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GE Vernova gas turbine delays could cap near-term AI data center power
GE Vernova said deliveries for heavy-duty gas turbines ordered today may not arrive until 2031, with data center power demand projected to rise to 66 GW by 2027.
GE Vernova said on its July 22 earnings call that ordering a heavy-duty gas turbine today can mean delivery timelines that extend to 2031, highlighting a production constraint for power buildouts tied to AI data centers, OilPrice reported.
Goldman Sachs analysis cited by OilPrice projects US data center power demand to climb from 31 gigawatts in 2025 to 41 GW this year and 66 GW in 2027, while capacity additions accelerate on a year over year basis.
The company’s backlog and contracting outlook suggest the bottleneck is already built into schedules. GE Vernova closed the second quarter with 116 GW of gas power equipment backlog and slot reservation agreements, up from 100 GW three months earlier and 83 GW at the end of 2025, and it expects at least 125 GW under contract by December.
GE Vernova’s production plan calls for roughly 20 GW annualized this quarter, 24 GW by 2028, and a push toward 30 GW by 2030. OilPrice also said Siemens Energy ended its fiscal third quarter on June 30 with a 69 GW gas turbine backlog, with lead times running three years or more.