Texas has the largest U.S. data center pipeline: about 93 GW of announced projects. That figure comes from Investing.com analyst Ivana Delevska, in a Nov. 7 analysis.
The state has already acted. In August, Gov. Greg Abbott ordered ERCOT to review large data centers waiting to connect, which froze new connections. In September he told TCEQ to stop issuing data center permits until that review ends. The analysis puts the expected end in mid-December. Democrat Gina Hinojosa won the governor's race and takes office January 19. According to the analysis, she has promised a moratorium on new data centers until lawmakers set rules on power, water and local input.
The queue is the problem. ERCOT had more than 230 GW of large-load requests by February and more than 438 GW by June, nearly 90% from data centers. The analysis puts ERCOT's all-time peak demand at around 85 GW.
Delevska says only about a fifth of the Texas pipeline, 19.5 GW, is under construction, and that those projects keep moving. She names Galaxy's Helios campus, delivering a 260 MW phase to CoreWeave in the second quarter of 2027, and Oracle's Stargate campus at Shackelford. Phases that still need an air permit for an on-site gas plant, such as Meta's El Paso campus, are the most exposed.
She also writes that the biggest builders have about $1 trillion more capital than their 2027 plans need. The article shows no responses from Meta, Oracle, Galaxy, CoreWeave or the state officials.
Her bottom line: the vote can slow the build, not cancel demand.