EIA nearly triples its US gas plant forecast to 66 GW

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EIA nearly triples its US gas plant forecast to 66 GW
PrimeXBT Editorial Team
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The U.S. Energy Information Administration nearly tripled its forecast for new gas plant capacity, now projecting 66 gigawatts between 2026 and 2030 against an earlier 23 GW. E&E News ties the jump to President Trump’s energy policy and the rise of artificial intelligence.

The Energy Information Administration now expects 66 gigawatts of new gas plant capacity to be built between 2026 and 2030. That nearly triples the 23 GW the agency predicted at the start of 2025 for the same period.

The revision measures how far the American energy landscape has shifted since President Donald Trump took office. According to E&E News, the sudden gas boom reflects both Trump’s energy policy and the rise of artificial intelligence.

Trump has spent the first 18 months of his presidency scrapping subsidies for renewable energy projects and rolling back climate rules. Among his administration’s proposals is eliminating carbon dioxide regulations on new gas-fired power plants.

For traders tracking the natural gas market, the shift sits against a policy backdrop that has swapped renewable subsidies for looser rules on gas plants.

Source: E&E News by POLITICO (snippet-based)

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