Gas Roars Back Into the Power Mix ...Middle East

OILPRICE - Economy
Gas Roars Back Into the Power Mix
source : OILPRICE ( Middle East ) () 101
Over the first five months of this year, 15 GW in new power generation capacity was added in the United States. Of that, 11.5% GW was solar, and just 1.3% was gas. However, things are about to change. There are 114 GW of new gas-fired generation capacity under construction and in pre-construction—a more than twofold increase from a year ago. The last four years saw a veritable boom in wind and solar capacity growth in the United States as the Biden administration pursued a net-zero agenda that involved a clampdown on new gas capacity in all…

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