Confidential. Not to be copied, distributed, or reproduced without prior approval. © 2017 Baker Hughes, a GE company, LLC - All rights reserved.

BHGE ROADMAP TOTHE FUTURE OF POWER GENERATION

2019 Renewable Power to Clean Fuels SymposiumMonday 20 May 2019 | Portland

Copyright 2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved.

Not just an Oil & Gas company, but an energy conversion player investing in a CARBON NEUTRAL future, supporting the industry in energy transitions

Copyright 2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved.

Copyright 2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved. Material correct as of Mar 2019Copyright 2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved. Material correct as of Mar 2019

BAKER HUGHES, A GE COMPANYLAUNCHED IN 2017 AND NOW FOCUSING ON INDUSTRIAL APPLICATIONS

66.000+EMPLOYEES

120 COUNTRIES

4 BUSINESSES:THE WORLD'S FIRST AND ONLY

FULL STREAM COMPANY.

+ =

22.9 BILLIONSREVENUES

$

Copyright 2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved. Material correct as of Mar 2019Copyright 2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved. Material correct as of Mar 2019

UPSTREAM MIDSTREAM INDUSTRIAL

Cogeneration

Industrial power & processing

DIGITAL

BHGE ... A WORLD’S FULLSTREAM & INDUSTRIAL COMPANY

Evaluation

Drilling

Completion

Production & optimization

Pipeline, storage,

processing

LNG

DOWNSTREAM

Refinery

Petrochemical & fertilizer

Transforming what we do and how we do it for the new energy future

©2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved.

May 16, 2019 7

Copyright 2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved.

Rotating

Equipment

Solutions

Reduce emissions and CO2 footprintin O&G/Ind segments

CCS

High efficiency GT High efficiency CC & ICL

HIPER, Waste Pres RecOregenTM for WHR

SS LNG, De-flaring

Enable Renewables and Energy Storage

Steam Turbines

LAES CAES

Solar

Geoth

WtE

Biom

GT H2 fueled

Large Scale

Energy Storage

Hybrid

GT

Turbomachinery … ready for low carbon footprint

Confidential. Not to be copied, distributed, or reproduced without prior approval.

High Hydrogen GT fleet experience by GE / BHGE

OVER 70 GT UNITS BURNING UP TO 80 % H2

EXPERIENCE

• GE LMS have experience in burning

high H2 content fuels

• Gas composition and site specific

needs may require gas turbine

and package redesign

APPLICATIONS

• Synthetic gases

• ‘Steel’, coke oven gases

• Refinery/process off gases

• Blends

LM6000, US, 33% H2

LM2500, US, 20% H2

LM2500, GERMANY, 50% H2

LM2500, BRASIL, 14% H2

LM6000, JAPAN, 10% H2

LM6000, CHINA, 65% H2

Confidential. Not to be copied, distributed, or reproduced without prior approval.

BHGE collected wide experience in Gas Turbines

operating high H2 content fuels:

• up to 60% H2 on MS3200J

• up to 62% H2 on LM5000

• up to 33% H2 on LM6000

• up to 24% H2 on LM2500

• up to 100% H2 on GE10 (Fusina)

GE10 Fusina (ENEL)

baseload dry operation (11 MWe)

GE10 @100% H2 fuel was full load operated in 2009-10

• GTs experience in burning H 2 fuels started on IGCC applications

• NOx abatement through steam injection and/or SCR

• New Technology developments sponsored by DOE

• 1st GT running on 100% H2: GE10 turbogenerator at Enel Fusina plant

ZERO-CO2 EMISSION demonstrational plant (Fusina, Italy)

Confidential. Not to be copied, distributed, or reproduced without prior approval.

May 16, 2019 11

BHGE design experience on H2 fuel• 2006: Fr52E burner up to 14% H2, GRC test on Single cap

• Flame holding test with 80% H2

• 2010: GE10 gas turbine with 100% H2, Fusina plant, Italy

• 200 ppm NOx with steam injection

• GT packge 100% H2 proof;

• 2011: NovaLT5 combustor with 100% H2 in Niskayuna (US) combustion lab

• 2013: DACRS burner, 100% H2 in ENEL test rig

• 25 ppm NOx feasibility;

• Flashback low risk;

• 2018: NovaLT16 combustor up to 30% H2 blend on 25 ppm standard config.

GE10 Fusina (ENEL), baseload dry operation (11 MWe)

©2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved.

BHGE IGT H2 roadmap

Today - NovaLT16 is capable to:• Start up & Burn gas blends up to 30% H2, with expected NOx emissions well below 70 ppm;

• Switch from NG to gas blends up to 30% H2

By 2020 | 100% H2 wet combustion • NOx emission reduction strategy based on current burner

100% H2 DLN combustion

Power generation progressively shifting from fossil fuels to renewables … green

hydrogen … flexible power generation system … energy storage

©2019 Baker Hughes, a GE company, LLC (“BHGE”). All rights reserved.

Confidential. Not to be copied, distributed, or reproduced without prior approval.

May 16, 2019 13

The Nova family of gas turbines …… full coverage from 0 to 20 MW

(*) Generator Terminals

(**) Single shaft engine

PerformanceNovaLTTM5-1

IPG

NovaLTTM12

MD

NovaLTTM12

IPG

NovaLTTM16

MD

NovaLTTM16

IPG

Shaft Output 5.6 MWe (*) 12.6 MW 12.2MWe (*) 17.5 MW 16.9 MWe (*)

Efficiency @ full load 30.7% (*) 36.5% 35.2% (*) 37.5% 36.4% (*)

Efficiency @ 70% load 28.3% (*) 32.8% 31.5% (*) 33.1% 32.1% (*)

Shaft nominal speed (rpm) 16,630 (**) 8,900 7,800

DLN turndown 50% or better

NOx emissions 15 ppm

NovaLTTM12 NovaLTTM16NovaLTTM5

BHGE AM (Jan-19)

Confidential. Not to be copied, distributed, or reproduced without prior approval.

May 16, 2019 17

H2 POWER GENERATION | NovaLT PLATFORM

ANNULAR COMBUSTORFLAME STABILITY FOR 100% H2 OPERATION (incl. START-UP)

DUAL SHAFT CONFIGURATIONLOAD FLEXIBILITY WITH FAST RAMP-UP RATES

SUPPLY of 2 NovaLT16, OPERATING ON 100% H2 FOR PORT LINCOLN

Confidential. Not to be copied, distributed, or reproduced without prior approval.

A new energy ecosystem

RENEWABLES TO ELECTROLISIS PRODUCING NH3 STORING

& BURNING H2GENERATING & SELLING POWER

“…water will one day be employed as fuel, that hydrogen and oxygen which constitute it, used singly or together, will furnish an inexhaustible source of heat and light…” Jules Verne

HYDROGEN MOBILITY HYDROGEN POWER GENERATION

Thank you!