Gas-fired power: turbocharged potential meets turbo lag reality

Jack Burke Senior Editor, Compressor Tech2

May 16, 2025

New report outlines strong demand but warns of headwinds through 2040

A surge in global demand for gas-fired power generation is underway, with gas turbine orders rising 32% year-on-year in 2024, according to a new analysis by Wood Mackenzie. The consultancy says the market is entering a “gold rush” phase, driven by soaring electricity needs and the global transition away from…

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Jack Burke Senior Editor Tel: +1 262 527 0815 E-mail: [email protected]
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