Catalyst with Shayle Kann

As data center-driven load growth continues to rise, hyperscalers are turning to natural gas – both in front of and behind the meter — to secure power. But whether the natural gas pipeline system has the bandwidth to support this surging demand remains far from certain. In this episode, Shayle sits down with Eric McGuire, director of natural gas and LNG trading analytics at Wood Mackenzie, to unpack whether gas is in the midst of a capacity crunch of its own. Shayle and Eric consider how data center demand has collided with massive LNG exports in the United States, why regional pricing spreads are informing data center siting, and how winter weather creates extreme daily price volatility. They also discuss: - How connecting large loads directly into interstate gas pipeline headers compares to filing an electric grid interconnection request - Why data centers and LNG export contracts compete for baseload gas - How placing data centers in the Permian Basin and Marcellus Shale helps developers bypass long-haul pipeline constraints - How cold snaps cause wellhead freeze-offs that knock out tens of billions of cubic feet of gas supply - Catalyst: Live from Transition-AI 2026: Inside Google’s massive AI capex - Catalyst: The rise of flexible data centers - Catalyst: AI scaling pathways: On grid, on edge, off grid, off planet - Open Circuit: The off-grid data center fantasy - Open Circuit: AI needs a different kind of power plant - Latitude Media: Microsoft is embracing off-grid gas for West Virginia data centers - Latitude Media: Building clean power for data centers in a gas-obsessed market Credits: Hosted by Shayle Kann. Produced and edited by Max Savage Levenson. Original music and engineering by Sean Marquand. Stephen Lacey is our executive editor. Catalyst is brought to you by GridBeyond. GridBeyond is the world’s leading technology platform for managing distributed and flexible energy resources. Learn more by visiting GridBeyond.com. Catalyst is brought to you by Antenna Group, the strategic communications and marketing partner behind the biggest names in energy, climate, and infrastructure. For three decades, Antenna has helped breakout companies amplify their stories, build reputation, differentiate from the competition, define new categories and accelerate growth. Learn more at antennagroup.com.  Catalyst is brought to you by EnergyHub. Peak season puts every grid to the test — and the utilities that pass are the ones that built flexible capacity before they needed it. EnergyHub works with more than 230 utilities to coordinate over 2.6 million DERs and more than 3.6 gigawatts of dispatchable flexibility through a single platform designed to perform when it counts most. See what that looks like at EnergyHub.com. 

It’s been a wild few years for grid-scale batteries in Texas. At the start of the decade, the Lone Star State was home to roughly 200 megawatts of battery capacity. Today, that number has skyrocketed to seventeen gigawatts…with at least five more gigawatts expected to come online by the end of 2026. But this rapid buildout quickly led to market saturation. In the past year alone, revenues plummeted by more than 80%, far below the threshold needed for fleet operators to stay in the black. The future of the battery market in Texas remains murky. Will the depression continue? Or will the imminent, enormous surge of data center load growth reset the state of play and bring volatility back into the mix? In this episode, Shayle sits down with Brandt Vermillion, U.S. market lead at Modo Energy, to unpack the mechanics of the Texas battery storage market, and consider when the tide could turn back in developers’ favor. They cover topics like: - The factors behind the recent cratering of the market - How longer battery durations are able to capture secondary price spikes - The degree to which weather patterns have contributed to battery demand - Reconciling currently suppressed revenues with the hundreds of incoming gigawatts of proposed data center demand - Whether on-site generation for hyperscaler data centers will blunt peak demand spikes and delay the return of grid volatility - Why off-takers are considering tolling agreements to survive the market downturn - Catalyst: 2026 trends: Gas turbines, Texas' load queue, and China electrifies - Catalyst: Why C&I storage is finally taking off - Catalyst: The rise of flexible data centers - Open Circuit: Data centers have a Texas-sized energy problem - Open Circuit: The off-grid data center fantasy - Open Circuit: A global energy shock and the case for distributed power - Open Circuit: Power is caught in AI’s doom loop - Latitude Media: How the AI boom has impacted US battery storage so far - Latitude Media: Branch Energy heads to PJM to sell battery capacity to data centers Credits: Hosted by Shayle Kann. Produced and edited by Max Savage Levenson. Original music and engineering by Sean Marquand. Stephen Lacey is our executive editor. Catalyst is brought to you by GridBeyond. GridBeyond is the world’s leading technology platform for managing distributed and flexible energy resources. Learn more by visiting GridBeyond.com. Catalyst is brought to you by Antenna Group, the strategic communications and marketing partner behind the biggest names in energy, climate, and infrastructure. For three decades, Antenna has helped breakout companies amplify their stories, build reputation, differentiate from the competition, define new categories and accelerate growth. Learn more at antennagroup.com.  Catalyst is brought to you by EnergyHub. Peak season puts every grid to the test — and the utilities that pass are the ones that built flexible capacity before they needed it. EnergyHub works with more than 230 utilities to coordinate over 2.6 million DERs and more than 3.6 gigawatts of dispatchable flexibility through a single platform designed to perform when it counts most. See what that looks like at EnergyHub.com.

