Siemens gas turbine backlog reaches 70 GW amid three-year lead times

Siemens booked 15 GW in new gas turbine orders this quarter and plans to expand transformer manufacturing capacity 50% by 2030, reflecting prolonged supply constraints in grid equipment as utilities rush to add generation capacity.

First covered Aug 10, 2026 · 5:00 AM PT · 1 article

Coverage

1d Utility Dive Siemens’ gas turbine backlog nears 70 GW as company expands manufacturing — The company booked 15 GW in new orders this quarter, executives said, with lead times running three years or more.

More coverage from around the web

energynewsbeat.co Siemens’ gas turbine backlog nears 70 GW as company expands manufacturing - Energy News Beat

turbomachinerymag.com Siemens Energy Posts Record Backlog, Joining GE Vernova and Baker Hughes in a Record Quarter for Gas Turbines | Turbomachinery Magazine

spglobal.com US gas-fired turbine wait times as much as seven years; costs up sharply | S&P Global

orbanlabs.com Gas turbine lead time · The Orban Journal

orbanlabs.com Gas Turbine Supply Crunch · The Orban Journal

Appeared in: 2026-08-11 (#15)

← Back to the brief

Siemens gas turbine backlog reaches 70 GW amid three-year lead times

Coverage

Related stories

More coverage from around the web