GE Vernova Starts the Year with Surge of New Turbine Orders
GE Vernova starts 2024 with a surge of orders for 9F, LM2500 XPRESS and 7HA gas turbines, with sales in Kuwait, Australia, and Mexico.
Category: Forecasts
Gas Turbine costs $/KW
With Combined Cycle plants, the benchmark prices for complete EPC plant scope (installed), we are seeing a range from $1,579/KW for 34MW output, to as low as $670/KW for 1,680MW power output.
Gas Turbine Prices to decline by 5-10%
The global pandemic has trampled all near-term energy forecasts and market projections for power-generating equipment, and the future depends on the rate of recovery.
World Energy and Fuels Outlook 2020
The World Energy and Fuels Outlook is a report prepared for the ASME Electric Power Committee (EPC) Fuels Committee, presented annually at the International Gas Turbine Institute meeting.
Reforecasting 2020 and budgeting 2021
As national economies take tentative steps toward reopening in the wake of the global Covid-19 pandemic, GTW’s Forecast offers insight into timing the economic recovery.
The GTW Market Forecast offers data on historical sales (by OEM, unit, and market share), and projects sales based upon expected market drivers.
The Market Forecast is an essential tool to understand where the industry is going.
SGT-700 powering China’s industrial CHP needs
With close to 100 units already in service since its launch 15 years ago, the Siemens SGT-700 industrial gas turbine is now set to finally make its mark on the Chinese CHP sector with a new project in Guangdong province.
Gas Turbine Aftermarket Outlook (2018-2027)
The 10-year aftermarket for gas turbine-only maintenance has declined from around $239B in 2015 to $200B in 2018, down nearly 16.3% in the last 4 years.
