ge energy management - international energy agency · ge energy management ... • large block...
TRANSCRIPT
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
GE © 2010 – All Rights Reserved
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
3GE Proprietary Information
GE © 2010 – All Rights Reserved
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
4GE Proprietary Information
GE © 2010 – All Rights Reserved
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
5GE Proprietary Information
GE © 2010 – All Rights Reserved
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
6GE Proprietary Information
GE © 2010 – All Rights Reserved
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%
7GE Proprietary Information
GE © 2010 – All Rights Reserved
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
8GE Proprietary Information
GE © 2010 – All Rights Reserved
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
9GE Proprietary Information
GE © 2010 – All Rights Reserved
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