Roger Martella’s Post

On Tuesday, I had the privilege of sharing the stage with some of the most influential voices on #sustainability, #leadership, and #innovation during #AspenESGSummit24.   During the opening plenary session Linda Hill, Kristen Siemen and I, talked about the positive momentum in sustainable innovation. Later in the day I was able to share stories of transformation around the energy transition with Katherine Neebe, Arnab Pal, Mike Boots, and David M.   We are in a transformative era of action for sustainability and climate change. One of the biggest game changers in this era needs to be elevating the role of #partnerships: companies partnering with each other, with NGOs, and, importantly, with governments, toward shared goals. At GE Vernova we’re committed to elevating the role of collaborations and partnerships to advance the #EnergyTransition.   Thank you to Judy Samuelson and Aspen Institute Business & Society Program for the invitation to be part of such important discussions.   #FutureOfEnergy

It was an honor to join the only energy security event on the sidelines of the #NATO summit this week in Washington DC. The Atlantic Council brought together diverse leaders from Congress, the Executive Branch, NATO countries, and energy companies on the critical topic of planning for energy security in the years ahead. The discussion in the House Rayburn Office Building’s “Gold Room” was moderated by General Wesley Clark (Ret.), Landon Derentz and Olga Khakova. As the only energy #OEM with electrification as a core pillar of our #sustainability framework, GE Vernova integrates #EnergySecurity into our operations in three key ways: 1. Building strategic supply chains to meet the growing demand. The war in #Ukraine has reinforced the need to ensure we are being strategic in manufacturing the equipment the world needs for resiliency. The growing needs of energy security and electrification are leading us to expand manufacturing capacity in our facilities including transformer production in Shreveport, Louisiana, as well as recent investments in our historic #Schenectady, NY factory, which now produces the largest #OnshoreWind turbines made in the U.S., and where GE Vernova will make a new $22 million #investment to manufacture new advanced generators, helping meet existing and increased global demand from our customers. Read more here: https://vernova.is/4631uA7 2. Being a leading provider of the equipment the world needs to meet growing demands and address resiliency, including from cyber security, extreme weather events, and increased stressors on the grid. We do this by building the world’s most diverse portfolio of conventional and #renewable power generation and #grid equipment and #software. As part of our efforts to grow grid security, we were pleased to support the recent G7 #CyberSecurity protocols as one of the world’s leading grid equipment companies. https://vernova.is/3VwRs5m 3. Innovating the breakthrough technologies of the future. Much of the discussion focused on the growing role of nuclear for energy security, including our leading small modular reactor #SMR the BWRX-300 which will be deployed later this decade. We are committed to innovate the breakthrough technologies the world needs to realize energy security, electrification, and decarbonization goals. Thank you to the participants in the discussion, including Congressman #PaulTonko who represents our facilities and workers in the New York Capital District and Congressman #DarylIssa for his impactful comments on the importance of an “all of the above” energy strategy. The collaborative, bi-partisan and global discussion in the halls of the Capitol on the eve of the NATO convening both brought optimism about the alignment of diverse stakeholders to advance #EnergySecurity and the unique opportunity for GE Vernova to play an oversized role in success.  #FutureOfEnergy | #GasPower | Atlantic Council Global Energy Center

With more than 30% of the UK’s electricity generated through our equipment, we look forward to working with new Energy Secretary Ed Miliband and continue supporting the UK’s path to net-zero. Last year, I had the pleasure of speaking with Secretary #Miliband at our #NewEraOfEnergy event in London, where we talked about how public-private collaborations are fundamental to drive successful long-term impact across the energy sector.   Building on more than 120 years of experience in the #UK, GE Vernova, through our people, technologies, and breakthrough innovations –such as #CarbonCapture, small modular nuclear reactors #SMR, #OffshoreWind turbines, along with advanced #grid systems and orchestration #software– is uniquely positioned to help deliver the energy transition in the UK and around the world.   #FutureOfEnergy

