Website: [gevernova.com](https://www.gevernova.com) ### Introduction GE Vernova, a global leader in energy equipment manufacturing and services, was formed in 2024 through the spin-off and merger of General Electric's energy businesses, including GE Power, GE Renewable Energy, GE Digital, and GE Energy Financial Services. Headquartered in Cambridge, Massachusetts, the company traces its roots back to GE Energy, established in 2008 as part of a broader reorganization of General Electric. GE Vernova's mission is to accelerate the transition to reliable, affordable, and sustainable energy through innovative electrification and decarbonization technologies, with a strong focus on gas power, wind energy, and grid solutions [GE Vernova](https://www.gevernova.com). As a publicly traded company listed on the New York Stock Exchange under the ticker symbol GEV, GE Vernova operates with a significant global presence. While exact employee counts for 2025 are not publicly available in the latest data, the company’s extensive operations and historical scale as part of General Electric suggest a workforce in the tens of thousands. GE Vernova’s Gas Power division, the focus of this report, is a critical component of its portfolio, specializing in natural gas-based power generation solutions amid a global push for cleaner energy transitions [Wikipedia](https://en.wikipedia.org/wiki/GE_Vernova). ### Key Products and Technology GE Vernova Gas Power offers a range of advanced gas turbine technologies and services designed to meet the growing demand for reliable and efficient energy. Below are the major products and technologies within this division, based on the latest available information: - **H-Class Gas Turbines (Combined-Cycle Gas Turbines)** - **Type**: Heavy-duty gas turbines for power generation. - **Technical Specifications**: Capable of delivering over 60% combined-cycle efficiency, with power outputs exceeding 500 MW per unit, among the highest in the industry. - **Fuel Type**: Primarily natural gas, with capabilities for hydrogen blending to reduce carbon emissions. - **Key Differentiators**: High efficiency and flexibility for baseload and peaking power, with advanced combustion technologies to lower emissions; designed to integrate with renewable energy sources. - **Development Stage**: Fully operational and widely deployed, with an installed base of gas turbines that is the largest globally. - **Target Customers**: Utilities, independent power producers, and industrial sectors requiring large-scale, reliable power [GE Vernova Gas Power](https://www.gevernova.com/gas-power/about). - **F-Class Gas Turbines with Ammonia Combustion** - **Type**: Gas turbines adapted for alternative fuels. - **Technical Specifications**: Under development to burn up to 100% ammonia by 2030, with power outputs comparable to traditional F-Class turbines (around 200-300 MW). - **Fuel Type**: Natural gas currently, transitioning to ammonia as a zero-carbon fuel option. - **Key Differentiators**: Pioneering ammonia combustion for decarbonization, reducing reliance on fossil fuels while maintaining grid reliability. - **Development Stage**: In testing phase, with combustion tests scheduled for 2025 at IHI Corporation’s facility in Japan under a joint development agreement. - **Target Customers**: Utilities and industries seeking low-carbon alternatives for power generation [GE Vernova News](https://www.gevernova.com/news/taxonomy/term/9477?page=1). - **Aeroderivative Gas Turbines (LM Series)** - **Type**: Lightweight gas turbines for flexible power generation. - **Technical Specifications**: Power output ranging from 18 to 100 MW, with rapid start-up capabilities (under 10 minutes) and efficiencies up to 40% in simple cycle. - **Fuel Type**: Natural gas, with dual-fuel options for some models. - **Key Differentiators**: High flexibility for peaking power and grid stability, ideal for regions with variable renewable energy integration. - **Development Stage**: Operational and widely deployed in multiple markets. - **Target Customers**: Utilities, data centers, and remote or island grids needing fast-response power solutions [GE Vernova](https://www.gevernova.com/gas-power/about). ### Regulatory and Licensing Status As a natural gas-[[Focused Energy|focused energy]] company, GE Vernova Gas Power operates under environmental and energy regulations rather than nuclear-specific oversight like the Nuclear Regulatory Commission (NRC). The company must comply with emissions standards set by the U.S. Environmental Protection Agency (EPA) and international bodies depending on the deployment location. Recent advancements, such as hydrogen blending and ammonia combustion technologies, align with global decarbonization mandates, though specific regulatory approvals for full ammonia-based turbines are still pending and tied to ongoing testing phases through 2030. Key regulatory milestones include adherence to stricter emissions limits under frameworks like the Paris Agreement and U.S. clean energy policies. Upcoming milestones involve validation of ammonia combustion technologies, expected to begin testing in mid-2025, which could lead to certifications for commercial deployment by the end of the decade. There are no specific timelines for “first commercial deployment” of new technologies like ammonia turbines, but GE Vernova’s existing gas turbine portfolio remains fully compliant and operational under current regulations [GE Vernova News](https://www.gevernova.com/news/taxonomy/term/9477?page=1). ### Team and Leadership GE Vernova’s leadership team oversees its broad energy portfolio, with specific executives guiding the Gas Power division. Below are key figures based on the latest public data: - **Scott Strazik - CEO, GE Vernova**: Leads the overall company with a focus on sustainable energy solutions. Strazik has a long tenure at General Electric, previously heading GE Renewable Energy, bringing deep expertise in energy transition strategies. - **Maví Zingoni - CEO, Gas Power**: Oversees the Gas Power business, driving innovation in gas turbine technology and decarbonization efforts. Zingoni has a background in global energy markets and operational leadership within GE. Specific