Is New-Build, Gas-Fired Generation Making a Comeback in the U.S.?

Is New-Build, Gas-Fired Generation Making a Comeback in the U.S.?

August 6, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The "dash to gas" in the new-build U.S. Electric Power market may be in the early stage of a comeback. If these early signs are confirmed, the resurgence will not be because gas has displaced renewables in the U.S. new-build power generation market. Instead, it will be because the number of planned generation projects is growing dramatically, according to data tracked by Industrial Info Resources. Two forces are shaping what may emerge as a bona fide trend: mounting concern over the supply of dispatchable power and the surge of data center construction, which has driven up electric utilities' projected peak electric demand.

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