ISSUE 002 · The Aroko Letter
A Tale of Two Grids
Energy transition and geopolitics collide on the same wires
An early look at how energy-transition politics and geopolitical risk compete for the same limited grid capacity — the seam the Letter has kept returning to ever since.
Key takeaways
- One of the two founding threads — alongside Issue 1’s chip-geography argument — that the Grid-Silicon Order later formalizes.
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Forecasts this issue put on the watchlist
Open Grid Connections & Local ApprovalPUC exit fee dockets in Virginia, Texas, Georgia, and Ohio.
Quarterly
Open Grid Connections & Local ApprovalFERC gas lateral permitting timelines.
Quarterly
Open Power EquipmentGE Vernova / Siemens equipment backlog.
Quarterly earnings
Open Power EquipmentHyperscaler CCS / SMR milestones — Google's Broadwing CCS and Amazon's X-Energy SMR.
Semi-annually
Resolved: held FinancingOBBBA safe-harbor project starts ahead of the July 2026 cutoff.
Monthly through July 2026
Open Grid Connections & Local ApprovalBehind-the-meter vs. grid-tied capacity ratio (EIA Form 860).
Quarterly, EIA Form 860
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