Combined cycle and geopolitical risk pair through gas-supply dependence: every new CCGT increases natural gas demand exposure to upstream supply chains that geopolitics can disrupt. Post 026 names this as the hedged-but-not-eliminated risk inside the $630B capex wave.
The Big Four hyperscalers commit $630 billion to 2026 capex, a 62% surge, while signing a White House pledge to fund both new generation and all grid infrastructure upgrades required to connect their loads, eliminating the transmission bottleneck as political constraint.
Combined cycle and geopolitical risk pair through gas-supply dependence: every new CCGT increases natural gas demand exposure to upstream supply chains that geopolitics can disrupt. Post 026 names this as the hedged-but-not-eliminated risk inside the $630B capex wave.
The Big Four hyperscalers commit $630 billion to 2026 capex, a 62% surge, while signing a White House pledge to fund both new generation and all grid infrastructure upgrades required to connect their loads, eliminating the transmission bottleneck as political constraint.