Dumoulin-Smith: Utility-scale solar faces supply deficit from data center demand
Julian Dumoulin-Smith · Tumult in residential solar · Jul 10, 2025 · at 22:55
Jefferies analyst Julian Dumoulin-Smith discusses how tech and data center power procurement insulates utility-scale solar developers from tax credit policy changes.
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“Look, utility scale solar, look, the reality is that market is principally driven by CNI demand, commercial and industrial demand. What is that? Effectively, it amounts to tech companies, data center demand, right? Like, am I really worried substantively that someone's not going to step in and want to enter the utility scale market to buy renewables in the future? We've already got a clear deficit of supply to meet what effectively is, is tech and C&I demand out there, right?”
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