Grid interconnection queue volumes and approval timelines
Signposts to watch:
Equipment manufacturer order backlogs and lead times for transformers, cables, and switchgear
Technology and business model innovation which might offer different solutions (e.g., demand response and grid edge capacity)
Utility capex guidance updates in earnings calls
European “Fit for 55” regulatory milestones and national grid investment plan announcements
AI data center power demand announcements from hyperscalers including Microsoft, Alphabet, Amazon, and Meta