Why green is green Scott Starr GE Energy June 19, 2008
2008
2030
4 1B+ people without water access Known oil reserves being depleted Kyoto Protocol Phase I in place Scarcity Regulation Security The world faces big challenges…
5 Grow revenues to $20B Double R&D to $1.5B Reduce GHG Inform public
6 Overall impact for GE Customers New collaborations Products Technical and commercial innovation Policy A seat at the table Employees Grass roots support, best talent Public opinion Message resonating
7 45+ certified solutions Transportation Aviation, Rail, Automotive, Marine Industrial Lighting, Appliance, Motor, Finance Energy IGCC, Solar, Biogas, Wind, Gas turbines Water Reuse, Desalination, Industrial, Cooling
8 Customer activations
9 Energy efficient lighting & controls Solution Maximize energy savings Centralized lighting control F28 T8 lighting system Impact Energy consumption 133 MM kWh annually 81,000 metric tons CO2 annually
10 Solar Solution 2 New Jersey stores – 750KW total PPA with PPL Corporation Impact 15% peak energy needs 640 metric tons CO2
11 Reclamation & re-use of wastewater Westbrook CT Outlet Mall Solution Treated water reclamation for flush water Impact 13 MM gallons water/year Avoided disposal field cost of +$2 MM
12 Reduce emissions 5,000 projects 600k tons identified ~$97MM energy savings Shareholders Cost Risk Solutions and showcases Line of Sight to 1% Goal CO 2 Production ~$70MM ’06 energy savings ~30% Millions of Tons
13 Lighting Showcase 40 Lighting upgrades to date… Operating Impact $3.4MM Annual Savings, 2yr payback Environmental Impact 40,000 tons CO2 avoided
Business & consumer solutions
15 10 manufacturing/assembly sites 4,000 global employees Installed base: 14GW Projects in 40+ countries $200M invested in supply chain 10,000 sub-supplier jobs created Wind Solar Biogas Power range: 0.25 MW - 4 MW Fuel flexibility: Natural gas or a variety of renewable or alternative gases Residential, commercial and utility applications Largest commercial solar project in Asia Leading N. American wind turbine supplier 6x unit growth since ‘02 8, MW installed globally PrimeStar Solar thin film technology investment Building world’s largest renewables business GE Company Proprietary
16 Growing GE in Schenectady Power Generation and Renewables Global Headquarters Building Wind Customer Support Center Renovating Building 53 Announced 650 new professional jobs GE Company Proprietary
17 Looking Ahead … “the most important thing to happen this past year was that living and thinking ‘’green'’…hit Main Street. “Green is the new Red, White, and Blue” - Thomas Friedman, New York Times