GE CEO : Mr Immelt played down the impact of changing energy trends on a company as large as GE , which reported annual profits of $ 13bn for 2011 ( on revenues of $ 142bn ) and sells products for every leading source of energy , from gas and wind turbines nuclear reactors and oil drilling gear , to gas and wind turbines . Nuclear power is so expensive compared with other forms of energy . ` ` It 's really a gas and oil industry now , '' says Immelt of the Financial Times .
GE CEO : Nuclear power is so expensive compared with other forms of energy . ` ` It 's really a gas and oil industry now , '' says Immelt of the Financial Times .