
GE has been a leader in power generation for over a century, with a rich history of innovation and technological advancements. GE's first electric generator was built in 1893, marking the beginning of the company's journey in power generation.
GE's power generation business provides a wide range of products and services to help meet the world's increasing demand for electricity. From traditional fossil-fuel power plants to the latest in renewable energy technologies, GE has the expertise and solutions to meet the needs of utilities, industrial companies, and governments.
GE's innovative approach to power generation has led to the development of advanced technologies such as the GE 9HA gas turbine, which sets a new standard for efficiency and reliability. This technology has been widely adopted by power plants around the world.
GE's commitment to innovation and customer satisfaction has earned the company a reputation as a trusted partner in the power generation industry.
Gas Engines & Generators
GE Power's gas engines and generators are a game-changer in the industry, with over a century of combined experience in gas turbines and gas engine technology. Their aeroderivative gas turbine, Jenbacher gas engine, and Waukesha gas engine product lines are highly regarded for their efficiency and reliability.
GE Power's engineers continuously work on technological developments for their engines and turbines, with over 1,400 engineers worldwide. Their seven global research centers ensure that their products use the most advanced technologies in areas such as metallurgy, combustion, and aerodynamics.
The Jenbacher gas engine range runs on either natural gas or a variety of other gases, such as biogas, landfill gas, coal mine gas, sewage gas, and combustible industrial waste gases. With a power output range of 248kW to 9.5MW, they're suitable for a wide range of applications.
Here are some key specifications for the Jenbacher gas engine range:
The Waukesha gas engine portfolio includes the VGF, VHP, and LMS100 models, each with its own unique specifications and features.
Systems
GE Power Systems was a division of General Electric that supplied power generation technology, energy services, and energy management solutions.
The unit was originally based in Schenectady, NY, but relocated to Atlanta, GA in 2000.
GE Power Systems acquired Enter Software in 2001.
In 2002, the company acquired Enron's Wind solution.
GE Power Systems provided solutions related to oil and gas, distributed power, and energy rental.
Timeline
GE Power has a rich history, and to put it into perspective, let's take a look at the timeline.
GE Power was formed in 2012 when John Krenicki announced that he would be stepping down as president of GE Energy, and the business would be broken into three new GE businesses.
Here's a brief timeline of key events in GE Power's history:
In 2019, GE Steam Power started manufacturing half-speed steam turbines for the Akkuyu Nuclear Power Plant in Turkey.
History
In July 2012, John Krenicki announced that he would be stepping down as president of GE Energy, and the business would be broken into three new GE businesses.

GE Energy was formed in 2008 from companies within the GE Infrastructure division, following a company-wide reorganization prompted by financial losses.
GE had nine decades of history in industrial power production before the reorganization, including building a record-capacity three-phase generator for Niagara Falls in 1918 and installing generators at the Grand Coulee Dam in 1942.
In 2008, GE Energy had approximately 82,000 employees and generated $37.1 billion in revenue.
GE Energy's divisions included GE Energy Management, GE Oil and Gas, and GE Power and Water.
Here is a list of key events in GE Energy's history:
- 2008: GE Energy formed from companies within GE Infrastructure division
- 2011: GE Energy acquired a 90% stake in Converteam for $3.2 billion
- 2015: GE finalized the acquisition of Alstom's power generation and electricity transmission business
- 2017: GE Energy Connections merged with GE Power & Water to become GE Power
- 2019: GE merged the Grid Solutions portfolio into the Renewable Power business
- 2022: Électricité de France (EDF) agreed to acquire GE Steam Power's nuclear activities
- 2024: GE Power was divested into GE Vernova
2013-2024
In 2015, a GE Power model 9FB gas turbine in Texas was shut down for two months due to a turbine blade break. GE developed new protective coatings and heat treatment methods to prevent similar issues.
GE Power's gas turbines represent a significant portion of the company's revenue and many utility companies' power generation fleets in the US. Chubu Electric of Japan and Électricité de France were also impacted by the turbine blade issue.
GE went through a series of disinvestments and reorganization in 2017 due to negative financial results.
In May 2017, GE Oil & Gas was combined with Baker Hughes Incorporated to create Baker Hughes, a GE company (BHGE), a new tier-1 business.
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Frequently Asked Questions
Does GE Power still exist?
GE Power is no longer a standalone company, having been spun off into a separate entity called GE Vernova in April 2024. GE Vernova is the successor to GE Power.
What is the new name for GE Power?
GE Power is now part of GE Vernova, a new company formed from the merger and spin-off of General Electric's energy businesses in 2024. GE Vernova encompasses former GE Power, GE Renewable Energy, GE Digital, and GE Energy Financial Services.
Why is GE Power Share falling?
GE Power Share is falling due to underlying financial weaknesses, including negative EBITDA and low profitability. Declining investor interest is also contributing to the stock's downward movement.
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