After a decade focused largely on renewable development, the U.S. energy economy is now being defined by grid modernization, resilience, effective distribution, and rising demand from data centers and AI infrastructure.

In Stout’s 1H 2026 Energy Industry Update, our Energy team examines the forces shaping the sector, drawing on recent transaction experience, conversations with market participants, and analysis of key trends and broader market health.

We’re also pleased to feature a collaboration with Filsinger Energy Partners, whose commentary on power prices adds further depth.

Key topics include:

• 86 GW of new capacity expected online in 2026, led by solar and storage
• Six regions now facing high reliability risk
• Structurally high power prices in PJM and MISO
• OBBBA tax rules and the July 2026 safe-harbor deadline