Interesting report on GE-Vernova, leading builder of gas turbines.
Confirms at the end that there are long lead times for new turbines – 3 years estimated in this case.
Major advantage for renewables, particularly solar, which can be brought on line much faster.
Below, Uber Utility NextEra CEO John Ketchum on the relative time frame for building gas, nuclear and renewables.
Below, venture capitalist Chamath Palihapitiya makes the same point.
Chinese producers have been sanctioned from selling to the US, but as of 8 months ago (i.e., pre-war), the local jet engine company Aero joined the race to fill the gas turbine demand in the rest of the world (including gas-rich countries in the Middle East).
Sanctioned Chinese company builds revolutionary natural gas turbine. Who will buy it? Everyone.