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

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…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com