CSC Report: Persistent Power Shortages Drive Growth in Gas Turbine Industry Chain
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Author:小编   

According to a research report released by CSC, there has been a steady influx of overseas orders for domestically manufactured gas turbines. Companies such as Dongfang Electric, China Power, and AECC Aviation Power have distinguished themselves in this competitive landscape. Additionally, sustained price increases are being observed across the entire industry chain. Following GEV's decision to raise gas turbine prices in March, Jereh also increased its order prices. This indicates a broader trend of price escalation for domestically produced gas turbines, which holds the potential for enhanced profitability.

Throughout the year, power shortages have remained a key concern, highlighting the promising prospects for the gas turbine industry chain. CSC forecasts that by 2028, global demand for gas turbines will surpass 150GW, while supply is projected to fall short of 100GW. This widening gap is expected to further benefit the gas turbine industry chain and drive the trend of converting ships to gas power.