Gas Power Is Cheaper to Buy Than Build in the US
Companies are adding capacity at comparative bargains to satisfy AI’s thirst for energy.
The Cipher Mining Inc. data center in Odessa, Texas.
Photographer: Justin Hamel/BloombergThis article is for subscribers only.
Welcome to our guide to the commodities markets powering the global economy. Today, Power and Natural Disasters Americas Team Leader Brian Eckhouse looks at the feeding frenzy for US electricity plants.
If there was any lingering doubt about whether gas-fired generation plants are the hottest targets in the US power system, the recent flurry of deals likely extinguished it.