programmes, partnering with local communities, universities and institu- tions to cultivate a diverse and skilled workforce. This empowering strat- egy aims to ensure inclusive growth and active participation in the energy transition. The 3.6GW Dogger Bank Off- shore Wind Farm in Northeast England highlights this approach, through the Dogger Bank Community Fund which aims to uplift local communities fac- ing social and economic challenges. The fund is investing £1 million in STEM programmes for schools and has secured an additional £25 million from collaborators to enhance education and energy skills. The fund provides £1,000 grants to grassroots initiatives and has supported over 2,000 jobs in the UK. GE Vernova is committed to a just energy transition, addressing the energy trilemma by modernising energy transmission and facilitating equitable access to energy. Through innovative financing, strategic part- nerships and local capacity building, we mobilise resources for underserved areas and cultivate a diverse workforce. By setting benchmarks for decarboni- sation, we plan to accelerate a systemic energy transition and focus on electri- fying energy systems, decarbonising operations, conserving resources and ensuring that communities thrive. We aim to create a future where everyone can contribute and benefit from more sustainable solutions, fostering resil- ience and opportunities for all. This post contains forward-looking statements. Forward-looking statements provide current expecta- tions of future events based on certain assumptions. Words such as ‘aims,’ ‘expects,’ ‘intends,’ ‘plans’ and similar expressions may identify such forward-looking statements. Except as required by law, we disclaim any obligation to update any forward-looking statements.
GE Vernova’s four pillars for a just and sustainable future
Investments in energy storage, includ- ing advanced battery storage and hydro pumped storage, aim to provide stable energy supplies, particularly for vulnerable populations reliant on variable resources. These efforts should foster social equity and resilience in addressing climate change, conserving resources and ensuring fair access to reliable energy throughout the energy transition to help these communities thrive. Securing adequate capital is also crucial for a more sustainable transi- tion. Innovative financing strategies, including co-development funding, public-private partnerships, govern- ment funding and technology incen- tives, are key for supporting energy infrastructure and lower-carbon pro- jects. The €1 billion export finance cooperation agreement between GE Vernova’s Financial Services busi- ness and KUKE, Poland’s Export Credit
Agency, illustrates how strategic col- laborations can facilitate impactful investments. This agreement supports GE Vernova’s global energy customers in decarbonising and increasing elec- trification, while helping KUKE secure debt insurance on agreed transactions. It facilitates significant capital invest- ment and enables renewable and gas power projects through Polish exports and supply chains. A just energy transition ultimately entails building local capacities. Investing in knowledge and reward- ing innovation support people manage emerging technologies and thrive in the evolving energy landscape. GE Ver- nova emphasises science, technology, engineering and mathematics (STEM) education and workforce development
Æ SCOTT STRAZIK ÎØäééÎéçÖïÞàÞèØÝÞÚÛÚíÚØêéÞëÚäĝØÚçäÛÂÀÑÚçãäëÖÖåêçåäèÚ×êÞáéØäâåÖãîÛäØêèÚÙäãÖØØÚáÚçÖéÞãÜéÝÚÚãÚçÜîéçÖãèÞéÞäãÖãÙÖÙëÖãØÞãÜ èêèéÖÞãÖ×ÞáÞéîÐãÙÚçÎØäééąèáÚÖÙÚçèÝÞåÂÀÑÚçãäëÖÞèìäçàÞãÜÖáäãÜèÞÙÚØêèéäâÚçèéäÚáÚØéçÞÛîÖãÙÙÚØÖç×äãÞèÚéÝÚÚáÚØéçÞØåäìÚçèÚØéäç ìÝÞáÚÙÚáÞëÚçÞãÜçÚáÞÖ×áÚÖĚäçÙÖ×áÚÖãÙèêèéÖÞãÖ×áÚÚáÚØéçÞØÞéîéäéÝÚìäçáÙ @ GEVernova : www.gevernova.com
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