Post by Mark Rogers, PG, CPG

Germany’s RWE plans nearly $20B US investment, including natural gas peakers. RWE had put U.S. investment decisions on hold, in part due to tariff uncertainty, but officials credit the One Big Beautiful Bill Act last year with jump-starting its plans to build fossil plants. RWE AG plans to spend about $19.6 billion to build 9 GW of capacity in the United States, including a new foray into U.S. gas peaking plants, the German energy giant announced Thursday as part of its 2025 earnings presentation. “We want to expand our business even more than previously planned,” RWE CEO Markus Krebber said in a statement. “We will be investing almost half of our total investment volume [in the U.S.] over the next six years.” The company has a total worldwide planned investment of €35 billion, or about $40 billion, through 2031. I like seeing the continued increase in baseload power capacity in the US to support increased demand driven by AI data center growth. However, the WH administration's politization of US energy by cutting over $8B in clean energy (congressionally approved, blue states not voting for Trump) has impacted short-term power generation as expensive fossil fuel electricity is pushed on US taxpayers. https://lnkd.in/ghn-4-pt