Utility Dive•25 days ago
GE Vernova Q4 gas turbine orders surge 74%
Key Takeaway
The market shows strong investment in both dispatchable gas-fired generation and global wind power, despite U.S. policy challenges impacting renewables.
AI Summary
- •GE Vernova experienced a 74% surge in Q4 gas turbine orders, indicating robust demand for new thermal generation capacity.
- •Global wind turbine orders increased by 8% in 2025, suggesting continued, albeit potentially challenging, growth in renewable energy.
- •The Trump administration's efforts to stifle offshore wind development highlight potential policy-driven headwinds for U.S. renewable projects.
Topics
ccgtoempolicysimple-cyclewind