Energy Transition Market Growth
Decarbonizing through multiple innovative solutions
Coal to gas switching
25M tons of annual CO2 reduction
enabled from gas units shipped in '23
Hydrogen
Reached 8.5 million operating
hours on hydrogen
Carbon Capture
3 Direct Air Capture (DAC) hub
awards using GE Vernova technology
GE GE VERNOVA
Small Modular Reactor
(SMR)
8 early works agreements to be
signed over the next 3 years
55332
Tampa Electric transition
Replaced coal-fired units with 7HA
gas turbines, enabling reduction
of CO2 emissions by 67%
CS Energy LM2500XPRESS
12 aeroderivative units to provide
400MW peaking power using
35% green hydrogen
Houston area DAC hub
Leading feasibility study using
GE Vernova SMR & DAC
technology
BWRX-300 standard design
Jointly investing ~$0.5B with three
collaborators: Tennessee Valley
Authority, Ontario Power Generation
& Synthos Green Energy
© 2024 GE Vernova and/or its affiliates. All rights reserved.
Significant innovation opportunity in Power
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