Transcript Document

Enabling sustainable growth
Eszter Szabó
GE
Corporate Communications and
Public Affairs Leader
Central and Eastern Europe (CEE)
GE and CEE - a mutual opportunity
GE - From jet engines to power generation, financial services to plastics,
and medical imaging to news and information, 300,000 GE people in over
100 countries worldwide are dedicated to turning imaginative ideas into
leading products and services that help solve some of the world's toughest
problems while generating revenues of $163 billion (’06).
GE is present in CEE as an investor, customer and supplier with 25,000
employees.
Challenge for CEE: How to develop an eco friendly, cutting edge
infratstucture for a leapfrog effect?
GE, one of the world’s leading infrastructure providers offers
a market driven, technology enabled opportunity
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Pressure on GE customers
Public
Opinion
Increasing
Population
Emerging
Markets Growth
Climate Change
Debate
Customer
Emissions
Standards
Carbon
Constraints
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Grow revenues to $20B
Double R&D to $1.5B
Reduce GHG
Inform public
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A breadth and depth of solutions
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45+ certified ecomagination solutions
Energy
•IGCC, Solar, Biogas, Wind, Gas turbines
Water
•Reuse, Desalination, Industrial, Cooling
Transportation
•Aviation, Rail, Automotive, Marine, Fleet
Industrial
•Lighting, Appliance, Motor, Finance
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ecomagination … customer value
Significantly and measurably improving
Operating
performance
+
Environmental
performance
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ecomagination … customer value
Company
to
Company
Company
to
Country
Enterprise
Solutions
Technology
Development
Marketing &
Best Practices
Infrastructure
Development
China
Local
Commitment
India
Training &
Education
UAE
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ecomagination value to companies
“The GEnx has improved fuel efficiency per seat or per
ton mile by about 15%. That’s 15% less fuel burned and
15% less emissions. It’s a tremendous advance.”
ecomagination value to countries
“Rural Electrification projects can be a catalyst in helping
India meet almost 50% of our rural electrification needs
by using renewable energy. We are excited to have GE
associated with these initiatives through its world class
technology and innovative solutions”
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ecomagination value to Poland/EU
IGCC Cleaner Coal - GE Infrastructure, Energy
Using an Integrated Gas Combined Cycle, GE
converts coal into a gas that can be burned in a gas
turbine while CO2 is captured.
Opportunity identified at region’s first
Stakeholder Dialogue event organized
by GE, REC and AmCham Poland in ‘06.
GE IGCC Technology Center announced
in Warsaw ’06.
Potential in EU 12 projects – Poland to
be the first?
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GE - Energy Financial Services
Critical enablement tool
One of industry’s biggest renewable
portfolios: ~$1B
• $10B to $12B in assets
~$1B renewable portfolio
Geothermal
(7%)
Hydro
(15%)
• 300 energy experts
• AAA rating
Solar (11%)
Wind
(46%)
Biomass
(21%)
• Serving customers from
“wellhead to wall socket”
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GE - Energy Financial Services
European renewable project examples
Alsleben Wind Farm - Germany
Serpa Solar Plant - Portugal
37 GE 1.5MW turbines
Annually produced power: 30,000 homes
Annual GHG saving: 100,000 tons
The world's largest solar photovoltaic power project
$75,000,000
The Krusemark wind farm - Germany
8 GE 1.5MW turbines
Annually produced power: 10,000 homes
Annual GHG saving: 35,000 tons
11MW solar power plant, comprising 52,000 photovoltaic
modules on 150 acres—which will remain productive
farmland.
Annually produced power: 8,000 homes
Annual GHG saving: 30,000 tons
REpower Systems and Denker & Wulf – Germany
EUR 135,500,000
66 REpower 1.5MW MD turbines, a total electricity
production of 99MW
Annually produced power: 60,000 homes
Annual GHG saving: 200,000 tons
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GE as a partner in Hungary
Apple of Our Eyes – school illumination project
Government initiated project to provide
assistance to maintainers of centrally
funded institutions of public education in
upgrading the lighting and heating
systems of the social, cultural, educational,
health care, public administration or sports
facilities.
Program puts no financial burdens on
government, schools or partners:
Complex service provided by a single
partner: no need for public procurement
process, initial investment or loan from
participating institutions.
Financial solution allows the lease fee to be
covered from saving on earlier heating and
electricity expenses.
Participating manufacturers (GE Hungary
Zrt, Viessman Kft) provide extended
guarantees on products installed.
Maintainers of the institutions will operate the
new equipment under lease agreements.
When the lease period expires, the equipment
may be transferred to the maintainers for a
symbolic sum.
Project credit line: 50 Bn HUF (for 5 years)
provided by OTP Bank Nyrt., against the
guarantee of International Finance Corporation
(IFC), a member of the World Bank Group.
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