Beyond the Queue The regulatory map that determines where America's next infrastructure actually gets built.

Queue data tells you where projects want to be. Regulation tells you where they'll actually be built.

The interconnection queue is the most widely cited data set in US power-sector capital allocation — and the most widely misread. It measures demand to build, not probability of completion. In the 2000–2018 cohort, only one in five projects reached commercial operation.

Beyond the Queue maps the missing variable. It links queue positions to six dimensions of state-level regulatory environment — legislative direction, permitting timelines, utility commission posture, zoning, environmental constraints, legal-challenge history — to produce a composite Regulatory Risk Score by state.

• The scale of the 2,600 GW backlog, broken down by ISO and technology.
• FERC Order 2023 — what the reforms fix and what they leave untouched.
• A state-by-state Regulatory Risk Score for the 20 most queue-active states.
• Deep dives on five regions — PJM, ERCOT, CAISO, MISO, Southeast — with where queue meets regulation, and where it doesn't.
• The data centre dimension: how AI-driven large-load demand is rewriting the regulatory landscape in real time.
• Implications for capital allocation: where the convergence zones are, and where the dead zones sit.