Global Gas Turbine Orders Hit Record High as Power Demand Surges | HappeningNow.news

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Global Gas Turbine Orders Hit Record High as Power Demand Surges

Global orders for gas turbines have hit a record high as demand for power generation surges, according to JP Morgan.

Source OilPrice AI Summary Updated 2h 52m ago
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Global orders for gas turbines have hit a record high as demand for power generation surges, according to JP Morgan. New gas turbine orders in the second quarter stood at 38 GW, which was 29% higher than orders in the first quarter of the year, the bank said, as quoted by Bloomberg. The increase in second-quarter orders was much higher on an annual basis, t…

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