Last April, GE Vernova launched as a standalone company with a mission to electrify and decarbonize the world. The catalyst behind the change the company is creating is its 75,000-strong global team — their ideas, their energy, and their commitment. Meet a dozen of the people who helped GE Vernova get off to a running start.

The Enlightener: Vera Silva

This year’s annual United Nations climate summit, COP 29, is the first COP meeting to focus on finance in 15 years, and among the major agenda items delegates have been discussing are financial commitments by wealthier countries to help developing nations transition their energy infrastructure away from coal and other high-emissions sources and toward more renewable forms of energy.

When we look back on what catalyzed the hydrogen economy, we might say it all began in a small, historic steelmaking town in the state of South Australia. Here in Whyalla, at the top of the Spencer Gulf, north of Adelaide, ground will soon be broken for the construction of what is expected to be the world’s largest green hydrogen plant.

On a cold December afternoon in 2015, the lights blinked out, town by town, across western Ukraine. It was two days before Christmas, and by sunset more than 230,000 residents had lost power.

Humans by nature are resource maximizers. Doing more with less — the essence of efficiency — is one of our oldest games. The economist Adam Smith thought deeply about the matter, which is why he is credited with devising the division of labor: the insight that better organizing factory worker tasks, rather than hiring more workers, is just as effective. But efficiency, which is a ratio, must be correctly understood.

JAKARTA, INDONESIA (August 30, 2024) – On the heels of GE Vernova’s 100^th HA gas turbine commissioned globally announcement,  GE Vernova Inc. (NYSE: GEV) celebrated today the start of commercial operation of PLN Indonesia Power (PLNIP)’s 780-megawatt (MW) Tambak Lorok Combined Cycle Power Plant Block 3 (“Tambak Lorok”), in Tanjung Mas, Central Java. With the highest energy consumption among the Southeast Asian Nations, Indonesia’s energy use is set to rise significantly as its economy and population grow. Powered by GE Vernova’s HA combined cycle equipment, the plant can deliver the electricity needed to power the equivalent of approximately 5 million homes in Indonesia.

To support Indonesia’s climate and energy transition agenda, the government of Indonesia has pledged to stop commissioning new coal power plant and to achieve net-zero emissions by 2060 or earlier, Indonesia is targeting to retire the entire fleet of coal plants by 2040*.

“Tambak Lorok project represents a milestone for Indonesia, adding to the system a large-capacity plant that brings stability to the country's electricity matrix,” said Edwin Nugraha Putra, CEO of PLN Indonesia Power. “Tambak Lorok is in line with the national energy policy to lower emissions from the power sector. As more coal fired plants are retired, the need to add more reliable and flexible power that provides greater grid stability is essential. We trust GE Vernova, Marubeni Corporation and Hutama Karya, as the EPC, have delivered the highest standard of quality and safety in building this power plant that will provide reliable and more sustainable electricity to the Java grid.”

Tambak Lorok is powered by GE Vernova’s advanced equipment, namely a 9HA.02 gas turbine, a STF-D650 steam turbine, GE Vernova’s Once Through (OT) HRSG and balance of plant equipment. In addition to the core power plant equipment delivered in a turnkey combined cycle configuration, GE Vernova is contracted to provide a holistic solution including a 15-year service agreement to manage all aspects of the project’s lifecycle, training and maintenance management to enhance operational performance and increase the reliability of Tambak Lorok plant. The training will support skills development and knowledge transfer to improve the capability of PLN IP’s operations team.

“Our HA technology has been selected to increase power generation capacity in Indonesia and support its decarbonization process,” said Ramesh Singaram, President and CEO, Asia of GE Vernova's Gas Power. “In our commitment to support Indonesia’s power development and economic growth, our HA technology offers the lowest emissions in the industry to give our customers, like PLN Indonesia Power, the ability to reduce fuel consumption while lowering carbon emissions, moving forward this technology will help transition to net-zero carbon emissions.”

With GE Vernova’s H-class leading technology the plant has a lower emissions impact with up to 60% less emissions compared to other plants of the same size powered by diesel, coal and other fossil fuels. In addition, to further advance decarbonization utilizing gas power, H-Class gas turbine portfolio currently has the capability to burn up to 50% by volume of hydrogen when blended with natural gas with an expected roadmap to 100% in the future.

