why green is green scott starr ge energy june 19, 2008
TRANSCRIPT
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•1B+ people without water access
•Known oil reserves being depleted
•Kyoto Protocol Phase I in place
Scarcity
Regulation
Security
The world faces big challenges…
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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
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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
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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
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Solar
Solution• 2 New Jersey stores –
750KW total• PPA with PPL
Corporation
Impact• 15% peak energy
needs• 640 metric tons CO2
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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
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Reduce emissions
5,000 projects• 600k tons identified• ~$97MM energy savings
Shareholders• Cost • Risk
Solutions and showcases
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2004 2006 2008 2010 2012
Original growth estimateBaseline emissions
Line of Sight to 1% Goal
CO2 Production
~$70MM ’06 energy savings
~30%
Mill
ion
s of
Ton
s
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Lighting Showcase
40 Lighting upgrades to date…
Operating Impact • $3.4MM Annual Savings, 2yr payback
Environmental Impact•40,000 tons CO2 avoided
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• 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
•8,500+ 1.5MW installed globally
•PrimeStar Solar thin film technology investment
Building world’s largest renewables business
GE Company Proprietary
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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
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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