Utility Dive•3 months ago
GE Vernova gas turbine backlog hits 100 GW as prices rise
- •GE Vernova's gas turbine backlog has reached 100 GW, indicating robust demand for new gas-fired generation capacity.
- •Gas turbine prices (dollar-per-kilowatt) are significantly increasing, signaling higher capital costs for new gas power projects.
- •The market is also experiencing substantial growth in orders for grid infrastructure and wind power equipment, pointing to continued investment in renewables and grid modernization.
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