Capital Highlights | Paxton calls for Hancock’s removal

Texas is on track to surpass Virginia as the nation's leader in data center capacity by 2030, with a substantial 6.5 gigawatts of data center capacity currently under construction. This figure represents 20% of the total capacity added to the U.S. pipeline last year. The rapid expansion, concentrated heavily in Central Texas, which is identified as the top data center market with at least 55 completed or planned projects between Temple and San Antonio in 2025, poses significant challenges for the state's resources. The Electric Reliability Council of Texas (ERCOT), responsible for operating most of the state's power grid, projects that the ongoing growth in data centers will lead to a 71% increase in Texas's overall energy demand within the next five years, also highlighting the substantial water requirements for these facilities.