GE Vernova Says High-Voltage Infrastructure Market Is Quickly Growing -- Market Talk
Dow Jones2026/10/28 13:070906 ET - GE Vernova estimates the high-voltage market will reach $130 billion by the end of the decade, and CEO Scott Strazik says there are many factors driving the company's conviction. "Data centers require large electricity loads, driving the increasing need for more efficient high-voltage equipment," he says on a call with analysts, noting that Trench Group has already secured multiple supply agreements with hyperscalers over the past two years. "In addition, global utilities are also building out more high-voltage infrastructure," Strazik says. "Today's grid loses as much as 8% from power generation to end use, and the upgrade of the grid to higher voltages dramatically reduces energy losses, making the whole grid more economical." (connor.hart@wsj.com)
(END) Dow Jones Newswires
October 28, 2026 09:07 ET (13:07 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
Crypto prices
More
