Power access, not nominal power demand, determines the winners
Grid delays pull AI power demand toward turbines and onsite generation
Analysis by Frank Locascio and TheBRRR Research
What happened
Market coverage cited about 38 GW of global gas-turbine orders in Q2 2026, up 71% year over year, with U.S. datacenter demand a major driver and possible annual orders near 120 GW. Equipment makers and behind-the-meter suppliers benefit if grid interconnections slow.
Why it earned coverage
August 12 energy/AI infrastructure market coverage amid state interconnection scrutiny.
Investment transmission
Interconnection delays and ratepayer politics make self-supply and dedicated power infrastructure more attractive.
Affected exposures
Next observable receipt
Power-equipment backlogs, hyperscaler onsite-power contracts, PUC large-load rules.
What would invalidate it
Grid interconnections accelerate and power-equipment order growth falls or gets cancelled.