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Stock impact report

BKV CEO: Natural gas is only viable way to build gigawatt capacity in 2-4 years [Yahoo! Finance]

BKV Corporation (BKV) 
Company Research Source: Yahoo! Finance
BKV Corp NYSE:BKV ) CEO Chris Kalnin made that case in a recent interview, and from my perspective the data behind BKV backs him up. "If you need a gigawatt of energy, a gigawatt in two or 3 or 4 years, there's only one way to get that. It's not turning on more wind, it's not turning on more solar. And it's certainly not building a nuclear plant. It's putting up a combined cycle natural gas plant." Chris Kalnin, CEO, BKV Corp Natural gas supplied nearly 60% of ERCOT power during peak load periods — nearly four times the next closest source. Within ERCOT, natural gas supplied nearly 60% of power generation during peak load periods, representing nearly four times the next closest source. Kalnin described a paradigm shift happening over the last six weeks driven by hyperscalers and data center customers who need gigawatt-scale power commitments on timelines no other technology can match. BKV's Position on the ERCOT Grid BKV's Temple Energy Complex sits at the center of this the Show less Read more
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