Market Trends

What opportunities exist for turbomachinery in the evolving energy landscape?

Carving a future for gas turbines in the face of decarbonization, hydrogen, and sustainability.

AES signed an agreement with the Government of Chile, allowing for the closure of 1,097 MW of coal generation by 2025.

Equinor, formerly Statoil of Norway, is helping to decarbonise the Humber, the UK’s largest emitting industrial region.

Australia’s first dual-fuel capable natural gas/hydrogen power plant to be built at the Tallawarra B Power Station in New South Wales

What will be the role of gas turbines and centrifugal compressors in the years ahead and how can they be designed to operate on hydrogen?

The utility and power sector workforce are ill-prepared for the megatrends of decarbonization and digitalization

The necessity of elevating the value of the customer experience and how growing trends like remote monitoring and digitalization can be used to achieve it.

LNG facilities on the Gulf of Mexico are to be equipped with carbon capture to provide cleaner LNG.

Turbomachinery, Oil & Gas, and Power Generation are all experiencing a greater frequency of attacks from cybercriminals.

Joël Heux, Managing Director at Sundyne, discusses market trends, hydrogen compression, carbon capture, and markets for pumps and compressors.

Design capacity reported a small increase, and demonstrated peak capacity reported a small decrease. The growing trend toward more natural gas-fired electricity generation generally encourages more storage capacity.

CO2 emissions in the U.S. electric power sector have dropped 28% over the last decade primarily due to coal-to-natural gas switching.

Turbomachinery International has been a regular visitor to the Baker Hughes Annual Meeting (AM) in Florence, Italy. But this year, a virtual format had to suffice.

A stable renewable-rich grid needs transmission build-out, and incentivized ancillary services.

Renewables expected to surge and fossil-fueled power to sag in new-build generation market.

Hydrogen turbines and Power-to-X technologies in carbon-neutral energy systems.

Baker Hughes moves on from GE, pushes A.I., digitalization, 3D printing and carbon capture.

Downward sales trend continues but uptick in orders expected throughout the next decade.