Electricity demand is growing faster than it has in decades in the United States. Data centers, manufacturing reshoring, and electrification are driving massive growth in power consumption. But at the exact moment America needs more electricity generation, the country’s infrastructure developers are canceling projects at an alarming rate.
Our analysis reveals that 1,891 power projects with a combined 266 GW of generation capacity have been canceled in 2025—equivalent to roughly one-quarter of America’s entire current electricity generation capacity. To put this in perspective, this is more capacity than the total electricity generation of Texas, the nation’s largest power producer.
Clean energy projects have been hit hardest, accounting for 93% of project cancellations in 2025. Utility-scale solar alone saw 86 GW canceled, while battery storage projects lost 79 GW and wind projects shed 54 GW.
While each region and grid faces unique challenges, five patterns emerged across the 1,891 canceled projects that we analyzed:
- Local opposition is killing projects where electricity demand is growing fastest.Virginia—home to the country’s largest data center market—lost 6.7 GW of potential capacity. In Ohio, where elected officials have courted hyperscale data centers, the state has blocked more clean energy projects than any other. In Indiana, another data center hotbed, 44% of proposed data centers are located in counties that restrict renewable energy development.
- A failure to build transmission lines is resulting in high interconnection costs. High-voltage transmission construction has plummeted from 4,000 miles in 2013 to just 322 miles in 2024—less than one-tenth of the 5,000 miles per year needed. In MISO, average interconnection costs for canceled projects hit $753,116 per MW—roughly half of a typical project’s total capital cost. Louisiana and Missouri, with costs exceeding $900k per MW, lost 26 GW of capacity combined in 2025.
- Battery storage economics are worsening from market saturation and tariffs.“Battery cannibalization”—where growing capacity drives down the prices batteries earn—is making it harder to build profitable battery projects. Texas battery revenues crashed 70% from $192/kW in 2023 to $55/kW in 2024, while ancillary service prices fell 90%. California saw similar declines, with revenues falling from $103/kW in 2022 to just $53/kW in 2024. Meanwhile, Trump’s tariffs have increased the cost of batteries by 56-69%.
- Trump’s War on Wind killed gigawatts of potential capacity. Since taking office, the Trump administration has systematically dismantled offshore wind development through sweeping policy actions, funding cancellations, and construction halts. These moves led to massive waves of project cancellations in New York (13 GW), New England (11 GW), and California (2.5 GW).
- Grid operators cleaned up their interconnection queues. Starting in 2023, ISOs implemented sweeping reforms to eliminate speculative projects from their queues. New cluster processes, higher deposits, and compressed timelines resulted in hundreds of project cancelations. In MISO, 62% of 2025’s 73.4 GW in cancellations came from a single study cycle. SPP saw 27 GW canceled in August 2025 alone following interconnection study results. While reforms improved queue quality, they accelerated project cancelations.
These project cancelations will affect nearly every American. The 266 GW of lost capacity threatens higher electricity prices for households and businesses as supply fails to keep pace with surging demand—a dynamic already visible in PJM’s double-digit annual price increases.
Beyond higher bills, the cancelations represent a massive economic loss. We estimate that the 1,891 projects canceled this year would have generated $400 billion in investment—capital that would have flowed disproportionately to rural communities in need of economic revitalization.