Exelon sharply reduced its projected data center demand after applying stronger financial and contractual standards.
Exelon reduced its estimate of highly probable data center demand from 18 GW to approximately 11 GW after applying stricter financial and contractual standards to proposed projects. The company’s broader data center interconnection pipeline also declined from about 43 GW to 25 GW, indicating that a significant portion of previously proposed demand may have been speculative or insufficiently developed.
Transmission security agreements are being used to identify viable projects and protect existing customers from costs associated with developments that do not move forward. Exelon’s current high-probability pipeline includes approximately 9 GW in northern Illinois and 2 GW across the Mid-Atlantic, with about 4 GW supported by signed agreements and $1 billion in posted collateral.