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Notes to editors

* Irena Energy Transition Outlook 

© 2024 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

About GE Vernova
GE Vernova (NYSE: GEV) is purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and gas power plant technologies and services with the industry’s largest installed base of approximately 7,000 gas turbines.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Learn more: GE Vernova and LinkedIn.

Forward Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

PARIS, France (Aug 27, 2024) – GE Vernova and Systems With Intelligence (SWI) signed a memorandum of understanding (MoU) today at the CIGRE event in Paris to develop advanced substation monitoring solutions. Through this collaboration the companies aim to integrate technologies like gas sensing, bushing monitoring and infrared thermography, along with AI and ML. The goal is to advance grid asset management by integrating SWI's cutting-edge infrared thermography and touchless monitoring systems with GE Vernova’s Grid Automation business's expertise in monitoring & diagnostic solutions of grid assets.

The initial focus of this collaboration will be on substation monitoring, where the companies will integrate their leading technologies to deliver converged monitoring and diagnostic intelligence, significantly enhancing asset management capabilities. This could streamline monitoring for utilities and Transmission System Operators (TSO’s), enabling earlier issue detection and leading to a more reliable, efficient, and stable power grid.

"Today’s asset managers are flooded with data from a myriad of sensing devices provided by various vendors. This often leads to fragmented data silos, requiring multiple software tools to manage and analyze the data independently," said Graham McGuigan, Product Line Leader for Monitoring & Diagnostics at GE Vernova. "Our collaboration with SWI is a step towards unifying these data streams into a more cohesive and intelligent monitoring system."

Angelo Rizzo, President and CEO of SWI, added, "By combining different sensing techniques, we can create solutions that offer enhanced diagnostic intelligence while simplifying the user experience. This collaboration is a significant move towards achieving that goal."

The first tangible outcome of this collaboration will be the integration of SWI’s fixed infrared sensors into GE Vernova’s DGA 900 Plus, a state-of-the-art multi-gas transformer monitoring system that monitors the health of power transformers by detecting early signs of problems and helps prevent transformer failures, ensuring a reliable and efficient power supply. This enhanced new solution, expected to be commercially available in early 2025, will allow asset managers to incorporate infrared thermography directly within the DGA 900 Plus platform, which already includes capabilities for dissolved gas analysis, bushing monitoring, and predictive modeling.

Looking ahead, GE Vernova and SWI plan to expand their collaboration to include the integration of SWI’s pan/tilt substation-level infrared sensors within GridBeats^TM Asset Vision substation monitoring solution, further advancing the capabilities of electrical grid asset management. GridBeats^TM is GE Vernova’s Grid Automation business’s portfolio of software defined automation solutions for grid digitalization.

Forward Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements address GE Vernova's expected future business and financial performance, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on business operations, financial results and financial position and on the global supply chain and world economy.

About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution from the point of generation to point of consumption, and supporting a decarbonized and secured energy transition.

About Systems With Intelligence
Systems With Intelligence Inc. is a global provider of Touchless™ monitoring solutions for electric utility applications. SWI systems collect and analyze the data that allows utilities to increase safety and reliability while reducing operating costs. Coupling thermal monitoring and visual imaging technology with advanced analytic algorithms, Systems With Intelligence solutions automate remote site monitoring.

Systems With Intelligence products are engineered to operate in the harshest environments and withstand high levels of electromagnetic interference, static discharge, and voltage surges found in industrial applications to ensure uninterrupted operation. Providing a monitoring system that operates reliably and connects seamlessly allows customers to remain focused on their operations.

The Systems With Intelligence management and technical teams are comprised of professionals with extensive experience in advanced technology for mission-critical applications in harsh environments. With domain expertise in substation and industrial automation, communications, and utility operations, the team is uniquely positioned to deliver effective and intelligent monitoring solutions.

For more information, visit the company's official website at www.SystemsWithIntelligence.com.

