• GE Vernova to deliver 69 Dead Tank Circuit Breakers to Powerlink as part of Queensland’s Capital Work initiative, advancing renewable energy targets.
• State-of-the-art circuit breakers will boost grid stability and facilitate the integration of renewable energy into Queensland’s transmission infrastructure.

QUEENSLAND, AUSTRALIA (Nov 26, 2024) – GE Vernova Inc. (NYSE: GEV) has announced a new contract with Powerlink, the government-owned transmission utility of Queensland, to supply critical grid equipment for their upcoming Capital Work program. The agreement includes the provision of 69 Dead Tank Circuit Breakers (DTCBs), each rated at 245 kV or higher, designed to enhance the resilience of Queensland’s energy grid and support the state’s ambitious renewable energy goals.

Powerlink plays a pivotal role in Queensland’s energy landscape, managing the high-voltage transmission network and connecting renewable energy sources across the region. With renewable energy targets of 70% by 2032 and 80% by 2035, Powerlink’s efforts are crucial to integrating sustainable energy sources while fostering economic growth and environmental sustainability.

Advanced Dead Tank Circuit Breakers: Enhancing Grid Stability

Dead Tank Circuit Breakers (DTCBs) are essential for maintaining reliable power transmission. They safeguard the grid from electrical faults, ensuring uninterrupted energy flow and minimizing disruptions. Acting as robust “off switches,” they isolate affected network sections during faults or overloads, thereby protecting the grid from potential damage.

Such technology is particularly vital for integrating renewable energy sources, which can pose challenges due to intermittent generation. Reliable transmission equipment like DTCBs ensures renewable energy reaches consumers without compromising grid stability, making them indispensable for energy transition projects.

GE Vernova’s DTCBs are globally recognized for their reliability and scalability. With approximately 100,000 units installed worldwide, the company’s Grid Solutions division has earned a strong reputation for delivering cutting-edge circuit breakers that enable the seamless adoption of renewable energy and enhance energy security.

The 69 DTCBs for Powerlink will be manufactured at GE Vernova’s facility in Suzhou, China, and are scheduled for delivery between August 2025 and March 2026. This global production approach ensures timely delivery for complex, large-scale projects.

A Proven Partnership with Powerlink

This contract builds upon GE Vernova’s successful collaboration with Powerlink, which includes localizing DTCB production at the Suzhou facility. This initiative has reduced lead times and mitigated global supply chain challenges for critical grid equipment.

At the official signing ceremony, Paul Simshauser, CEO of Powerlink, and Yeow Keong Lim, Asia Pacific Regional Leader for GE Vernova’s Power Transmission division, emphasized the importance of this partnership.

Paul Simshauser stated, “Our collaboration with GE Vernova reinforces our commitment to delivering reliable and efficient energy transmission. These advanced circuit breakers will ensure Powerlink’s infrastructure can meet Queensland’s renewable energy goals.”

Yeow Keong Lim added, “We are honored to support Powerlink’s Capital Work program. This contract reflects GE Vernova’s dedication to delivering high-performance solutions that enable a sustainable energy transition. Our advanced grid technologies are designed to enhance grid reliability and resilience, helping Australia achieve its energy goals.”

Forward-Looking Statements

This announcement contains forward-looking statements regarding GE Vernova’s anticipated business performance, product capabilities, and contributions to renewable energy initiatives. Forward-looking statements are inherently uncertain and often include terms like “expect,” “anticipate,” “believe,” and “plan.” They address potential outcomes of planned investments, projects, and market conditions, emphasizing GE Vernova’s efforts to navigate evolving global energy demands.

About Powerlink

Powerlink operates Queensland’s high-voltage transmission network, delivering innovative, safe, and cost-effective solutions. With 15,449 circuit kilometers of transmission lines and 152 substations, Powerlink serves over five million Queenslanders and 241,000 businesses. Its mission is to connect the state to a world-class energy future.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a global energy leader spanning Power, Wind, and Electrification segments. With 130+ years of innovation, GE Vernova supports electrification and decarbonization, driving affordable and sustainable energy solutions. Headquartered in Cambridge, Massachusetts, the company employs 75,000 people across 100+ countries.

GE Vernova’s Grid Solutions division specializes in advanced transmission and distribution technologies, supporting energy decarbonization while ensuring grid reliability.

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