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The future needs power. Are your assets ready?

How optimizing existing assets is helping fleets keep pace with rising demand.

Why existing assets hold the key to an AI‑driven world

Global power demand is climbing at a pace few expected. 

According to the IEA, demand is set to rise by 3.7% in 2026 - more than double the pace of overall energy‑demand growth. While slightly lower than the 4.4% surge seen in 2024 and the prediction of 3.3% for 2025, it remains well above the 2015–2023 average of 2.6%.

Fueled by the explosive growth of AI, unprecedented data‑center expansion, and rapid electrification across industries, the world’s energy systems are being pushed harder than ever.

One of the biggest pressures? New power units now take upwards of three years to deliver —far too slow for operators under pressure to increase output today.

Operators needing capacity fast are turning to a more practical option. And increasingly, that means enhancing the assets they already own.

As a result, organizations are increasingly turning to a more immediate, practical pathway: unlocking more performance, efficiency, and reliability from their existing asset base.

 

Extending life, accelerating value

Life extension, refurbishment, and targeted optimization are becoming essential tools. Existing assets can be upgraded and returned to service far more quickly than waiting for OEM timelines - and at a far more efficient cost.

That momentum aligns with a broader industry shift. The gas turbine service market is projected to reach USD 54.6 billion by 2035, growing at a CAGR of 8.8%. Steady year‑on‑year increases to USD 27.8 billion by 2027 and USD 35.8 billion by 2030. This underscores the strong and sustained demand for life‑extension, maintenance, repair and overhaul services.

Growth accelerates even further from 2031 onward, powered by aging fleets, efficiency requirements and expanding aftermarket opportunities.

 

The rise of predictive analytics

EthosEnergy keeps watch over roughly 40 gigawatts of power worldwide through its remote diagnostics network.

The team monitors turbine and balance-of-plant data and feeds it into predictive models that surface early warning signs – often well before they show up in day-to-day performance, giving operators far more room to act.

With clearer visibility, operators reduce maintenance uncertainty and strengthen reliability – all while keeping fleets available during demand spikes.

 

How AI is changing the map

AI companies are approaching EthosEnergy with a new kind of request. They want faster access to high‑density power.

Some operators are even creating “electrical islands,” repurposing 50 Hz equipment into 60 Hz markets to bring capacity online quickly.

It’s a sign of how rapidly the landscape is shifting, and why existing assets are quickly becoming a more strategic advantage.

 

Read the full blog article for insights from EthosEnergy CEO Ana Amicarella.

Read the full blog here

In other news

In case you missed it

Strengthening Heavy-Duty Gas Turbine capabilities

EthosEnergy’s recent acquisition of Turbine Services, Ltd. (TSL) has expanded its support for heavy duty gas turbines with a parts capability that’s broader, faster to mobilize, and better aligned to operators’ day-to-day pressures.

By contributing over 50 years of experience and a proven track record with more than 1,000 customers, TSL enhances the capability of the EthosEnergy portfolio, adding depth across MS3002, MS5001, MS6001, MS7001, and MS9001 units, with expertise shaped by decades of hands-on experience.

Recognized for product knowledge and flange to flange capability, TSL provide operators with dependable, cost-efficient access to critical rotating equipment parts.

As the largest independent provider of gas turbine services, EthosEnergy continues to advance its broader capabilities, with more updates to be shared soon.

Read More

Press Release

Expanding our O&M footprint in the Northeast

EthosEnergy has signed a multi-year O&M agreement with the Rhode Island State Energy Center, a 596 MW combined-cycle plant owned by Shell Energy North America.

The move deepens our presence in the region and supports grid stability, but it also reflects a broader shift in how operators look for partners – ones able to run complex assets safely, stay compliant, and deliver technology-neutral operations without disruption.

Read More

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