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ELECTRIFY

Our commitment to catalyze access to more secure, sustainable, reliable, and affordable electricity, while helping to drive global economic development.

Leading Goals

Be a leading provider of new power generating capacity and grid capacity for the world

Address electrification in regions underserved by reliable, affordable, and sustainable electricity

Support workforce development, with a focus on underserved populations globally

ELECTRIFY

Progress towards our leading goals and metrics

Our leading goals and metrics provide focus to our strategy, directing our efforts to where it matters most. Each goal is designed to drive progress across the whole organization and enable more transparent reporting. Find out about the progress we made towards our leading goals in 2025.

Goal 1

Be a leading provider of new power generating capacity and grid capacity for the world

2024 - 2025 Progress
57 GWIn 2025, 26 GW of GE Vernova power generation equipment came online – bringing us to 57 GW added since the beginning of 2024, or 38% of our 2030 target.

Goal 2

Address electrification in regions underserved by reliable, affordable, and sustainable electricity

2025 Performance
~37%In 2025, ~37% of our new power generating capacity and grid enabling capacity, in terms of GW, became energized in developing or emerging economies.

Goal 3

Support workforce development, with a focus on underserved populations globally

2024 - 2025 Progress
~10,700Through 2025, we have reached approximately 10,700 students through programs focused on workforce development and training.
  • Goal 1

    Be a leading provider of new power generating capacity and grid capacity for the world

    2024 - 2025 Progress
    57 GWIn 2025, 26 GW of GE Vernova power generation equipment came online – bringing us to 57 GW added since the beginning of 2024, or 38% of our 2030 target.
  • Goal 2

    Address electrification in regions underserved by reliable, affordable, and sustainable electricity

    2025 Performance
    ~37%In 2025, ~37% of our new power generating capacity and grid enabling capacity, in terms of GW, became energized in developing or emerging economies.
  • Goal 3

    Support workforce development, with a focus on underserved populations globally

    2024 - 2025 Progress
    ~10,700Through 2025, we have reached approximately 10,700 students through programs focused on workforce development and training.
Goal 1

Be a leading provider of new power generating capacity and grid capacity for the world

Meeting the world’s increasing demand for reliable, secure, and affordable electricity is critical to life, health, and safety. It is also the foundation for economic growth and improved quality of life. Our goal is to continue to be one of the world’s leading providers of power generating equipment and innovation to meet growing global demand, while addressing electrification in developing and emerging economies. We measure the amount of power we bring to the grid – known as generating capacity – and the amount of power that can be effectively transmitted through newly installed infrastructure to homes and businesses – known as grid enabling capacity. Grid enabling capacity is a metric we use to show the number of power transformers our technology base energizes, and includes volume produced by Prolec GE, which was a joint venture with Xignux and was fully acquired by GE Vernova in early 2026.

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OUR 2025 PROGRESS

In 2024, we set a goal to bring 150 GW of new power generating capacity online by 2030. In 2025, 26 GW of GE Vernova power generation equipment came online – bringing us to 57 GW added since the beginning of 2024, or 38% of our 2030 target. Additionally, 68 GW of new power transformers were energized. This equipment adds new sources of electricity that can help support economic development.

Electrify goal
Electrify goal
Goal 2

Address electrification in regions underserved by reliable, affordable, and sustainable electricity

Increasing access to reliable, secure, and affordable electricity addresses energy poverty, fuels growth in global economies, and helps improve quality of life. In 2025, ~37% of our new generating capacity and grid enabling capacity, in terms of GW, became energized in developing or emerging economies. This balanced split demonstrates our reach and ability to help electrify underserved regions.

The 26 GW of new power generating capacity that came online was dispersed among 30 countries or regions, 16 of which are categorized as developing or emerging economies by the International Monetary Fund (IMF). Of this new power generating capacity added, 47% was in developing and emerging economies.

The 68 GW of grid enabling capacity energized was spread among 29 countries or regions, 13 of which are categorized as developing or emerging economies by the IMF. Of this grid enabling capacity energized, 33% was in developing and emerging economies.

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OUR 2025 PROGRESS

In 2025, ~37% of our new generating capacity and grid enabling capacity, in terms of GW, became energized in developing or emerging economies, exceeding our annual goal of 30%. While we do not expect this figure to continually increase necessarily year over year, we aim to consistently serve 30% to the developing world each year.

New generating capacity online in 2025
New generating capacity online 2024
Grid Enabling Capacity Energized in 2025
Grid Enabling Capacity Energized in 2024
Goal 3

Support workforce development, with a focus on underserved populations globally

The energy sector is expected to create 30 million jobs by 2030, many of which will require specialized engineering, technical, and digital skills. GE Vernova and the GE Vernova Foundation are actively working to help close the global energy skills gap by investing in workforce development aligned with the needs of the energy transition. The Foundation focuses its strategic giving on programs that prepare engineers, technicians, and skilled trades professionals to invent, build, and maintain the technologies critical for a sustainable energy future.

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OUR 2025 PROGRESS

Through 2025, the GE Vernova Foundation has reached ~10,700 students and learners worldwide, comprising ~36% of our 2030 goal.

Electrify goal
Electrify goal
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How Our Technologies Are Delivering Electrification

Energy Source

Gas

Nuclear

Wind

Solar

Water

How Our Technologies Are Delivering Electrification

Generate

Innovating, deploying, and servicing zero- and lower-carbon technologies and breakthroughs.

Transfer

Providing grid and electrification solutions needed to bring power more reliably and efficiently.

Orchestrate

Providing grid & electrification solutions to bring power more reliably and efficiently from generation to consumption.

Convert

Converting electricity across grid systems, currents, voltage levels, and energy forms.

Store

Enabling higher penetration of renewable energy, while increasing overall grid resilience and stability.

Energy Destination

Home

Business

Industry

A new way of solving energy access: the Mendoza Model

Explore the report

In April 2025, we convened the inaugural Mendoza Collective Action Summit in Argentina. We brought together 15 leaders from across the public, private, and academic sectors to share insights on how to grow access to affordable, reliable, and sustainable energy for all. The Mendoza Report “Rethinking Energy Access” outlines the principles and actions that the energy industry must take to meet rapidly growing energy demand while delivering sustainable development for the benefit of our communities.

Infographic outlining the principles and actions of the Mendoza Collective Action Summit

Mendoza Collective Action Summit

Principles

  1. Energy access is much more than powering a lightbulb
  2. Solving the energy system unlocks prosperity
  3. Urgency and accountability are non-negotiable
  4. People come first
  5. How we tell the energy story determines who it serves

Actions

  1. We will establish a modern baseline of energy access
  2. We will accelerate innovation as a system-wide enabler
  3. We will align policy to unlock progress
  4. We will activate coalitions and collective ambition