social media handles for these executives are not verified or publicly listed in the latest data, so they are omitted here. Leadership information is sourced from the company’s official communications and may evolve [GE Vernova](https://www.gevernova.com). ### Funding and Financial Position As a public company spun off from General Electric in 2024, GE Vernova does not have traditional venture funding rounds but operates with significant financial backing from its historical operations and investor base. According to recent reports, the company’s market performance is tracked under the ticker GEV, though specific market cap and stock performance data for December 2025 are not available in this report’s scope. The 2024 Annual Report highlights a commitment to sustainable growth, with detailed financials available for review [GE Vernova Investor Relations](https://www.gevernova.com/investors/annual-report). GE Vernova is supported by institutional investors inherited from General Electric’s shareholder base, though specific names and stakes for 2025 are not listed in the latest public data. The company is revenue-generating at a commercial scale, with its Gas Power division benefiting from a vast installed base of turbines and service contracts. Recent announcements suggest strong order growth, with expectations of 80 gigawatts of combined-cycle gas turbine contracts by the end of 2025, driven by demand from data centers and other high-energy sectors [Reuters](https://www.reuters.com/business/energy/ge-vernova-expects-80-gigawatts-gas-turbine-contracts-by-years-end-2025-12-09/). ### Recent News and Developments | Date | Event | Details | |---------------|------------------------------------|--------------------------------------------------------------------------------------------------| | Dec 9, 2025 | Gas Turbine Contract Forecast | GE Vernova expects 80 gigawatts of combined-cycle gas turbine contracts by year-end, fueled by data center demand [Reuters](https://www.reuters.com/business/energy/ge-vernova-expects-80-gigawatts-gas-turbine-contracts-by-years-end-2025-12-09/). | | Sep 4, 2025 | Ammonia Combustion Testing Update| Continued development with IHI Corporation for 100% ammonia-burning F-Class turbines, with tests planned for mid-2025 [GE Vernova News](https://www.gevernova.com/news/taxonomy/term/9477?page=1). | | Feb 7, 2025 | 2024 Annual Report Released | GE Vernova publishes its 2024 Annual Report, detailing financial performance and innovation focus [GE Vernova Investor Relations](https://www.gevernova.com/investors/annual-report). | | Jan 28, 2025 | Data Center Power Partnership | Partnership with Chevron and Engine No. 1 to develop natural gas-based power solutions for U.S. data centers [Chevron](https://www.chevron.com/newsroom/2025/q1/power-solutions-for-us-data-centers). | | Jan, 2025 | Industry Updates | Ongoing updates on power generation and electrification via investor communications [StockTitan](https://www.stocktitan.net/news/GEV/). | ### Partnerships and Collaborations - **Chevron and Engine No. 1**: Announced in January 2025, this partnership focuses on scalable natural gas power solutions for U.S. data centers, leveraging GE Vernova’s gas turbine technology to meet rising electricity demands. Strategic value lies in addressing Big Tech’s energy needs with reliable, efficient systems [Chevron](https://www.chevron.com/newsroom/2025/q1/power-solutions-for-us-data-centers). - **IHI Corporation**: Under a 2024 Joint Development Agreement, GE Vernova collaborates with IHI to develop ammonia combustion technology for F-Class gas turbines, aiming for 100% ammonia use by 2030. This partnership enhances decarbonization efforts and positions GE Vernova as a leader in alternative fuel power generation [GE Vernova News](https://www.gevernova.com/news/taxonomy/term/9477?page=1). ### New Hampshire Relevance GE Vernova Gas Power’s technologies have potential relevance for [[New Hampshire]], particularly in supporting the state’s energy grid and industrial needs. The proximity to existing infrastructure, such as the [[Seabrook Station]] nuclear plant and the ISO New England (ISO-NE) grid, makes GE Vernova’s flexible gas turbines (like the Aeroderivative LM Series) suitable for peaking power and grid stability, especially as renewable integration grows. The H-Class turbines could also serve as reliable baseload power sources if natural gas infrastructure expansion is prioritized. While GE Vernova’s technology is fully operational and ready for immediate deployment, New Hampshire’s legislative focus on small modular reactors (SMRs) under bills like HB 710 may not directly align with gas power solutions. However, the state’s need for data center power (a growing sector in the Northeast) and industrial heat applications could match GE Vernova’s offerings, especially given recent partnerships targeting data center energy demands. There is no specific evidence of NH connections or expressed interest, but the company’s focus on the U.S. market suggests potential for Northeast deployment if policy and infrastructure support natural gas solutions. ### Competitive Position GE Vernova Gas Power faces competition from other major players in the gas turbine market, such as [[Siemens Energy]] and Mitsubishi Heavy Industries. [[Siemens Energy]] offers comparable high-efficiency gas turbines with hydrogen-ready capabilities, posing a direct challenge to GE Vernova’s H-Class and F-Class offerings. Mitsubishi, similarly, emphasizes advanced combustion technologies and has a strong presence in Asia, potentially outpacing GE Vernova in alternative fuel adoption like ammonia. GE Vernova’s unique advantage lies in its vast installed base—the largest globally—providing unmatched service experience and customer trust. However, risks include slower transitions to zero-carbon fuels compared to competitors aggressively investing in hydrogen, and potential regulatory pushback on natural gas amid decarbonization goals. ### Closing Note GE Vernova Gas Power is at a mature, operational stage with a strong trajectory toward innovation in low-carbon gas turbine technologies and a positive outlook driven by rising energy demands. *Report generated December 24, 2025*