Analysis of Investment Opportunities Created by Supply Chain Bottlenecks in North American Natural Gas Power Plants for Chinese Energy Equipment Manufacturers

The power demand shock from North American data centers is reshaping the energy supply landscape. According to research institution forecasts, the power demand for new data center installations in the U.S. is expected to grow by

from the end of 2024 to 2035 [3]. Data from the Electric Power Research Institute shows that by 2030, data centers may consume up to [2].

Since AI-driven data centers require

, natural gas power plants have become the default option to fill the power gap. This trend has driven rapid growth in demand for natural gas power generation equipment, which is expected to be the largest source of power for data center growth [3].

• Heavy-duty Gas Turbines
  : Delivery cycle extended from the normal 52 weeks (1 year) to
  243 weeks
  (about 5 years), an increase of 367%
• Step-up Transformers
  : Delivery cycle extended from the normal 36 weeks (9 months) to
  143 weeks
  (about 2.75 years), an increase of 297%

The gas turbine market is mainly monopolized by

:

• GE Vernova
• Siemens Energy
• Mitsubishi Power

This highly concentrated supplier pattern, combined with extended delivery cycles, has created a huge market gap.

Chinese enterprises have made important breakthroughs in gas turbine technology. In December 2025, China launched its first power plant using locally manufactured advanced gas turbines, which were designed by GE Vernova and produced through a joint venture with China Harbin Electric, with an annual delivery capacity of

[4].

As an oilfield service equipment manufacturer, Jereh has the potential to participate in the North American data center power supply market in several aspects:

1. Technical Foundation
   : The company has deep accumulation in oil and gas equipment manufacturing
2. Manufacturing Capability
   : Has experience in large-scale industrial equipment manufacturing
3. Cost Advantage
   : Has significant manufacturing cost advantages compared to international giants
4. Market Performance
   : The company’s stock price has risen by
   98.05%
   so far this year, reflecting the market’s optimistic expectations for its prospects [0]

1. Demand Certainty
   : AI-driven data center power demand growth is highly certain
2. Supply Gap
   : Long delivery cycles of international suppliers create market opportunities
3. Policy Support
   : China-U.S. cooperation in the energy equipment field provides opportunities for Chinese enterprises
4. Technological Breakthrough
   : China’s gas turbine manufacturing capacity is continuously improving

1. Technical Barriers
   : Heavy-duty gas turbines have high technical thresholds and require long-term technical accumulation
2. Certification Requirements
   : North American markets have strict certification standards for power equipment
3. Trade Environment
   : China-U.S. trade relations may affect equipment exports
4. Increased Competition
   : Other international suppliers may expand production capacity

• Follow the cooperation progress between Chinese enterprises like Jereh and international giants
• Track changes in North American data center power equipment procurement policies
• Monitor China’s gas turbine technology breakthroughs and export conditions

Chinese energy equipment manufacturers should focus on:

1. Technology Cooperation
   : Establish deeper technical cooperation relationships with international leading manufacturers
2. Localized Production
   : Consider setting up production bases in North America to avoid trade barriers
3. Product Diversification
   : Not limited to gas turbines, expand to related equipment such as transformers and control systems
4. Service Network
   : Establish a sound after-sales service system to enhance customer trust

Supply chain bottlenecks in North American natural gas power plants have created historical opportunities for Chinese energy equipment manufacturers. Against the backdrop of explosive growth in AI-driven power demand, Chinese enterprises with technical strength and manufacturing capabilities are expected to gradually enter this high-value market through cooperation with international manufacturers. Enterprises like Jereh with relevant technical foundations are worth focusing on, but technical thresholds and market entry strategies need to be carefully evaluated.

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[0] Gilin AI Data - Jereh (002353.SZ) Company Profile and Financial Data
[1] Yahoo Finance - “Why GE’s power spin-off is one of the biggest winners from the AI boom”
[2] Wall Street Journal - “The U.S. AI Race Desperately Needs Power, But Key Equipment Is Both Shortage and Expensive”
[3] Forbes - “Rystad: Explosive Data Center Growth Drives Natural Gas Surge”
[4] Bloomberg - “China Starts New Locally-Manufactured Gas Turbine for First Time”