Overview
- Siemens Energy reported record order intake and an order book of about €154 billion with roughly 87 gigawatts of gas‑turbine orders and reservations, the company said this week.
- Company leaders say roughly one quarter of the gas backlog comes from datacentres and hyperscalers, with the U.S. accounting for a large share of global demand.
- Management insists it is expanding production and does not expect lasting overcapacity even as lead times for big turbines and transformers stretch to about four years.
- Siemens Gamesa is approaching break‑even this fiscal year but warns that stalled European offshore tenders could force resource cuts from around 2028 if follow‑on orders do not arrive.
- The firm says national policy matters: Germany’s plan for up to 12 GW of new flexible plants is awaiting EU state‑aid approval and executives are urging faster infrastructure decisions to keep AI and datacentre investment onshore.