This week, we're highlighting the invaluable Data Center table within the Vulcan platform, a powerful tool for our clients seeking deep insights into the evolving data center landscape. This analysis focuses on the proposed data center projects scheduled for online dates between 2025 and 2026 that are not yet under construction (represented by the green bars in our chart below). These projects haven't even begun land clearing, indicating a significant risk of failing to meet deadlines or even being built at all.
When we aggregate this data, we observe that the states with the highest number of projects not under construction largely mirror those with the most proposed projects overall. However, this alone doesn't reveal which regions are truly at risk of data center growth. 
A Deeper Dive: Percentage of Projects Not Under Construction
To gain a truly insightful perspective, it's essential to examine the percentage of projects not under construction relative to the total number of projects under construction. This crucial metric is easily calculated using our database. Vulcan clients can effortlessly access this data, broken down by project, location, and Vulcan status, allowing them to pinpoint these percentages with precision.
As anticipated, Texas leads in the total volume of projects not under construction. However, when viewed as a percentage of its total proposed projects, this figure is actually lower than the national average (approximately 36%). In contrast, states within the PJM region appear to face greater risk than ERCOT, with Virginia, for instance, showing a higher percentage of data center projects not yet under construction compared to Texas. With PJM auctions having just closed yesterday at the maximum price cap of $329/MW-day for 2026/2027, it's critical to consider how potential delays and cancellations from data centers might impact these projections. 
Vulcan: Your Vision into the Future of Power Demand
Vulcan clients gain unparalleled foresight into data center evolution thanks to our weekly updates and specialized focus on identifying land clearing and first structure developments. If you're forecasting the future of power demand in the country, it's imperative to do so with the most comprehensive information available. Vulcan delivers superior insight into the evolution of the most significant load growth this country has witnessed in decades.
Ready to elevate your understanding of the data center market? Explore the Vulcan platform today.
