That is 10x-ing in four years. If it does the same over the next four, it will have about the same power capacity as the U.S. average grid demand (for limited duration obvs).

"A known fundamental is a useless fundamental." Why natural gas futures pricing in a warm winter has created a crowded speculative short trade—and where the upside catalysts are lurking. 🧵👇 (Full Sunday Deep Dive + Free 20-Market COT Spreadsheet link in reply below)

New York City Mayor Mamdani just gave one of the most amazing speeches you will ever hear: "We are told that America is exceptional because we are richer, stronger, and more powerful than everyone else. "The truth, my friends, is that America is exceptional because here, nothing is fixed into place. The frontier may be closed. We may have walked on the moon. But the work of fulfilling the values first enshrined in the Declaration of Independence — that work endures, and it belongs to us all. "It belongs, too, to our newest Americans: those standing here with me today, all of whom were recently naturalized. Nearly a decade ago, I, too, felt what you feel: the joy of no longer being just a New Yorker, but an American, too. "You each hold a special power: the power to determine what America means. "The powerful have always known their answer. America, in their view, is an arena of supremacy where only a select few are allowed freedom; where not all are created equal. America, if you ask them, becomes less the more people it welcomes. America, they will tell you, belongs only to those with the right accent or the right shade of skin. The rest of us, they insist, should be grateful for merely being allowed to visit. "How small they are. How weak. How unoriginal. "At every moment in our past, those who led through exclusion and isolation have tried to win power and enrich themselves by turning us against one another. Division is the oldest trick in politics — and the cheapest. "But time and again, including 250 years ago, those forces of division have been vanquished by the forces of progress."

Happy Independence Day! There’s a story from the end of the Revolutionary War I want to tell as we celebrate America’s 250th Birthday, and it’s one everyone in the world can learn from. George Washington, at that moment, after commanding the American forces to victory, was the most powerful man in the new country. Many people talked about making him King of America. Across the ocean, King George was sitting with an American painter, and asked what he thought Washington would do now that the war was ending. The painter said he believed he would go back to his farm. The King said, “If he does that, he will be the greatest man in the world.” As the war officially ended, Washington came to speak to Congress and said, “Having now finished the work assigned me, I retire from the great theater of Action.” He returned his commission they’d given him in 1775 - after more than 8 years of leading the Americans to victory without pay, and he was home at Mount Vernon for Christmas. Of course, he was elected as our first President a few years later, and after two terms, showed the same selflessness again when he willingly gave up his power and went back to Mount Vernon again. That’s true greatness. He had all the power in the world. But power, alone, does not make you great. Washington’s greatness came from being a true servant - to a cause much bigger than himself. His greatness was his complete lack of selfishness. The whole story of American Independence is a story of selflessness. It’s a story of people who set their self-interest aside and worked for each other. We’ve all heard the line about “We must all hang together, or, most assuredly, we shall all hang separately.” Apparently, Ben Franklin might have actually never said that. But that’s fine, because the same mentality is right there in the last line of the Declaration of Independence, published on this day 250 years ago: “And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.” We mutually pledge to each other. No one was in this alone. No one was in it for themselves. This was a group of people with different backgrounds who were in it for each other. Today is a reminder: greatness comes from what we do for each other, never what we do for ourselves. That’s a lesson that applies no matter what country you call home. It’s a lesson that doesn’t require any law passed by a politician, because, let’s be honest, if you’re waiting for selfless politicians, I really hope you are not holding your breath. All of us have the power to be there for the people around us. For our families and friends. For our neighbors. For everyone. All of us can reach for greatness. It’s as simple as looking beyond yourself, seeing past the mirror, picking your eyes up from your phone, and pledging to be there for each other. Happy Fourth. May you all find your own version of greatness today by lifting each other up. Lift up your neighborhood. Lift up America. Lift up the World.

Funny you mentioned examples from the 50s/60s instead of 2024 when Georgia completed Plant Vogtle reactors that went too long and too far over budget. But okay.

Good job @ERCOT_ISO —the grid did great. Gas system didn’t freeze, wind and solar did fine, winterization and electric-gas coordination since 2021 was better, efficiency and demand response tools helped, and all the new solar and battery capacity all made resource adequacy a non-concern. Hats off to all the stakeholders who played a role in this over the last few years. And many thanks to the utility line workers who worked hard around the weekend or were on standby.