GE Vernova expects 80 gigawatts of signed combined-cycle gas turbine contracts by year's end

Dec 9 - GE Vernova expects 80 gigawatts of signed combined-cycle gas turbine contracts by the end of the year as electricity demand from Big Tech's data centers ramps up, the U.S. power company said on Monday.

As data U.S. power demand reaches record highs from the proliferation of data centers, turbines and other equipment needed to produce electricity from natural gas and nuclear are getting a boost.