Reports Flag Soaring Costs, Delays for New Gas-fired Generation
WoodMac Explains 195% Turbine Price Hike; IEEFA Urges Renewable Alternatives
Manufacturers are reporting yearslong backlogs for heavy-duty gas turbines such as this 7HA.03, shown in GE Vernova’s Greenville, S.C., factory. | GE Vernova
Apr 9, 2026
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One new report flags risks entailed in the massive planned buildout of gas-fired generation, while another predicts a sharp continued rise in gas turbine prices.
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