videoSiemens Energy: Middle East power push straining gas turbine supply
- The gas turbine market is currently under significant strain, with demand outpacing supply, especially in the Middle East where electrification efforts are intensifying.
- Saudi Arabia has secured much of Siemens Energy's turbine capacity early, setting a precedent followed by the UAE, Oman, and other Middle Eastern countries.
- Data centers are competing for gas turbines, but Shoukry highlighted that 99 percent of demand comes from utility customers essential for critical infrastructure.
- Despite regional conflicts disrupting logistics, no projects have been delayed due to the crisis, although ongoing tensions may test this record.
- Siemens Energy is involved in rebuilding efforts in Syria, having signed a memorandum of understanding for new turbines and infrastructure amidst significant challenges due to the civil war.
