The global gas turbine market is currently led by GE Vernova, Siemens Energy, and Mitsubishi Power, collectively owning two-thirds of the market share. These companies are particularly focusing on the Asian market, where more than two-thirds of the world's gas-fired capacity under construction is located. In China, a significant player in gas-fired capacity development, GE Vernova and Mitsubishi Power have established joint ventures to cater to the growing demand for gas turbines. GE Vernova has also made strides in the Middle East through its joint venture, GE Saudi Advanced Turbines, by introducing advanced gas turbine technology. However, amidst the growing interest in renewable energy and concerns about the environmental impact of gas turbines, manufacturers are investing in 'hydrogen-ready' turbines. While this move is seen as a step towards sustainability, critics argue that it may not offer a complete solution to the climate crisis. The Institute for Energy Economics and Financial Analysis has pointed out various challenges hindering the adoption of hydrogen, such as limited supply, infrastructure, and storage capabilities. Despite these obstacles, companies like GE Vernova are continuing their efforts to develop turbines capable of utilizing hydrogen as a fuel source, with plans to blend hydrogen up to 50 percent. This reflects a commitment to innovation and adaptation to meet the evolving energy landscape and address concerns about the long-term sustainability of gas power in the global energy mix.