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Five-Year Waits and Surging Costs Are Gripping Gas Turbine Markets
The global gas turbine market is experiencing demand-driven supply shortages stretching lead times to five years or more and pushing costs to unprecedented levels, creating reliability risks for utilities that assumed turbines would remain readily available.
Key Takeaways
- Gas turbine lead times have stretched to five years or more as AI data center demand and coal retirements simultaneously strain supply
- Critical turbine components like high-temperature blades require specialized manufacturing that cannot be rapidly scaled regardless of capital availability
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DT Editorial Team··via utilitydive.com