Natural gas turbine prices have nearly tripled, benefiting related stocks
2026-08-24 00:49:57
According to CoinMeta, the price of natural gas turbines is expected to nearly triple, and related stocks are benefiting from this. As the demand for on-site electricity in the artificial intelligence (AI) industry increases, natural gas turbines have become key equipment. Although most of these turbines have not yet been put into operation, according to a report by BloombergNEF, nearly 100 data centers are currently being built or equipped with on-site natural gas turbine power generation infrastructure. PwC expects that by 2035, the consumption of natural gas in the AI industry will increase fivefold, with turbines accounting for the majority of that growth. Despite the higher initial costs, their long-term cost-effectiveness and self-sufficiency make them favored by owners and operators.
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Source:Internet
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