At GE Vernova our commitment to #EnergySecurity includes not only building reliable, affordable, and sustainable access to power, but also securing the grid.  Through our electrification equipment and software, we work to address #cyber risks by working with technology providers, suppliers, distributors, and consumers to safely advance the #EnergyTransition. To strengthen our collective success, we were proud to join the United States, G7 nations, and other industry leaders on this important #G7 initiative to promote the security, reliability, and sustainability of electricity suppliers. Read more from our CEO Scott Strazik below. Further details here: https://vernova.is/3VwRs5m The White House | Puesh Kumar | U.S. Department of Energy (DOE) | Office of Cybersecurity, Energy Security, and Emergency Response (CESER) #FutureOfEnergy #cybersecurity

It was an honor to join the Ukraine Recovery Conference in Berlin this week to advance our priority of supporting the people of #Ukraine in enabling access to electricity under the most challenging circumstances. I joined the GE Vernova team - one of three US Companies invited to participate in the conference - to strengthen our strategic partnership for both Ukraine’s immediate power needs and the long-term reconstruction of its #SustainableEnergy infrastructure.    At the conference, I joined Svitlana Grynchuk, Deputy Minister from Ministry of Energy, Ukraine, and my colleague Olivier Jamart, to sign an MOU for GE Vernova's Electrification businesses #PowerConversion to support the country’s needs in the development of microgrids, smart grids, and increasing renewable energy sources and grid automation to improve the energy security, resilience, flexibility, and efficiency of Ukraine’s power system.   Today’s MOU complements other work we are doing in Ukraine to enable power generation at scale through power generation and grid equipment. It focuses on an additional layer of defense for Ukraine’s grid by enabling localized responses to close gaps and respond to challenges. This multi-layered approach is critical not only for Ukraine, but for the #EnergyTransition generally as we build systems to address weather events, cyber security, and growing demands and stressors on the grid.     At GE Vernova, we take seriously our electrification mission to make sure that kids can turn the lights on and feel safe, people can access healthcare, and everyone has the opportunity to prosper through jobs and economic opportunities. Success for this mission unites us as a company. Thank you to the Ukrainian, United States, and German governments for partnering with GE Vernova to solve these historic challenges. We look forward to continuing this important relationship into the future with the urgency it warrants. And we share the resolute and solutions-focused approach Ukraine’s leaders are demonstrating.   For more about our ongoing efforts in Ukraine, please see: https://lnkd.in/g5JdZM_g #UkraineRecovery #FutureOfEnergy

As we celebrated #WorldEnvironmentDay last week, I had a fitting opportunity to reflect on the momentum of GE Vernova with our new neighbors in #Massachusetts and #Cambridge at the John F. Kennedy Library Foundation in Boston. GE Vernova was proud to be a founding sponsor of #ClimaTech 2024 and a gala at the Library, which brought together hundreds of national leaders to focus on how #NewEngland can build upon its legacy of innovation in leading on climate tech.     The JFK Library is perhaps the most inspiring place to be thinking about solving for energy security and climate change. President Kennedy’s moonshot ambition continues to set the tone in every square inch and at every moment in that hallowed space. We had the honor of examining the President’s original #moonshot speech with his handwritten notes before taking the stage. It’s uplifting to think about the magnitude and scope of the President’s moonshot ambition and the mission that lies ahead for #energy and #climate —and to channel that optimism and conviction into what we do today.   We can think of no better mission control for our efforts than our hometown of Cambridge Massachusetts. We’re proud and appreciative of the leadership of Massachusetts Governor Maura Healey and her team, including Yvonne Hao, Melissa Hoffer, Ashley Stolba, and Rebecca L Tepper for fostering the nation’s leading community of climate tech innovation in the greater Boston area. We’re also appreciative of our partnerships with Massachusetts Institute of Technology, Harvard University, Northeastern University, Greentown Labs, and The Engine, who are accelerating action through collaboration. While we may be new to the neighborhood, thank you all for the warm welcome. You’ve only reinforced our conviction that we moved to the right city.   As President Kennedy said: “Let us not despair but act. Let us not seek the Republican answer or the Democratic answer but the right answer. Let us not seek to fix the blame for the past - let us accept our own responsibility for the future." The discussions we advanced at ClimateTech and our partners in Massachusetts bring us great optimism that working together we can act to solve for the future. Office of Massachusetts Governor Maura Healey #FutureOfEnergy

