Mark Rossano retweeted
Overall data center build data has been VERY strong.
Bernstein: "+456 GW project pipeline, up 52 GW or 13% M/M in September. Hyperscalers’ pipeline grew by 10.1 GW, with 3.9 GW from Amazon, 3.8 GW from Google, and 2.4 GW from Meta."
“Under Construction. Construction grew by 7 GW (+10% M/M) with Google contributing 2.1 GW and Microsoft breaking ground on ~1 GW. Colos (1.4 GW), Neoclouds (1.1 GW)"
“Stranded Capacity. Grew 2 GW in September, a notable deceleration vs. the 7 GW added in August.”
Mark Rossano retweeted
🇺🇸 America’s AI build-out is 24 GW short of its own plans.
The 18 biggest AI campuses are planned at 30 GW.
About 6 GW runs today, according to Epoch AI estimates.
The largest is Meta’s Hyperion in Louisiana, planned at 5 GW, and none of it runs yet.
Its power plan is 10 gas-fired plants of 7.5 GW, an $ 11bn deal that Meta pays for.
Seven of those plants still need regulator approval.
None of the 18 campuses is in California.
They cluster in Texas, Louisiana, Ohio, Tennessee and the Midwest, close to gas supply and with room to build turbines.
If that 24 GW gap ran on gas around the clock, it would burn 3.6 Bcf/d.
That’s about the feedgas for 25+ Mtpa of LNG, more than all of Alaska LNG.
Data centres and export terminals are now bidding for the same US molecules.
The question for 2027 is whether turbines, pipelines and Henry Hub can keep up with the chips.
Mark Rossano retweeted
BREAKING: South Korea's stock market extends losses to over -8% on the day, triggering a level 1 circuit breaker.
Trading has been halted for 20 minutes amid the intense selling pressure.
A level 2 circuit breaker would occur next at a -15% drop.
Mark Rossano retweeted
Oil tanker rates from the Middle East to Asia are EXPLODING:
Daily tanker rates have surged to $1.068 million for voyages to India, $906,000 to China and $904,000 to Japan.
Meanwhile, at least 10 empty very large crude carriers, alongside several Suezmax tankers, have stopped or reversed course while approaching Fujairah in the UAE amid escalating Iranian attacks.
This threatens a key workaround that has helped Persian Gulf oil exports recover toward prewar levels, as shuttle tankers carry crude through the Strait of Hormuz to larger vessels waiting outside the waterway.
The system is becoming harder to sustain as tanker availability tightens, ship-to-ship transfers keep vessels occupied for longer, and rising security risks make routes through the region more costly.
If empty supertankers continue retreating, fewer receiving vessels could be available, forcing shuttle tankers to remain occupied longer and slowing crude shipments.
The disruption comes as tanker availability is already tight, pushing shipping costs to record levels.
The risk for the global economy is no longer just higher oil prices, but whether enough tankers will be willing and available to move the oil.
Mark Rossano retweeted
Just how full is the hyperscaler/AI IG debt pipeline: there have been zero deals since the start of September. And SPVs not doing better.
As a reminder, debt becomes capex, becomes revenue, becomes EPS.
Without debt, there is no EPS growth.
"Until The AI CapEx Debt Creation Machine Turns Back On": Goldman Says Credit Is Calm... For About Two More Months zerohedge.com/markets/until-…
Mark Rossano retweeted
Australia's most populous state wants a new gas-fired power plant to support intermittent renewables 🇦🇺⚡
New South Wales released a tender for 1,500MW of peakload supply, while ruling out battery storage. The move aims to also reduce dependence on coal
bloomberg.com/news/articles/…
Mark Rossano retweeted
🇨🇳 China's coal prices hit a three-year high 🇨🇳
⛏️ This is driven by sluggish domestic production growth and disruptions to top exporter Indonesia, just as winter demand is set to rise
📈 Benchmark coal prices hit 1,004 yuan a ton ($150) on Monday
bloomberg.com/news/articles/…
Mark Rossano retweeted
Another One Bites The Dust: Nvidia-Backed Firmus Slashes IPO Price 25% As AI Data Center Window Slams Shut zerohedge.com/markets/anothe…
Mark Rossano retweeted
That's ok, OpenAI only has $1.5 trillion in commitments to.... checks circular financing diagram... EVERYONE
"The Crowding Out Effect Is Immense": Broadcom, Oracle Join SpaceX In AI Chip-Debt SPV Stampede zerohedge.com/markets/crowdi…
Mark Rossano retweeted
Refiners have to pass on shipping costs, so diesel crack spreads quickly shot up back over $100, as market laughs at the emergency release of 100MM barrels. Meanwhile, most still can't get physical oil and Dated brent is almost back to all time highs
Tanker rates just hit a new all time high: shipping now adds over $40 to the price of a barrel
Mark Rossano retweeted
Vietnam has plans to build 18 LNG-fired power plants. Only one of them is on schedule, the government warned 🇻🇳⚠️
The planned developments (20GW in total) are struggling to complete land clearances, financial arrangements and power purchase deals
bloomberg.com/news/articles/…
Mark Rossano retweeted
Power generation comps: nat gas still cheapest but grid queue now up to 5 years. Restart and uprates of nuclear more expensive but wait time much less.
Google Plugs Into Constellation's Nuclear Reactors As PJM's "Bring Your Own Power" Era Arrives zerohedge.com/energy/google-…
Mark Rossano retweeted

*Walter Bloomberg@DeItaoneOct 6
Europe
EuropeConnected via Europe App StoreAccount-level information, not a live location or per-post device.
U.S. POWER DEMAND TO HIT RECORD HIGHS ON AI BOOM
U.S. electricity consumption is projected to reach record highs in both 2026 and 2027, driven partly by growing demand from AI and crypto data centers, according to the EIA.
Power demand is expected to rise from 4,195 billion kWh in 2025 to 4,356 billion kWh in 2027.
Renewables’ generation share is projected to reach 27% by 2027, while coal falls to 15%.
Mark Rossano retweeted
"AI has gotten cheaper more quickly than any other transformative technology in history. The cost of achieving a given level of AI performance has fallen about 47% per quarter since 2023, or 13× per year. That price drop is four times faster than DNA sequencing, six times faster than compute, 18 times faster than lithium batteries, and (in the century up to 1973) 54 times faster than electricity." @EpochAIResearch
Mark Rossano retweeted
MAP: Operation Yemen Dawn is underway. Saudi backed forces are advancing around Dhubab and Bab el Mandeb under air cover from 100 coalition jets, while the Houthis seize Al Turbah and tighten their encirclement of Taiz.
Fighting is also intensifying in Marib and Al Jawf, marking Yemen’s biggest battlefield shift in years.
EVERYTHING YOU NEED TO KNOW ABOUT WHATS HAPPENING IN YEMEN
‘Saudi Arabia Opens Its Largest Yemen Offensive in Years’
I break down the full details here 👇🏻
osint613.com/article/saudi-a…
Mark Rossano retweeted
Global energy spending is on track to reach $3.4 trillion in 2026
Around $2.2 trillion of this is set to go to grids, storage, low-emissions fuels, nuclear, renewables, efficiency & electrification
And about $1.2 trillion goes to oil, natural gas & coal: iea.li/4x6k5IT






























