ėŽė§ íë A steam generator for nuclear power plants at Doosan Enerbility.
Driven by surging power demand from artificial intelligence, utilization at Doosan Enerbility’s turbine and reactor production facilities rose to 80% in the first half of this year. As energy infrastructure projects, including nuclear power plant construction in the United States, are expected to gain momentum in the second half, new order growth is also likely to strengthen.
According to Doosan Enerbility on the 25th, average utilization at its turbine and nuclear production facilities reached 80% in the first half. That was an improvement of 12.8 percentage points from 67.2% in the same period last year.
During the same period, average utilization at the company’s production facilities for forged products and die steel for tools rose 2.5 percentage points, from 63.7% to 66.2%.
In the second half, additional orders are seen as likely, led by large nuclear power projects in the United States. Under the long-lead equipment procurement loan program announced by the United States Department of Energy (DOE) in June, major equipment orders can be placed before a final investment decision (FID). That is expected to pull forward orders for Doosan Enerbility, a key supplier of equipment for AP1000, a major U.S. nuclear reactor model.
[Lee Jin-han]
This article has been translated by GripLabs Mingo AI.
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production facilities
gas turbines
projects
artificial intelligence
gas combined-cycle power plants
U.S. business
infrastructure equipment