A global shortage of new gas turbines, with delivery times averaging six years, is driving AI data center developers and power producers to buy used turbines and entire gas plants. GE Vernova leads with a massive backlog and pricing power, while companies like Vistra and NRG are acquiring or selling operational plants to capitalize on the scarcity. This bottleneck boosts revenues for turbine makers and owners of existing capacity, impacting power prices and investment strategies. Key upcoming events include GE Vernova's slot reservations, NRG's data center project announcements, and PJM capacity auctions, which will further shape the market.
Shares of GE Vernova and Vistra are rising as the turbine shortage supports their market positions. On Pluang, GE Vernova trades at USD 829.80, up 7.19%, while Vistra is at USD 133.25, up 6.77%. These prices are as of Nov 10, 2026 00:02 WIB.
GE Vernova's stock fell over 22% in a month due to election-driven fears about data center regulations, despite the company reporting record orders of $29.3 billion and a backlog nearing $197 billion. The selloff misjudged demand, as about 80% of gas...
Bloom Energy and GE Vernova reported strong third-quarter results as they compete to supply power to AI data centers. Bloom Energy focuses on fast-deploying onsite fuel cells, showing 138% revenue growth and strong pricing power, while GE Vernova sel...
GE Vernova's stock has fallen over 25% in the past month amid fears of a Democratic sweep impacting industrial stocks. Despite this, the company’s order backlog has grown from $150B at the end of 2025 to nearly $200B in Q3 2026, with strong free cash...
