Global Gas Power Buildout Faces “Turbo Lag” Even as Demand Surges
4 Articles
4 Articles
Global Gas Power Buildout Faces “Turbo Lag” Even as Demand Surges
Canadian energy infrastructure company, TC Energy Corp. (NYSE:TRP), has unveiled plans to invest $8.5 billion over the next five years in U.S. power projects, banking on predictions of a 45 billion cubic feet per day increase in natural gas demand to meet surging power demand. According to TC Energy CEO François Poirier, gas-fired generation will power the ongoing AI build-out, adding that his company has a footprint in eight of the ten largest …
TC Energy Shifts Focus in the US While Keeping an Eye on Canadian Opportunities
TC Energy has recognized that the United States currently offers the most attractive environment for returns on energy infrastructure projects. The company’s leadership views the American market as more lucrative than the Canadian market, prompting them to expand their operations. As global energy markets experience rapid growth, major players want to use this opportunity, so they are rethinking their strategies to remain competitive and resilie…
TC Energy Bets on US Even as Canada Plans LNG Expansion - Energy News, Top Headlines, Commentaries, Features & Events
By Mia Gindis TC Energy will focus on ramping up US investments to meet soaring power demand despite signals Canada is showing a more energy-friendly stance. “The returns we can earn in the United States are significantly more attractive than they are in Canada,” Chief Executive Officer and President Francois Poirier said in an interview ...
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