South Korea is considering spending $22.3 billion on a natural gas power project in Texas, which would mark the first investment under its $350 billion commitment to the US, according to government sources Tuesday. The project proposed for Encinal, Texas, would build a 6.3-gigawatt gas-fired power plant in Texas to meet surging electricity demand fueled by the rapid expansion of artificial intelligence data centers and advanced semiconductor facilities in the state. The industry ministry had rep
Leave a Reply