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Why Interconnection is the True Bottleneck

Interconnection is often treated as an administrative step in data center development. It is not. Interconnection is the process of securing permission and capacity to connect a project to the electrical grid, and it is the single biggest timing risk in digital infrastructure development. This session explains why interconnection, not land, capital, or demand, determines which projects move forward and which stall. It focuses on how queues work, who controls the real choke points, and why traditional real estate intuition consistently underestimates infrastructure risk. The emphasis here is on mechanics rather than prediction. How grid constraints shape outcomes, why proximity to power is not the same as power availability, and how mis-sequencing leads to stranded capital. This session is designed as a decision-grade explainer for investors, developers, and professionals working at the intersection of real estate, energy, and digital infrastructure.