Insight
Turbocharged vs turbo lag: The new landscape for gas-fired power
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Report summary
In the next two decades, global power demand is set to surge. Natural gas-fired power, as a dispatchable, low-carbon electricity source, may be poised for a bull run. In 2024, global orders for gas-fired turbines surged 32% year-on-year. A “gold rush” is how one of the leading gas turbine manufacturers characterized market demand earlier this year.
Table of contents
- The new landscape for gas-fired power
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