The cautious stance of major manufacturers like Siemens Energy and Mitsubishi Power is understandable given their history, yet the consequences of underestimating this demand are profound. While the wait times for new combined-cycle turbines stretch toward seven years, the competitive landscape is subtly shifting. For GE Vernova, currently focused on leveraging its existing fleet and service contracts, the strategic challenge is balancing near-term profitability against the long-term risk of market share ...