Driven by a surge in electricity demand, Siemens Energy AG plans to invest $1 billion (approximately €847 million) in US manufacturing capacity over the next two years. The German energy infrastructure manufacturer stated on the 2nd that the majority of the funds will be used to expand existing plants in North Carolina, Florida, Texas, Alabama, and New York, while a new factory will be established in Mississippi. This investment will focus on the production of gas turbines and grid technology, including the manufacturing and maintenance services for transformers, and is expected to create approximately 1,500 jobs. Siemens Energy CEO Christian Bruch stated in an interview, "The US is currently the world's hottest electricity market. The Trump administration's push for data center construction and accelerated project implementation is further driving market demand." As early as last November, Siemens Energy indicated plans to increase its US production capacity during a Capital Markets Day event held in North Carolina. Data from BloombergNEF shows that by 2035, electricity demand from US data centers is projected to double from current levels, accounting for nearly 9% of the nation's total power consumption. Some observers note that the impact of this demand on the power grid is comparable to the advent of air conditioning in the 1960s. Gas turbines represent one of the core growth areas in the current energy sector, with Siemens Energy being one of the world's three major suppliers, alongside GE Vernova and Mitsubishi Heavy Industries. In the fiscal year ending September 2025, approximately 37% of Siemens Energy's orders originated from the US; since the beginning of April this year, spurred by the artificial intelligence industry boom, the company's stock price has more than doubled. Bruch revealed that Siemens Energy will restart gas turbine production at a factory in Charlotte, North Carolina, commence production of related components in other parts of the state, and expand a production facility in Tampa, Florida. He stated that these measures will increase the company's global annual production capacity for large gas turbines by 20%. However, Bruch also acknowledged that the company remains vigilant about the risks of overcapacity. He said, "We have a clear view of demand up until the end of this decade, and this investment is focused on expanding existing facilities. I am convinced that natural gas is an indispensable component of the energy system, both in the US and elsewhere." Beyond gas turbines, the grid equipment produced at Siemens Energy's new Mississippi factory will be used for a planned grid transmission upgrade project in Texas. Bruch mentioned that the company is also exploring grid optimization solutions to help data centers enhance their power usage flexibility, such as combining battery storage with natural gas power generation. This US investment plan also includes the establishment of a new artificial intelligence digital grid technology laboratory in Orlando, Florida, in partnership with NVIDIA Corporation. Bruch stated, "The core issue now is how to win the AI race. If a tech company's survival depends on a stable power supply, I completely understand why such a company would want to actively engage and take control of its own destiny."