Coal and CCGT help support steam turbine market
The global trend towards the use of renewables is not denting the demand for older methods of power generation
Electricity supply industries worldwide are changing as concern over climate change increases and regulatory systems adapt to take account of climate concerns. However, the world market for power generation systems' hardiest equipment-large — scale steam turbines of over 120MW capacity — seems set to remain resilient over the medium term, industry officials and analysts say. They attribute this strength to continued development of coal-fired generation in the Asia-Pacific region and to an expected rebound in orders for combined-cycle gas turbine (CCGT) power stations. "Although there are drops in gas turbine orders, the market for steam turbines will remain significant, as turbines utilised
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