I remember seeing the original Tron movie with my father in the theater when I was 13 years old, and taking my oldest son, Tino, to see ‘Tron: Legacy’ when he was 8 years old. While the former was campy, the latter is a family favorite that we have watched many times.   Only now, I can’t experience anything Tron without thinking of my colleague Scott Reese who frequently reminds us “the #grid is #digital!”. Scott has taught me how our century old grid was designed as a one-way street from point of generation to distribution to consumption. Today, this same grid functions more as a superhighway, with #electrons moving in cross directions, more variability in generation, and--just like in Tron!--more risks of #cyber threats.   Fortunately, Scott and his team at GE Vernova's Grid Software business have developed leading software solutions for modernizing and protecting the grid and making it more resilient through digital tools. #GridOS is the first end-to-end #software portfolio designed specifically for grid orchestration to enable utilities to navigate the complexity that comes with a more sustainable energy grid.   Scott and GE Vernova's electrification software business are just part of our holistic approach to strengthening and modernizing the grid. I’ve always been proud to talk about the growing criticality of these products to #EnergySecurity and #electrification. And now after experiencing “The Grid” firsthand in Orlando, I’m even more thankful for Scott and his team as they help ensure more people have access to reliable power—despite the twists and turns we may encounter! #FutureOfEnergy

Last week during the inaugural GE Vernova’s Founders Leadership Meeting, we had the honor of hosting a virtual panel on #EnergySecurity with German Galushchenko, Minister of Energy of #Ukraine and Geoffrey Pyatt, Assistant Secretary, US Department of State and coordinator of the G7+ group for assistance to the energy sector of Ukraine. At the outset of the discussion, I shared my view that these may be the two most important leaders globally in navigating the challenges of energy security. Energy security is not a hypothetical or future issue. The discussion focused on how the war in Ukraine has been a fundamental game changer in the urgency of the world addressing the challenges of energy security and preparedness. As Minister Galuschenko shared, hours—not days or weeks—have made the difference in maintaining the grid for Ukraine’s people. As threats to #energy security emerge, we increasingly need to prepare to respond within hours, and have to be prepared to put into play a diverse suite of technologies to create resiliency against these challenges. We’ve learned a lot from our partnership with the Ukraine, US and EU governments on how to approach energy security threats both now in the future. As a result, the world increasingly is prioritizing energy security by investing in both manufacturing and a diverse suite of energy technologies. This prioritization aligns closely to GE Vernova’s portfolio and scale. We have a unique role to play today and in the #FutureOfEnergy. Beyond Ukraine, these are lessons we are using to solve for #ExtremeWeather events, #CyberSecurity, growing #demand, #variability and #grid readiness. Thank you once again to Minister Galushchenko and Assistant Secretary Pyatt for taking the time to speak to our top leaders during such a critical time for Ukraine, and for the world. Our commitment to continue strengthening Ukraine's energy sector and partner to support the restoration of critical energy infrastructure remains a top priority to GE Vernova and our leaders. For Ukraine’s statement on our relationship, please see: https://lnkd.in/gJ7yRKWq Oksana Makarova, Volodymyr Muzylov, Svitlana Grynchuk, Bridget Brink, Erin McKee

It was great to be back on the floor of the NYSE just a few weeks after our historic ringing the bell to introduce GE Vernova and GE Aerospace on April 2. Thanks to Judy Khan Shaw for inviting me back during #EarthWeek to talk about how our #NYSE listing is catalyzing both our business mission and our sustainability framework at #GEVernova.  We’re proud of GE Vernova’s sustainability framework https://lnkd.in/g42PZcYP as the operating system for how we pursue our mission of #electrification and #decarbonization and operate as a company that #conserves the planet’s resources and enables its people to #thrive. It was great to have the opportunity to share not only what our framework does, but also how we developed it, including three principles: 1. #Impact: Filter our efforts where we have the most opportunity to better the planet by electrifying and decarbonizing the grid. 2. #Pragmatism: Pursue success as a business, and align that business success to achieve our sustainability goals. 3. #Credibility: Be beyond reproach in our sustainability communications, including sharing what is working and what is not, with continuous improvement as the key driver. Thanks again to Judy for another engaging conversation on #NYSEFloorTalk and during Earth Week, a great time to reflect on the role of the private sector and companies like GE Vernova driving sustainability, and the importance of the NYSE and investors in enabling success. #FutureOfEnergy