⚡ Power, Grid & Data Centers

Federal Energy Regulatory Commission rejected ComEd’s cancellation of a contract for PowerHouse Hillwood’s planned 1.8-gigawatt, $20 billion data center.

· ComputeLabs Research · from the September 23, 2026 edition

The Federal Energy Regulatory Commission (FERC) rejected ComEd’s cancellation of a contract associated with PowerHouse Hillwood’s planned data center. Utility Dive identifies the project as 1.8 gigawatts and $20 billion, both attached to the planned development rather than operating capacity or expenditure already incurred.

The project was underpinned by a $1 letter of credit, according to the article excerpt. FERC Commissioner David LaCerte expressed skepticism about that amount, describing it as “less than the price of a cup of coffee.”

The disclosed regulatory action concerns contract cancellation; it does not, by itself, establish construction completion, energization, or full project financing. The supplied excerpt does not explain FERC’s legal reasoning, the contract’s complete security requirements, or whether the $1 instrument was subsequently changed.

  • Federal Energy Regulatory Commission
  • ComEd
  • PowerHouse Hillwood

All 19 stories from September 23, 2026