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The IEA forecasts US investment in coal and gas-fired generation will reach $50 billion this year, about $3 billion more than China. The increase is driven by a surges in gas-turbine orders and sharp price rises as demand outstrips manufacturing capa

2026-07-01

The IEA forecasts US investment in coal and gas-fired generation will reach $50 billion this year, about $3 billion more than China. The increase is driven by a surges in gas-turbine orders and sharp price rises as demand outstrips manufacturing capacity. US customers ordered roughly 20 GW of gas turbines in Q1 2026. Modern AI data centers require 1 GW to several GW of power each—about the consumption of a Western city—adding material demand pressure for new thermal capacity.

Other News
2026-07-01

President Trump said the Republican Party will hold its midterm convention in Dallas, Texas.

President Trump said the Republican Party will hold its midterm convention in Dallas, Texas.
2026-07-01

A-share insurance sector extended gains; Xinhua Insurance rose over 6% and China Life climbed over 5%. PICC, CPIC and Ping An also advanced.

A-share insurance sector extended gains; Xinhua Insurance rose over 6% and China Life climbed over 5%. PICC, CPIC and Ping An also advanced.
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