EIA: Developers will add 18.7 GW natural gas-fired power by 2028
The Energy Information Administration announced on Wednesday that developers plan to add 18,7 gigawatts of combined-cycle power to the U.S. grid by 2028. This follows minimal additions the year before.
According to the EIA, 4.3 GW of power is currently under construction.
The majority of natural gas-fired power generation in the country is generated by combined-cycle gas generators (CCGTs), flexible and efficient power producers.
The EIA stated that 1.6 GW of new CCGT capacity is planned for 2025. This represents a significant increase over the 98MW of CCGT added at Louisiana's Plaquemines Plant in 2024.
The recent slowdown of CCGT project was partially due to a shift towards renewables, such as solar and winds. This shift is partly driven by lower construction costs and incentives from the federal government.
Most of the additions to the 3.3 GW planned for 2027 have not yet been constructed, but more than half are already under construction.
The EIA stated that an additional 10.6 GW of CCGT capacity could be added by 2028. This would mark the largest increase in annual CCGT capability since 2018.
These projects are subject to delays due to the need for regulatory approvals and equipment.
(source: Reuters)