Related reading: Crusoe is fighting the curtailment ruling that will reprice BTM wind in ERCOT and National Grid’s AI power bet is infrastructure by contract, venture capital by risk.
525.5 MW of firm compute load has to disconnect within 30 minutes, uncompensated, behind a wind farm rated at 265.5 MW. The PUCT issued that order in Docket No. 59220 on July 24, 2026, rejecting the proportionality argument Ensign Infrastructure, Crusoe and FGE Goodnight had spent six months building. The trade press read it as a 2:1 ratio dispute resolved in ERCOT’s favor. The ratio is the least durable thing in the order.
What the PUCT actually held is that the object of a curtailment condition under PURA § 39.169 is making the existing generator’s capacity fully available to the grid during a transmission emergency, rather than offsetting that generator’s nameplate or mitigating a net capability reduction. Once availability is the test, the obligation is sized by whatever load sits behind the point of interconnection, and the generator’s rating supplies no ceiling at all.
I have underwritten enough co-location structures to know which number goes into the model, and it was always the generator’s nameplate. That number is now decorative.
