CAMBRIDGE, MA (March 31, 2025) – GE Vernova and the Massachusetts Institute of Technology (MIT) have entered into a new strategic alliance aimed at advancing cutting-edge energy technologies and fostering the next generation of power industry leaders. The new collaboration cements a growing relationship between the two world-class research, innovation, and technology institutions since GE Vernova opened its Cambridge-based global headquarters. It will support groundbreaking research, innovation, and talent development in the energy sector.

As part of this alliance, GE Vernova will provide $50 million over five years to fund research initiatives, student fellowships, and internships, as well as educational and professional development programs for GE Vernova leaders. The partnership will be managed through MIT’s Office of Strategy, bringing together faculty, researchers, and students to address some of the most pressing challenges in energy and climate technology.

“This alliance embodies the spirit of the MIT Climate Project—combining cutting-edge research, a shared drive to tackle today’s toughest energy challenges, and a deep sense of optimism about what we can achieve together,” said Sally Kornbluth, President of MIT. “With the combined strengths of MIT and GE Vernova, we have a unique opportunity to make transformative progress in the flagship areas of electrification, decarbonization, and renewables acceleration.”

“It’s a privilege to combine forces with MIT’s world class faculty and students as we work together to realize an optimistic, innovation-driven approach to solving the world’s most pressing challenges,” said Scott Strazik, GE Vernova CEO. “Through this alliance, we are proud to be able to help drive new technologies while at the same time inspire future leaders to play a meaningful role in deploying technology to improve the planet at companies like GE Vernova.”

Advancing research in three flagship areas
Beginning in September 2025, the alliance will launch a series of research projects tackling three flagship areas critical to the future of energy:

• Electrification: Building the “grid of the future” by integrating renewables, enhancing grid resiliency with cutting-edge hardware and software, and strengthening cybersecurity for critical energy infrastructure.
• Decarbonization: Meeting the world’s growing needs for electricity while accelerating breakthroughs in carbon-free energy solutions, including next generation nuclear technologies, hydrogen and ammonia; and advancing carbon capture technologies.
• Renewables acceleration: Driving innovation in wind power, energy storage, and AI-driven operational optimization to improve efficiency, reliability, and scalability.

The alliance will fund approximately 12 projects annually. Additionally, three master’s students per year in MIT’s Technology Policy Program will conduct policy research culminating in published white papers.

Investing in the future energy workforce
Beyond research, the collaboration will play a vital role in developing the energy sector’s future workforce. Through fellowships, research support, and internships, MIT students will gain hands-on experience at GE Vernova’s global facilities tackling real-world energy challenges. A dedicated GE Vernova recruitment and networking program will further connect students and faculty with industry opportunities.

To foster interdisciplinary dialogue, MIT and GE Vernova will host an annual symposium on the MIT campus, bringing together thought leaders, students, and industry experts to present research results and explore cross-cutting solutions in energy, climate, and technology policy.