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Siemens Energy’s 69 GW Backlog Shows Gas Power Demand Is Surging Again
Key Takeaways
- Siemens Energy reported a 69 GW gas turbine backlog after booking 15 GW of new orders in one quarter.
- Executives said lead times now run three years or more, indicating a sustained equipment crunch.
- The company is expanding both gas turbine and transformer manufacturing to meet rising power demand.
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DT Editorial Team··via utilitydive.com