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Story summary
- The International Energy Agency says U.S. investment in coal and gas power will exceed China’s for the first time in decades, with spending at $5 billion this year, $300 million more than China.
- U.S. spending on coal and gas power is forecast to reach $50 billion, the highest level in 25 years.
- A surge in data-center and AI workloads has prompted U.S. customers to order 20 GW of gas turbines in Q1 2026, pushing prices higher.
