Europe’s race to secure power for data centers and electrification projects is becoming so intense that customers are now paying to secure a spot in production queues for gas turbines, according to
“Demand is now so high that customers in Europe are willing to pay reservation fees,” Chief Executive Officer
A Siemens Energy gas turbine being loaded onto a truck in Hamburg for further delivery.
Photographer: Marilen Martin/Bloomberg
The practice first emerged in the US in recent years as technology companies rushed to secure generation capacity for ...