Article

ERCOT reports 226 GW of large load interconnection requests as of Nov. 18, 2025, with 73% attributed to data centers. Current generation netting rules limit financing options for renewable-firmed data centers, as credit committees prefer traditional energy sources over 'net MWh.'

The financing challenge is exacerbated by potential costs during scarcity hours, where high real-time prices can lead to significant expenses. ERCOT requires standardized pathways to make renewable-firmed data centers financeable, starting with Protocol 10.3.2.3.