HUIZHOU, GUANGDONG PROVINCE, CHINA (July 2, 2024) – GE Vernova Inc. (NYSE: GEV) today announced that Guangdong Huizhou Combined Heat and Power (CHP) plant powered by two GE Vernova hydrogen- ready 9HA.01 combined-cycle power generation equipment achieved the successfully commercial operation. The Chinese state-owned power utility Guangdong Energy Group Co., Ltd.’s CHP plant is expected to inject up to 1.34 gigawatts (GW) of electricity into the grid and steam for the industrial process of the chemical complex present in Huizhou, a city in southeast Guangdong Province, China, north of Hong Kong. GE Vernova’s gas turbines are expected to burn up to 10 percent by volume of hydrogen blended with natural gas within the next two years.

“Hydrogen energy will play an important role in the future energy system in Guandong Province, an agglomeration of cities aiming to strengthen international cooperation and promote lower-carbon, inclusive, coordinated and more sustainable development,” said a representative from Guangdong Energy Group. “GE Vernova has long been our company of choice when transitioning our power plants from coal to natural gas, and we trust GE Vernova advanced H-Class gas turbines will help promote the use of hydrogen blending in power generation across other provinces, as aligned to China's Medium and Long-term Plan for the Development of Hydrogen Energy Industry (2021–2035) objectives.”

Although hydrogen supply in Guangdong Province is still highly dependent on the gray hydrogen production method, which is mainly based on the production of hydrogen from industrial byproducts and coal power, the national and provincial energy plans encourage the development of renewable energy for hydrogen production.

“GE Vernova believes that the Guangdong Huizhou project could serve as a model to develop hydrogen-blended H-class natural gas power generation across other provinces” said Xu Xin, President of GE Vernova China Gas Power Services. “In Guangdong, we focus on helping to address the growing electricity and steam needs while reducing carbon emissions. China's Medium and Long-term Plan for the Development of Hydrogen Energy Industry proposes an accelerated conversion towards efficient hydrogen production from renewable energy, and we are proud Huizhou plant is expected to become the first hydrogen-blended natural gas facility to use GE Vernova’s  gas turbines in China.”

GE Vernova has over 120 units worldwide that have run fully or partially on hydrogen and accumulated over 8.5 million operating hours.

Guangdong Huizhou project marks the first localized 9HA.01 manufactured by General Harbin Electric Gas Turbine (Qinhuangdao) Co., Ltd. in China. This joint venture was formed in 2019 between GE and Harbin Electric as a joint effort to focus on heavy duty gas turbine localization, aiming to deliver more efficient and reliable support for China gas power plants, including those that operate on blends of natural gas and hydrogen. Harbin Electric also provided steam turbine, generator and balance-of-plant equipment for the power plant.

GE and Harbin Electric have been suppliers for Guangdong Energy Group (“GEG”) for many years. GEG selected two GE Vernova 9F.05 gas turbines for Xinhui Power Plant, which achieved the successful commercial operation in 2018. Additionally, GE Vernova is currently supporting the plant operator’s transition from coal-to-gas at its Dongguan Ningzhou power plant. GEG selected three GE Vernova 9HA.02 gas turbines and Harbin Electric’s steam turbines, generators and other auxiliary equipment for the Dongguan Ningzhou combined cycle power plant in Guangdong province, also in the Greater Bay Area.

Operating in China for over 40 years, GE Vernova has been delivering innovative products and services that create significant value for its power generation customers, and now helps power plant operators in addressing the energy transition challenge. GE Vernova serves around 110 customers and more than 240 gas turbines in China, with an installed power capacity of 50 gigawatts (GW).

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Notes to editors

Forward Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

About GE Vernova
GE Vernova (NYSE: GEV) is purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and gas power plant technologies and services with the industry’s largest installed base of approximately 7,000 gas turbines.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Learn more: GE Vernova and LinkedIn.

In 2009, the United States Department of Energy was seeking a dose of radical thinking. Early that year, its newly created Advanced Research Projects Agency–Energy (ARPA-E) issued an open call for “the most revolutionary energy technologies.” If ARPA-E officials were expecting a steady trickle of ideas from business, academia, and research laboratories, they were wrong. They’d just opened the floodgates.

The world needs a breakthrough to lower emissions from heavy industry, and a solution may be brewing in Japan. IHI Corporation, one of the country’s oldest manufacturers, and GE Vernova have teamed up in recent years to work to unlock the secrets of ammonia. Under their latest joint development agreement, signed on Christmas Day 2023, the companies will work for the next two years developing technology to combust ammonia in turbines that normally run on natural gas.