Meeting Vietnam's energy moment:

GE VERNOVA CEO

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GE Vernova is leading the electrification process

Electricity systems are entering a decisive decade with demand projected to soar alongside Al infrastructure, manufacturing expansion, and data centres. In an interview with VIR's Vy Vy, Scott Strazik, president and CEO of GE Vernova, explained why no single technology can power that transition, and how a diversified portfolio of gas, renewables, and nuclear along with modern grid solutions will shape Vietnam's next phase of electrification.

In the context of increase in electricity demand associated with the goal of reducing emissions and decarbonising, what are the core competitive advantages that help GE Vernova lead the electrification process instead of just selling in the market?

There's not any one technology that is going to provide an effective solution. We have a number of different technologies that provide a solution for a country like Vietnam, whether it is gas power, wind power, or our investments in the grid. There are very few companies that have the diverse set of technologies that we have.

The other real dynamic is that a very large number of countries are investing in modernising their grid infrastructure. We already power 25 per cent of the world's electricity every day. This enables us to upgrade and optimise existing systems efficiently, helping countries respond quickly to rising energy demand.

What we often talk about is it's easier to innovate with growth.