Power
Providing dispatchable, flexible electricity generation solutions and focused on reducing carbon intensity.
INVESTED IN THE FUTURE
Event
December 10 2024 | 4:30 pm - EST
Investor Update
Positioned to Drive Value
GE Vernova is a purpose-built company driving electrification and decarbonization. Electricity is crucial to modern civilization and improved quality of life. We help customers create a more sustainable world by delivering products and services that generate, transfer, orchestrate, convert, and store electricity. With approximately 25% of the world’s electricity generated by our customers using our technologies, GE Vernova is uniquely positioned to lead customers through the energy transition, solving for the energy trilemma of reliability, affordability, and sustainability. Our diverse and experienced leadership team brings deep industry and public company expertise to drive long-term shareholder value.
~25%
Our customers generate approximately 25% of the electricity in the world today using GE Vernova’s installed base of technologies.
~7K
Gas turbines installed
GE Vernova has the largest fleet on a megawatt basis and ~7K installed gas turbines, including some of the largest, most efficient gas turbines, capable of running on hydrogen blends.
~55K
Wind turbines installed
GE Vernova has an installed base of ~55,000 wind turbines totaling 100 GW+ of installed capacity and the largest installed base of onshore turbines in the United States.
~65%
Services backlog
Services account for ~65% of backlog, providing GE Vernova with visibility into cash flow streams and keeping us close to our customers.
Our Business Segments
Wind
An industry leader with technology positioned to meet multi-year demand and help deliver a decarbonized future.
Electrification
Developing and orchestrating a modernized and digitized grid in order to meet the demands of today and tomorrow.