South Korea has chosen a $22 billion gas-fired power project in Encinal, Texas as the first US investment under last year’s trade-agreement framework, YONHAP and other Korean media report. Total capacity will be about 6.3 GW, beginning with a 1.4 GW gas-turbine unit and followed by 4.9 GW of combined-cycle capacity. The project is intended to help meet surging electricity demand from AI data centers and could ease months-long strains in the US–South Korea alliance over the pace of Seoul’s invest

South Korea has chosen a $22 billion gas-fired power project in Encinal, Texas as the first US investment under last year’s trade-agreement framework, YONHAP and other Korean media report. Total capacity will be about 6.3 GW, beginning with a 1.4 GW gas-turbine unit and followed by 4.9 GW of combined-cycle capacity. The project is intended to help meet surging electricity demand from AI data centers and could ease months-long strains in the US–South Korea alliance over the pace of Seoul’s investment commitments.