“We now expect to have at least 125 GW of gas equipment under contract by year-end 2026.”
Said Jul 22, 2026Deadline Dec 31, 2026GE Vernova second quarter 2026 earnings release, July 22, 2026
Gas power backlog plus slot reservations stood at 116 GW at the end of Q2 2026 (up from 100 GW in Q1), and the target was raised from the 110 GW guided in April; analysts have suggested the market expects 130–140 GW.