Global Gas Power Buildout Faces “Turbo Lag” Even as Demand Surges ...Middle East

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Global Gas Power Buildout Faces “Turbo Lag” Even as Demand Surges
source : OILPRICE ( Middle East ) () 67
Canadian energy infrastructure company, TC Energy Corp. (NYSE:TRP), has unveiled plans to invest $8.5 billion over the next five years in U.S. power projects, banking on predictions of a 45 billion cubic feet per day increase in natural gas demand to meet surging power demand. According to TC Energy CEO François Poirier, gas-fired generation will power the ongoing AI build-out, adding that his company has a footprint in eight of the ten largest U.S. electric utilities. “It’s all about energy--and natural gas is going to be the…

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