GE Vernova
About
GE Vernova is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is 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 employs 80,000 employees across more than 100 countries. Visit gevernova.com to learn more.
News
Energy Transition in Motion (Week of June 27, 2025)
Here is a look at some of this week’s renewable energy news, including another move by Meta for more renewable energy to power its data centers.
Nuclear Stocks Surge After Trump Signs Orders to Boost Industry
Shares of nuclear power companies surged after U.S. President Donald Trump signed executive orders seeking to cut down on industry regulations and fast-track new licenses for reactors and power plants.
Cowen: Gas Turbine Orders Hit 20-Year High on PowerGen Needs
A report by TD Cowen analysts shows that between fourth-quarter 2024 and first-quarter 2025, gas fired capacity generation awards reached their highest point since March 2001.
NextEra: US Power Demand Will Call for Extra 71 Bcf/d Equivalent
NextEra Energy expects that of the total 450 GW of new electricity demand in the coming few years, 75 GW will be gas-fired—or some 12 Bcf/d. But turbines and skilled labor are needed.
Energy Transition in Motion (Week of April 11, 2025)
Here is a look at some of this week’s renewable energy news.
Pennsylvania City to Turn Coal-Powered Plant into Gas-Fired Data Center Campus
Construction on the Homer City Generating Station is expected to start in 2026.
Energy Transition in Motion (Week of March 21, 2025)
Here is a look at some of this week’s renewable energy news, including a move by U.S. President Donald Trump to boost domestic production of critical minerals.
FERC Chair: Gas Needed to Head Off US Grid’s ‘Rendezvous with Reality’
Federal Energy Regulatory Commission Chairman Mark Christie is pushing natural gas to feed U.S. electrical grids before a “rendezvous with reality” occurs.
Diamondback in Talks to Build Permian NatGas Power for Data Centers
With ample gas production and surface acreage, Diamondback Energy is working to lure power producers and data center builders into the Permian Basin.
EIA’s 2025 NatGas Price Forecast Pops 21% to $3.80
Cold, LNG growth and a steady trickle of agreements between natgas suppliers and data centers drove the forecast price higher, the U.S. Energy Information Administration said.
Report: US Tariffs Could Lead to Higher Onshore Wind Costs
Trump’s move to impose tariffs on allies and political adversaries alike comes in an effort to protect U.S. national security interest and leverage America’s economic position.
Not Sweating DeepSeek: Exxon, Chevron Plow Ahead on Data Center Power
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon Mobil and Chevron continue to field intense demand for data-center power supply, driven by AI technology customers.
Chevron JV Plans 4-GW Project to Fulfill US Data Center Power Needs
Chevron U.S.A. Inc., Engine No. 1 and GE Vernova will develop the natural gas-fired power plants co-located with data centers amid President Trump’s push for AI dominance.
NextEra Energy, GE Vernova Partner to Bolster US Grid
The CEO of NextEra Energy, which has entered a partnership with GE Vernova, said natural gas, renewables and nuclear energy will be needed to meet rising power demand.
Baker Hughes CEO: Transition Without Oil, Gas is a ‘Dream World’
The CEOs of Baker Hughes, SLB and Japan’s Inpex see an energy expansion that includes oil and gas—with lower emissions—as the most pragmatic way to tackle climate change.
IndustryVoice
IndustryVoice: The Transformational Benefits of Composable and Interoperable APM Software
Learn why an adaptable digital foundation including asset performance management (APM) with composable or microservices architecture is imperative for energy organizations.