DeepStack
Research
Thesis book

The power bill

Power sold in the data-center states, the grid's capacity price, the household bill, gas at Henry Hub and the power producers' revenue: who pays for the load.

Heat 58/1002 theses

The side the house takes

Gas is the bridge fuel for AI load · Gas is still the bridge fuel for AI load

The other side

Gas supply tightness, not non-gas buildout, caps gas's share · Solar and wind take the increment; gas slips

  • Did gas outgrow wind, solar and nuclear in 2026 US power?The house's side: Gas is the bridge fuel for AI load
  • Will US gas-fired power grow in 2027?No side taken yet

Thesis, sides and Parts from the DeepStack engine, data as of Nov 10, 2026. Analysis and opinion, not investment advice.

Research foundation

The Parts filed under this thesis, newest first.

  • +11.7%Part 13

    Median rise in the household price per kilowatt-hour across the nine jurisdictions PJM serves, year to July 2026

  • +6.6%Part 13

    The national household price per kilowatt-hour over the same twelve months

Markets that test the thesis

Measurable outcomes, not a vote on the whole thesis. One card per event, the whole ladder on it.

Implied = the midpoint of bid and ask, in c. YES and NO are buy prices; they include the spread.

Thesis discussion

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