The UK named four companies, including a division of Rolls Royce Plc, to proceed to the next stage of a contest to build the country’s first small modular nuclear power plant, a potentially key technology for reaching net-zero emissions.
GE Vernova Inc. (NYSE:GEV) may cut about 900 jobs globally as it moves to shrink its offshore wind business.
A turbine blade failed at the Dogger Bank offshore wind farm on Thursday morning.
GE Vernova Inc. (NYSE:GEV) plans to reinspect every offshore wind-turbine blade the company has ever produced, after finding a “material deviation” at the factory supplying the component that recently broke at a US project under construction.
GE Vernova (NYSE:GEV) has invested $10.2 million (£8.1mn) in Xlinks First’s proposed UK-Morocco power project.
Grid operators have picked GE Vernova and Mytilineos Energy & Metals to help deliver infrastructure for a £2.5bn subsea cable linking the Central Belt and north east England.
In 2019, the United Kingdom took a pioneering step by enacting legislation for achieving net zero emissions by 2050, establishing itself as a global leader in climate policy.
New analysis by GE Vernova suggests around 22GW of new transmission capacity will be needed across Scottish boundaries to prevent up to 50% of wind energy being wasted.