Why green is green Scott Starr GE Energy June 19, 2008.

Why green is green

Scott StarrGE Energy June 19, 2008

2008

2030

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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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Grow revenues to $20B

Double R&D to $1.5B

Reduce GHG

Inform public

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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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Customer activations

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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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12

14

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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

Business & consumer solutions

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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