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CERAWEEK-Cost to build gas plants has tripled over the last decade, Carlyle energy investment officer says
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CERAWEEK-Cost to build gas plants has tripled over the last decade, Carlyle energy investment officer says
Mar 24, 2026 11:23 AM

(.)

HOUSTON, March 24 (Reuters) - The cost of building gas

plants has topped $3,000 per kilowatt, more than tripling over

the last decade, Carlyle's energy investment officer said on

Tuesday.

"There's a real increase that's happened, and that's

flowing into the power prices in the market today," Matt

O'Connor, chief investment officer of international energy at

Carlyle, said at the CERAWeek conference in Houston.

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