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GE Energy Management Power Conversion
We’re at work making change happen
June 4th, 2013
Driving growth in energy shifting scenario
Joe MastrangeloPower Conversion CEO
2GE Proprietary Information
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Energy trends … key highlightsEnergy Efficiency
ElectrificationNew Tech frontiers
Regulations Big data
Multiple drivers to energy shifting
Global electricity demand to increase of 70% by 2035
2/3 of the economic potential untapped by 2035
Subsea, unconventional, smart grid, power quality , …
Sustainable CO2 price policy, Electricity Market Design, Trade Policy, Labour market …
Large time-series data sets to drive competitiveness and growth
Source: IEA World Energy Outlook 2012
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GE Strategy
xA belief in a better way
A relentless drive to invent
and build things that matter
+ =We look at what the
world needs
A WORLD that WORKS BETTER
Building, Powering, Moving & Curing
More valuable portfolio Strategic imperatives
Leadership in technology
Expand services � analytics
Invest in growth regions
Simple + competitive cost structure
+1
2
3
4
Valuable Specialty Finance
Strength
Cash
PremierInfrastructure
company
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Value creation examples
• Subsea structures• Large block Heavy Duty Gas Turbine• Distributed power• Mining equipment• Marine systems
Leadership in Technology
(in $B)
1
Energy relevant R&D component
LNG solutions
Customized offerings• Leadership position in large-scale LNG
• Remote module capability
Mini-LNG solutions• Flexible solutions 10-250k gallons per day
• Mini-LNG plant Recent acquisition
Marine solutions
Customized offerings• � 10-20% operating costs
• High accuracy control
• � 10% efficiency gain
• Integrated system … risk reduction
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Build on electrification trend
420700
2010 2040
500
Efficiency gain will support 40% of
global energy demand
180280
2010 2040
Electricity demand ↑55%
Efficiency gain
Market trends GE solutions
Electricity demand (QBTUs)
Global energy demand (QBTUs*)
+55%
* QBTUs=Quadrillion of British Thermal Units, Source: Exxon Mobil,
** CO2 savings based on 8MW scenario, all savings are calculated on a yearly basis
Primary sources
1
Improve efficiency up to 30%
• ↓ grid disruptions from heavy-duty loads
• Grid code compliance
Secure power quality
• Predict behavior of electrical networks
• Solutions to avoid instability
Optimize availability
• Secure & reliable critical systems control
• Incident reporting & remote diagnostics
Automation & Control
• Variable speed elect. integr. technology
• Energy savings & ↓ CO2 emissions
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Industrial Internet2
A world that works better, faster, cleaner and cheaper
Technology Enablers
Intelligent
Machines
Big Data
& Analytics
People at
WorkCloud
Control Systems
MaterialScience
Software
Power of 1%
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Investing in growth regions
Growth Regions(Industrial Segment Revenue – in $ billion)
Capability
+ 15 technology/innovation centers
+ 200 manufacturing/service sites
+ 10,000 commercial resources
$ 34
$ 37
++
‘11 ‘12 ’13 E
Transformation(in $ million)
1. Create acquisition value
Brazil orders New Central Europe
$50 $500 Manufacturing base
2. Improve and diversify earnings through cycles% growth region revenue
Healthcare 14% 28%Transportation 25 52Aviation 22 35
3. Enhance strategic positioning …. ~2x Executive level
570
‘08
~900
’13 E
‘03 ‘13 E
3
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Simple + CompetitiveSimpler @ lower cost Strengthen competitiveness
Customer rules … reducing cycle time
to enhance customer touch points
Focus on customers value added investment
Global shared services for enabling functions
Building multi-modal factory, local contents increase (e.g. India)
Maximize local regulatory framework
… flexibility and speed as business
enablers
Accelerate strategy cycles, closer
connection with operations & customers
for new product development
4
FastWorks
Global Supply Chain
RegulationsCost Management
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GE Competitive positioningEnergy Efficiency
Electrification
RegulationsBig data
Leveraging the energy shifting
Integrated solutions and flexible power systems
Tap the supply side potential
Expanding the boundaries through R&D
Local organization development : Global Growth Organization (GGO) Minds & Machine
New Tech frontiers
