utility says its rules are designed to keep expansion costs off existing customers.
NEW MEXICO PANEL PROPOSES 22 POWER-COST AND GRID REFORMS
Source New Mexico
The package includes large-load guardrails, ratepayer protections, storage support and a state permitting council. Gov.-elect Deb Haaland has separately pledged a data-center pause.
OAKLAND EXTENDS ITS DATA-CENTER MORATORIUM THROUGH OCTOBER 2027
SFist
San Francisco will consider its own 10.5-month extension. A city report puts transmission capacity near 1,000 MW against roughly 800 MW of peak demand.
HOUSE BILL TIES FEDERAL DATA-CENTER MONEY TO LOCAL APPROVALS
Newsweek
H.R. 10976 would bar federal construction or operating funds unless projects comply with state and local law. It would not create a national approval process.
Stat of the Day
12-16 weeks
Time Torus says a Foundry deployment needs from contract to live workloads
The modules use existing commercial and industrial connections instead of waiting for new grid infrastructure.
Interesting Engineering ↗