Iran “excursion” is the cluster that keeps on fucking.
Hard to imagine what a malevolent AI could have devised that would be more maximally destructive to exactly those constituencies the administration promised to serve. Historians will marvel.
Driven by increased electrification demand, especially around the expansion of data centers, the gas turbine market faces a significant market imbalance that will see prices surge through 2027, according to a new report from Wood Mackenzie.
Gas turbine prices are projected to rise to $600/kW by the end of 2027, a 195% increase since 2019,..
Restricted shipping through the Strait of Hormuz is also likely to impact the price and availability of components needed for gas turbine manufacturing, Bobby Noble, senior program manager of gas turbine research and development at the Electric Power Research Institute, told Utility Dive in an interview. “So it will be interesting to see in the next couple months how quickly some of those increased potential costs will start playing into the estimates that are being given.”
“While there may be manufacturing facilities here in the U.S. or in Europe or in Asia that can locally produce gas turbines and other components — the raw materials, the ceramic coating material and other things — there’s only going to be so much supply available right now before we need to look at where those components or materials can be sourced from, and see if there’s an adverse effect due to the current global situation,” Noble said.
“Of course, anything that has to be shipped, those costs will likely rise,” he added.
Continue reading “Hormuz Closure a Big Wrench in LNG Plans”
