Pro-Per Energy Services
Electricity consumption, stable for the last twenty years, is predicted to rise by an average of 1.7% annually in the upcoming years and surpass 6,000 TWh by 2050, indicating a 50% increase from 2024 figures.
This demand is fueled, among other factors, by the swift expansion of data centers and artificial intelligence, the return of US manufacturing capabilities from abroad, and the rising electrification of construction, transportation, and industry. This will put extra pressure on equipment supply chains, especially for gas turbines, which account for over 40% of electricity in the US, according to the department.
Additionally, because of the recent increase in electricity demand, the delivery time for gas turbines has increased from two to three years to seven years. Restricted availability has caused an increase in prices.
According to the report, extended lead times and elevated costs pose a risk to the efficient provision of electricity to satisfy demand.
To evaluate the obstacles limiting the production capability of U.S. gas turbine producers, the Department of Energy is requesting feedback from stakeholders regarding manufacturing technology, workforce, suppliers, and materials. The agency will gather the data until January 30, 2026.
source: cnn.com
This demand is fueled, among other factors, by the swift expansion of data centers and artificial intelligence, the return of US manufacturing capabilities from abroad, and the rising electrification of construction, transportation, and industry. This will put extra pressure on equipment supply chains, especially for gas turbines, which account for over 40% of electricity in the US, according to the department.
Additionally, because of the recent increase in electricity demand, the delivery time for gas turbines has increased from two to three years to seven years. Restricted availability has caused an increase in prices.
According to the report, extended lead times and elevated costs pose a risk to the efficient provision of electricity to satisfy demand.
To evaluate the obstacles limiting the production capability of U.S. gas turbine producers, the Department of Energy is requesting feedback from stakeholders regarding manufacturing technology, workforce, suppliers, and materials. The agency will gather the data until January 30, 2026.
source: cnn.com