Gas CCGT Costs Up 66%: How Data‑Center Demand Is Reshaping Energy

Colleagues, a notable development in data‑centers and energy.

BloombergNEF: combined‑cycle gas plant (CCGT) construction costs rose 66% in two years to $2,157/kW; lead times increased 23%.

- Data‑center and AI demand has created a gas‑turbine shortage.
- Merchant gas plants are gaining traction, but renewables with long‑duration storage (e.g., Google's projects) offer an alternative.
- Expected demand growth from 40 GW to 106 GW by 2035 changes the scale.

Why it matters: higher costs and shortages affect project economics and power‑architecture choices.

Do you favor gas or accelerating the shift to renewables with long‑duration storage?

#datacenters #energy #renewables #AI