What if Datacenter gas turbines outbid LDCs, regional basis blows out?
Behind-the-meter AI datacenters lock up new gas turbines and pipeline capacity faster than utilities, pushing regional basis differentials in PJM and the Southeast sharply higher.
Every number ships with its receipt — the odds, the range, the precedents, and a public grade at Reality Check. The statistical machinery that produces it is proprietary.
The butterfly cascade
How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.
Resolution timeline — how this probability is moving
Our model's odds (electric blue) over time vs the market's (Polymarket, amber), from the past toward the 6–18 months horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. Loading the probability audit trail…
What it would mean
If this plays out, it is a mixed shock. Behind-the-meter AI datacenters lock up new gas turbines and pipeline capacity faster than utilities, pushing regional basis differentials in PJM and the Southeast sharply higher. The trigger decomposes into signed root‑shocks — Natural gas ▲ · AI capex ▲ · Industrial demand ▲ · Inflation surprise ▲ — which propagate through our causal graph to the markets below.