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IEA Sees US Coal and Gas Plant Spending Hitting $50bn in 2026

  • Infra & Chips
  • Policy & Regulation

The International Energy Agency (IEA) has forecast that US-based spending on coal- and gas-fuelled power plants will reach $50 billion in 2026, driven by a rush to build data centres. The projection underscores how surging electricity demand from AI training and inference is pushing the US back toward fossil fuels.

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