In-depth

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Perspective
19 May 2022

US gas-fired power: Life extensions

In:
Power
Region:
Americas
Reporter
Data from the US Energy Information Administration shows that in 2021 natural gas accounted for the largest portion of electricity generation in the US at 38% with coal at 22% and renewables at 20%. Given coal-fired power is gradually shutting down and the transition fuel status of gas, why is the greenfield US gas-fired power project finance market so quiet?

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