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In the media

‘Gas is back in vogue’ as Trump embraces fossil fuels

By Amanda Chu

Financial Times

23 January 2025

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Akshat Kasliwal is featured in the Financial Times highlighting the resurgence of US gas-fired power plants under Trump’s fossil-fuel-friendly policies.

With 80 new plants projected by 2030, this shift is driven by soaring AI-driven electricity demand and manufacturing growth. Kasliwal notes that gas, previously in decline, is now a key energy source. However, increased gas reliance raises concerns about decarbonization and supply pressures, challenging Trump’s ambitions for both domestic demand and LNG exports.

“Gas is back in vogue,” said Akshat Kasliwal, a power analyst at PA Consulting. “Gas-powered facilities for years were in the trenches and they faced an anaemic outlook, but that’s now all changing once again.”

Read the full article here.

Energy and utilities

We work across the energy value chain to help our clients thrive in complex energy markets and establish next generation utilities and technology.

Natural gas and power 

At a time of profound policy shifts and technological change, our collaborative approach brings insight, value, and efficiencies.

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Electric thermostat set to 68°F with hand on the dial
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