Data-center large-load agreement advances to local zoning and will be incorporated into CMS's September IRP, with initial service potentially as early as 2028.
Each gigawatt of new large load could add $2 billion to $5 billion of incremental capital spending for generation, storage, and grid infrastructure.
CMS identified $3 billion of utility capital opportunities—$2 billion for utility renewables and $1 billion for distribution reliability—in the back half of the five-year plan.
CMS's upcoming IRP includes about 1.5 GW of net natural-gas capacity to replace retiring peaking units and support resource adequacy.
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