GE Vernova’s Post

👀For the wind energy people on LinkedIn - this short interview with Scott Strazik at GE Vernova defines the US energy road map for the remainder of the decade. More gas turbines. Mostly driven by AI and data centers. Without CO2 capture technology. Being purchased by companies with little (or no) experience in energy production. 😳

Our CEO Scott Strazik's interview on CNBC's Squawk on the Street is a must-watch! He delves into critical topics like electricity demand, data center expansion, and the future of nuclear energy. His insights on delivering comprehensive technology solutions are particularly enlightening. Don't miss it!

Half a billion dollars' worth of orders from hyperscalers alone in 2025 to support the growth of AI-based datacenters in the U.S. is nothing short of eye-popping. A great interview by our CEO Scott Strazik speaking to GE's investments in decarbonization and electrification which has only just begun to pay off. #GEVernova #decarbonization #sustainability #cerius

Scott Strazik was on CNBC this morning to discuss the growing demand for electricity globally and how GE Vernova is positioned to deliver the solutions to meet that ever increasing need. #GEVernova #FutureOfEnergy

Focusing on electrifing and decarbonizing the world GE Vernova generated $4B of cash post spin earlier this year with a strong outlook by 2028. No doubt lean and continuous improvement were key to achieve this, it starts with customer needs and how we eliminate the non-added value waste in our operations to better serve our customer. Also, leveraging lean in problem solving … understanding the real root causes - try the 5 whys - to be able to apply the right countermeasures. Simply, lean culture is enabling huge opportunities. For sure its just the beginning for more wins to come … “We are executing our financial strategy, and we now expect to generate at least $14 billion in cumulative free cash flow by 2028,” said GE Vernova CFO Ken Parks. Read more about GEV investor update here https://lnkd.in/djQz2C6q

I guess this a quite telling for the current approach to the energy transition… “They are all talking renewables and yet all the do is order gas” - the customers that is. Gas, gas, gas GE Vernova says they have taken 8 GW of capacity reservations in the last 30 days for their gas turbines. I think Strazik said that the gas power business had more fun than ever… (I remember when they acquired Alstom is seemed like going back to the Stone Age… apparently not) Transformers as a bottleneck Sounds like the lead time for a transformer from them takes you all the way to 2028. Strazik compares this to the post world war era when it comes to the opportunity. Nuclear is vogue SMRs for next decade and upgrading of current nuclear power plants. Renewables - not interesting. Basically nothing said about renewables. Investors… loving it. Well, someone has to keep pushing the real transition - that is us Vestas .

Electrons behind the Meter is the next big thing in Energy Transition and GEV is well positioned to serve this concept better than anyone else in the world

‘A growth period coming up analogous to the growth seen after WWII’ - driven the demand for electricity to support the data centres needed to support the AI explosion! Times are not easy in Germany at the moment, but hearing this interview gets me fired up about the future. I’m excited that Semikron Danfoss has one of THE critical ingredients to supporting this growth - power semiconductors and solutions with power semiconductors at the core. *When this level of growth materializes, Time-to-Market and continuity/speed of supply will paramount! *When not if #powersemiconductors #siliconcarbide #ai #datacenters #datacentres #hyperscale

Enjoyed very informative discussions and GE Vernova's FOCUS. Impressive Results since the Spin off from Iconic GE. (Honored to have worked as a Former GE Power) My 2-cents on Nuclear Industry. - At the outset suggest going forward "Build nuclear, baby, build" AND for Commercial Success NEW Nuclear must be "Cost-competitive"! - It was good to hear upgrading the 65 GW of Operating Nuclear. GEH as a Global NSSS Leader in the U.S. has both the Expertise and highly skilled Professionals. - Unless I missed it with respect to NEW Nuclear, U.S. needs both Large Size Advanced Generation III+ Reactors and upcoming highly Simplified seemingly "Game-changing" SMRs. GEH's participation in the Innovative Natrium Reactor currently under construction in the U.S. and one of Leading SMRs (BWRX-300) under construction in Canada. Simply put, GEH BWRX-300 should be potential large Revenue/Profits/CASH generation for GE Vernova.!! ( & contribute to Achieving Global "Net-zero" Goal by 2050.   #DATABASE(1970-2024)

🔍 The discussions about the «Utility Death Spiral» started about a decade ago with the increase of behind-the-meter (BTM) PV. The tale seems to continue with co-located BTM data center’s demand following FERC’s decision to reject the Susquehanna nuclear plant FOAK deal with AWS. Why? Consumer affordability and grid resiliency are at stake. 💡 What can customers do with AI superpowers if they can’t afford to keep lights on reliably? 🤔 🌐 What solutions are at hand: Grid modernisation? New rate design? New additionality requirements? To be continued... #Datacenters #EnergyTech #Utility #GridModernisation #RenewableEnergy #Innovation #EnergyandAI #AI https://lnkd.in/erWfQqjj