On-site and behind-the-meter generation plant
BOTTLENECKInterconnection queues of 4-7 years force developers to pay scarcity margins to concentrated OEMs for on-site generation.
On-site power generation physically installed at campus to bypass or supplement grid connections. Interconnection queues of 4-7 years make behind-the-meter plant attractive for speed. Genset and fuel-cell OEMs capture scarcity margins; developers gain time-to-market advantage.
On-site and behind-the-meter generation plant physically installed at the data-centre campus to provide prime or supplemental power, bypassing or supplementing the grid connection. Covers the physical campus plant only; the developer businesses that build and own behind-the-meter generation are L1.11, and the wider dispatchable supply and nuclear assets are L1.
What the evidence shows
CCGTs construction and time from planning to COD run 4–6 years in some ISOs.
newsletter.semianalysis.comWho controls it
Where it sits in the stack
Takes in: On-site fuel (natural gas, hydrogen, diesel), on-site renewables, site land and interconnect
Sends on: Prime or supplemental power delivered at the campus ahead of or instead of grid connection
Related nodes
Full scorecard, owner shares, supply edges and the full tracked roster are in the desk letter.
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