With GE Vernova standing at the threshold of becoming a new purpose-built, energy-focused company in a few short weeks, it’s worth noting the inspiration for its name. It is, says the company, “a combination of ver, derived from verde and verdant to signal the greens and blues of the Earth, and nova, from the Latin novus, or ‘new.’” Novus also happens to be one of the roots of the word “innovation,” a pillar of GE from its founding. Innovation, then, is literally in the company’s DNA.
The annual U.N. Climate Change Conference (COP) is famous for being a global forum bringing together leaders, policymakers, and businesses, but it also provides a stage for the host country and the wider region to showcase their efforts in accelerating the energy transition.

On Nov.
About three years from now, some 80 miles off the coast of Yorkshire, England, the world’s biggest wind farm is scheduled to begin operation. The facility, called Dogger Bank — which will be powered by GE Vernova’s Haliade-X 14-megawatt (MW) wind turbines — is expected to generate 3.6 gigawatts (GW) of electricity, an amount equivalent to that needed to power 6 million homes in the U.K.
Building a world that works: This is the motivating principle behind the work that’s done at GE all across the planet. As we celebrate Earth Day, GE Reports shines a spotlight on a half dozen of its most impactful breakthrough technologies that are helping to usher in a more sustainable future — and some of the dynamic people leading these efforts every day.
“We have an energy crisis,” said Rafał Kasprów, CEO of Poland’s Synthos Green Energy (SGE), last Thursday in Washington, D.C. “The solution we need,” he said, is innovative technology — “and we already have it: SMRs.” Kasprów was speaking at an event to celebrate the signing of a new $400 million technical collaboration agreement to advance the development and deployment of GE Hitachi Nuclear Energy’s BWRX-300 small modular nuclear reactor.
Like most countries, the United Kingdom is making swift moves to try to reduce carbon emissions and increase energy security through wind, solar, and other renewables. And as in many other countries, nuclear energy is set to play a large role. The nation already gets about 15% of its electricity from nuclear, and aims to triple its capacity to 24 gigawatts (GW) by 2050, which would cover some 25% of its future electricity needs, all while retiring older gas-cooled nuclear plants.
In 2020, GE made a commitment to become carbon-neutral in its own operations by 2030, and the following year the company announced that it is going even further, reaching net zero by 2050 — including the Scope 3 emissions that result from the use of sold products. As the company unveiled its 2021 Sustainability Report this week, we looked back at some of this year’s biggest developments, which include offshore wind, hydrogen fuel, carbon capture and sequestration, small modular nuclear reactors, pumped hydro and other technologies.
Speaking at the Techonomy Climate 2022 conference in Mountain View, California, on Tuesday, Roger Martella, GE’s chief sustainability officer, wanted to quickly underscore what brought him there: “I think history will look back on this day, this month, this year, and say this was the era of climate innovation,” he said.
Ever since last December, when Canada’s Ontario Power Generation selected GE Hitachi Nuclear Energy to build the first grid-scale small modular nuclear reactor (SMR) and bring it online by the end of the decade, the technology has been in the news. The latest country interested in the technology is Sweden.