CMS Energy CEO Garrick Rochow expects data center permitting to progress after midterms. He cited political spin as the cause of recent setbacks. Consumers Energy has a 1 GW data center in its pipeline. The company omitted its large-load pipeline slide from its Q3 presentation. Consumers has energized 450 MW of new large load out of 745 MW signed. 1 GW of new load could drive $2B–$5B in utility capital investment. CMS Energy spent $303M to run the J.H. Campbell coal plant under DOE orders. It plans to seek FERC approval to recover these costs. A court invalidated DOE’s emergency order for the plant. CMS expects DOE to appeal the ruling. CMS revised its Michigan rate case request down to $443M. It plans $17B in electric system investments over five years. The company aims to add 16 GW of clean energy and 4.1 GW of batteries by 2040.

• 1 GW power draw for data center
• $2B–$5B capital investment per 1 GW load
• $303M spent on J.H. Campbell coal plant
• $443M revised revenue requirement