PUCT Just Drew the Line on Which Grid Bypasses Count

The PUCT's 5-0 approval of the first direct wind-to-datacenter connection lands the same week ERCOT's 367 GW peak demand scenario got bounced as unrealistic, signaling that regulators are now actively sorting which grid bypasses count. Developers with a sequencing plan for self-supplied power capture the first-mover window; the 300 GW pending in the queue tells you what happens to everyone else.