Hammerfest, Norway (May 21, 2025) – GE Vernova Inc. (NYSE: GEV) today announced the forthcoming deployment of two high-voltage 420 kV sulfur hexafluoride - free (SF₆-free) gas-insulated substations (GIS) for Statnett SF, Norway’s Transmission System Operator (TSO), and Equinor ASA. Awarded in the fourth quarter of last year, the contract covers the design, supply, and installation of GIS units at Skaidi and Hyggevatn as part of Statnett’s 420 kV transmission line project—an important milestone supporting Norway’s energy transition and decarbonization effort.

The Skaidi substation involves upgrading the existing facility, while the Hyggevatn substation will be a completely new installation. Together, they aim to modernize Norway’s electrical grid, increase capacity, and electrify Melkøya Island, home to Equinor’s Snøhvit gas field and Hammerfest LNG plant. This initiative aligns with Statnett’s and Equinor’s commitment to achieving a sustainable energy transition while reducing greenhouse gas emissions.

The design of these next-generation substations will be based on GE Vernova’s g³ technology, which replaces SF₆ gas, a potent greenhouse gas commonly used in high-voltage equipment. The g³ technology is part of GE Vernova’s GRiDEA portfolio, a suite of decarbonization solutions that empower grid operators to meet their net-zero objectives. Launched in 2014, g³ gas shows an approximately 99% reduction in greenhouse gas contribution to global warming compared to SF₆, supporting the energy sector’s decarbonization goals.

Driving decarbonization of the grid across Europe

“This project in Norway is the latest of many contracts that we have signed for our new SF₆-free 420 kV T155g GIS since our first one in Scotland in 2020. GE Vernova’s g³ product portfolio has experienced strong commercial growth since the launch of our first SF₆-free product, underscoring the trust placed in g³ by over 60 utilities in Europe and Asia,” said Eric Chaussin, Power Transmission Business Leader at GE Vernova’s Electrification segment. “This marks another important milestone in our journey to electrify and decarbonize the world’s grids. We are proud to support the climate ambitions of Norway.”

GE Vernova’s g³ technology roadmap covers a wide range of voltage levels, from 72.5 kV up to 550 kV. The EU Commission LIFE Programme recognized the potential of this innovative technology by co-funding the development of the SF₆-free 420 kV GIS interrupter under the "LifeGRID" project. The g³ technology is now enabling utilities to take immediate action to reduce the carbon footprint of their high-voltage power grids, supporting their decarbonization goals.

Statnett’s Skaidi and Hyggevatn substations are expected to become operational by 2029. GE Vernova has a  track record of successful GIS Substations in Norway, including in Oslo Smestad, Sogn, and Hamang.

-ENDS-

Forward Looking Statements

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America’s demand for electric power is surging and, with it, the need to move electrons around the country. Nowhere is that trend more tangible than at GE Vernova’s Grid Solutions factory in Charleroi, Pennsylvania, a sprawling 332,000-square-foot facility that has been making high-voltage instrument transformers and high-voltage circuit breakers, key components of the electric grid for more than three decades.

TEXAS, US (March 25, 2025) - As utilities worldwide confront growing challenges in grid security, modernization, and reliability, GE Vernova has released a series of whitepapers offering practical strategies to strengthen energy systems. Launched during DISTRIBUTECH 2025 in Dallas, Texas, these whitepapers provide global grid operators with insights into cybersecurity, digitalization, automation and artificial intelligence (AI) strategies—all critical for ensuring a secure, resilient, and future-ready energy network.

Why grid reliability and automation are more crucial now than ever

The world is entering a new age of electricity, where AI-driven data centers, electrified transport, and industrial automation are reshaping energy demand. This shift is putting immense pressure on grids, forcing utilities to rethink their approach to resilience and efficiency. At the same time, energy grids have become prime targets for sophisticated cyberattacks. To respond, utilities must adopt scalable, software-based solutions that have the power to revolutionize the grid—enhance reliability without costly hardware overhauls, ensuring secure remote access and substation resilience, optimizing grid utilization, unlocking new economic opportunities, and more.

GE Vernova’s latest whitepapers provide actionable guidance to help utilities navigate these pressing challenges  to help secure their networks and achieve a grid fit for the future.

Key Focus Areas in the Whitepapers

1. Modernizing with Virtualized Protection, Automation & Control (VPAC)

Utilities are facing a fundamental shift in how protection and control systems are managed. Traditional hardware-dependent protection systems are struggling to keep up with evolving grid complexities, making virtualization an essential tool for modern utilities. GE Vernova’s research explores:

• Unlocking Resilience & Scalability with Virtualized Software-Defined Substation Solutions – GE Vernova’s study explores how virtualization can replace cumbersome hardware dependencies, reduce operational costs, and enable seamless remote upgrades—ushering in a new era of flexible, software-driven grid management. Download  here.

2. Strengthening Grid Cybersecurity

The power grid is no longer just an engineering challenge—it’s a security imperative. These grids remain prime targets for cyberattacks, with legacy systems and digital substations often serving as vulnerable points. Two whitepapers focus on:

• Secure Remote Access Solutions – Many grid assets were never designed for remote operation, making them highly vulnerable to cyberattacks. This whitepaper outlines next-generation access control strategies to safeguard legacy infrastructure while enabling seamless modernization. Download  here.
• Substation Cyber Resilience – Digital substations are revolutionizing grid management, but they also introduce new risks. This whitepaper explores multi-layered cybersecurity strategies that strengthen defenses, minimize attack surfaces, and protect against sophisticated grid disruptions. Download  here.

3. Empowering Intelligent Grids With AI

• The energy landscape is rapidly transforming, and utilities are facing unprecedented challenges driven by the integration of renewable energy sources, increasing grid complexity, and the need for enhanced resilience against cyber threats and extreme weather events. Traditional grid management approaches are proving inadequate in addressing these dynamic challenges. This whitepaper—part of a series of four—delves into the pivotal role that AI can play in revolutionizing grid management. Download here.

Showcasing Innovation at DISTRIBUTECH 2025

At DISTRIBUTECH 2025 in Dallas, Texas, GE Vernova is showcasing its latest advancements in grid digitization and automation technologies, providing real-world solutions for grid reliability, security, modernization and orchestration. Experts will be on-site at Booth Number 3223 to discuss the insights from the whitepapers and demonstrate how advanced digital and automation solutions can help utilities build a more resilient and future-proof power network.