High demand and backlogs for gas turbines in April 2025, Russ Greene notes

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Gas turbine demand rose in 2025

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07.05.2026

High demand and backlogs for gas turbines in April 2025, Russ Greene notes — Gas turbine demand rose in 2025

Russ Greene, industry influencer, observed that by April 2025, demand for gas turbines was high and rapidly increasing, primarily driven by advancements in AI.

According to Russ Greene, only a handful of companies dominated the market during this period, resulting in significant backlogs. Despite these conditions, the market had not fully priced in the elevated demand.

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Greene has commented on shifting wealth patterns in the U.S., noting that older Americans hold some $110 trillion in assets that are unlikely to move to heirs soon. Separately, industry legal risks have also come into focus, as corporations have turned to fraud defense strategies in lawsuits over alleged efforts to direct capital away from fossil fuels, according to reporting by Sheila Bapat. These developments provide further context to recent supply pressures in the gas turbine market.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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