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Fossil fuel generation pipeline rebounds while new clean generation slows: EDF
However, “rising gas turbine costs and supply shortages are already making new gas plants more expensive and slower to build,” David Villagrana, EDF’s lead counsel for clean energy tax solutions, told Utility Dive.
AI Summary
EDF reports that rising gas turbine costs and supply shortages are making new gas plants more expensive and slower to build. Despite clean energy still accounting for the largest share of planned U.S. power sector development, overall planned development has slowed. At the same time, fossil fuel deployments have caught up. EDF notes that, based on capacity factors, planned natural gas project capacity is now comparable to that for solar and wind.
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