CITIC Securities: Power shortage remains main theme for the year, steadfast bullish on gas turbine industrial chain

MetaMuskRat · 2026-03-24T07:52:59+00:00

RMB Financial News, March 24 – According to a China CITIC Securities research report, power shortage remains the main theme for the year, with strong conviction on the gas turbine industry chain. Based on China CITIC Securities' calculations, global gas turbine demand will exceed 120GW by 2028, with anticipated global gas turbine supply of approximately 90GW, and the gap continues to widen. The firm maintains a positive outlook on the gas turbine industry chain and trends such as ship-to-gas conversion.

MetaMuskRat

2026-03-24 07:52:59

People’s Financial News, March 24 — CITIC Construction Investment reports that power shortages remain the main theme for the year, with a strong outlook for the gas turbine industry chain. According to CITIC Construction Investment estimates, global demand for gas turbines will exceed 120GW by 2028, with an expected global supply of about 90GW, resulting in a widening gap. The industry remains optimistic about the gas turbine supply chain and trends such as ship-to-ship fuel conversion.

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