news flash·2025-05-17 01:55Core Viewpoint - The latest report from Huatai Securities indicates a significant increase in global gas turbine orders, driven by various factors including changes in energy policies, a shift from oil to gas in the Middle East, and rising AI power demand [1] Group 1: Market Trends - According to McCoy statistics, global gas turbine new orders are expected to grow by 36% year-on-year to 20 GW in Q1 2025 [1] - The energy policy shift following overseas elections is contributing to the positive outlook for gas turbines [1] Group 2: Industry Implications - The recent power outage in Spain in early May may prompt a reevaluation of the flexibility and adequacy of synchronous units in the power structure [1] - The increase in overseas gas turbine main engine orders is anticipated to boost both quantity and price, benefiting domestic manufacturers of hot-end blades and cold-end casings through export opportunities [1]