Dual-use technologies and the rise of defense tech are having a moment. But how does the defense sector approach innovations in energy that may be necessary to optimize its fleets? To help answer that question, Shayle turns to the maritime sector to explore how advanced batteries, nuclear propulsion, and autonomous capabilities are shaping the future of defense. Unlike conventional EVs, maritime vehicles and drones must compete with the challenges presented by the sea in order to complete surveillance and reconnaissance-related missions, as well as direct attacks. Saltwater corrodes hardware, and vehicles at great depths must withstand enormous pressure; to say nothing of the fact that moving through water requires nearly 1,000 times more energy than through air.  To learn how the sector navigates these obstacles, Shayle sits down with Andrew Nuss, the head of growth and strategy in the maritime division at the defense technology company Anduril. They unpack topics including: - The complicated physics influencing maritime drone design and energy usage - How lithium-ion cells fare in deep-sea deployment - Why extreme reliability and long-range capabilities drive the military’s energy requirements compared to commercial shipping - How surface or subsea recharging depots could reshape vehicle design - Why both commercial and defense sectors are revisiting nuclear propulsion as a viable option for high-speed, zero-emission surface vessels Catalyst: The rise of metal fuels - Catalyst: GM’s big new battery tech push - Catalyst: Decarbonizing the high seas - Open Circuit: A five-alarm fire for the grid? - Latitude Media: Is adaptation ready for growth money? Credits: Hosted by Shayle Kann. Produced and edited by Max Savage Levenson. Original music and engineering by Sean Marquand. Stephen Lacey is our executive editor. Catalyst is brought to you by EnergyHub. Peak season puts every grid to the test — and the utilities that pass are the ones that built flexible capacity before they needed it. EnergyHub works with more than 170 utilities to coordinate 2.5 million devices and 3.4 gigawatts of dispatchable flexibility through a single platform designed to perform when it counts most. See what that looks like at https://www.energyhub.com/ Catalyst is brought to you by Bloom Energy. Bloom Energy fuel cells deliver affordable, ultra-reliable onsite power for hospitals, utilities, and data centers – at speed and at scale. Learn more by visiting https://www.bloomenergy.com/ This episode of Catalyst is brought to you by ENGIE, the smarter energy supplier. ENGIE doesn't just provide the power to run your business — they supply the energy to move it forward, with reliable, flexible solutions built for what's next. Learn more at https://www.engieresources.com/.

You don’t have to look far to see the vitriol and backlash ignited by the rapid expansion of hyperscaler data centers. While critics and activists tend to focus their ire on resource consumption and residents’ electricity bills, the reality of data center economics is far more complex.  In this episode of Catalyst, host Shayle Kann sits down with Andy Lubershane, head of research at Energy Impact Partners, to unpack the nuances. They crunch the numbers behind utility rate structures, consider the "denominator effect" that can lower customers’ rates, and dig into the supply chain crunches pushing global power system costs higher. Shayle and Andy discuss: - Why a new data center can reduce utility rates for locals while contributing to rising costs elsewhere - How data centers impact utility tariff rates - Separating public perception of data centers from the reality of the grid - How soaring demand for transformers, switchgear, conductors, gas turbines, and labor is driving systemic cost increases across the power sector - Strategies to mitigate rising global grid costs, from load flexibility and distributed energy resources (DERs) to energy efficiency hardware - Catalyst: What comes after the data center backlash? - Catalyst: Enter the electric supercycle - Catalyst: Can AI revolutionize grid operations? - Catalyst: Inside the AI power wars - Open Circuit: As midterms approach, electricity bills are on the ballot - Open Circuit: Data centers have a Texas-sized energy problem - Latitude Media: The great home battery financing experiment Credits: Hosted by Shayle Kann. Produced and edited by Max Savage Levenson. Original music and engineering by Sean Marquand. Stephen Lacey is our executive editor. Catalyst is brought to you by EnergyHub. Peak season puts every grid to the test — and the utilities that pass are the ones that built flexible capacity before they needed it. EnergyHub works with more than 170 utilities to coordinate 2.5 million devices and 3.4 gigawatts of dispatchable flexibility through a single platform designed to perform when it counts most. See what that looks like at https://www.energyhub.com/ Catalyst is brought to you by Bloom Energy. Bloom Energy fuel cells deliver affordable, ultra-reliable onsite power for hospitals, utilities, and data centers – at speed and at scale. Learn more by visiting https://www.bloomenergy.com This episode of Catalyst is brought to you by ENGIE, the smarter energy supplier. ENGIE doesn't just provide the power to run your business — they supply the energy to move it forward, with reliable, flexible solutions built for what's next. Learn more at https://www.engieresources.com