Xin Lang Cai Jing·2026-02-25 00:30Group 1 - The core viewpoint of the report indicates that the AIDC (Artificial Intelligence Data Center) construction is entering a period of rapid growth, with an estimated CAGR of approximately 55% for electricity capacity demand driven by AI in the U.S. from 2025 to 2028 [1] - Cumulative demand over the next three years is expected to exceed 150 GW, leading to significant electricity demand and creating opportunities for supporting equipment [1] - The current electricity shortage in North America is becoming more pronounced, making self-built power sources a major trend, with gas turbines being prioritized as the main power source for AIDC due to their rapid response, high power adaptability, lower generation costs, and high reliability [1] Group 2 - Global leading gas turbine manufacturers currently have order backlogs that far exceed their existing production capacity, prompting them to advance capacity expansion plans [1] - However, the upstream supply chain for gas turbines is expanding cautiously, leading to increasing tightness in the industry chain, which presents opportunities for domestic gas turbine complete machines and core component supply chains [1] - Additionally, there is a focus on solutions to fill the gaps in ship-to-gas and aviation-to-gas conversions [1]