Energy & Electricity Opportunities –
Saudi Arabia
The General Electric Company
Pamela Venzke
Managing Director, Global Gov...
© 2013 General Electric Company
• 8 businesses operating in more than 100 countries … 125+ years
• >300,000 employees worl...
© 2013 General Electric Company
GE Power & Water
Wind
Renewables
Water & Process Technologies
Thermal
Solar Nuclear
Power ...
© 2013 General Electric Company
~ 1,000
people
>500
GT & ST
>22 GW IB
Knowledge
Sharing
Partnering
• Fuel flexibility R&D ...
Innovative and localized
solutions that allow GE
to partner with customers
in regional growth
Growth
Proven world class te...
Energy & Electricity Opportunities –
Saudi Arabia
The General Electric Company
Pamela Venzke
Managing Director, Global Gov...
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USSaudiForum - Panel 13 - Pamela Venzke - Opportunities in Electricity and Energy

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The 3rd US-Saudi Business Opportunities Forum was held Sep 16-18, 2013, bringing together officials, business people, educators and specialists highlighting the U.S.-Saudi trade relationship and how U.S. companies can participate in Saudi Arabia's expansion.

Saudi Arabia is undergoing an extraordinary economic boom. Massive public investment, rapid private-sector growth and new sector initiatives are driving an expansion projected to offer more than $1 trillion in trade and investment opportunities over the next decade.

This panel of distinguished experts highlighted the opportunities in electricity and energy.

Published in: Business, Technology
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USSaudiForum - Panel 13 - Pamela Venzke - Opportunities in Electricity and Energy

  1. 1. Energy & Electricity Opportunities – Saudi Arabia The General Electric Company Pamela Venzke Managing Director, Global Government Affairs – Power & Water September 18, 2013
  2. 2. © 2013 General Electric Company • 8 businesses operating in more than 100 countries … 125+ years • >300,000 employees worldwide • 2012 revenue ~$147B The General Electric Company Power & Water $28B GE Capital $46B • Commercial • Consumer • Real Estate • GECAS • EFS • Appliances • Lighting Healthcare $18B Aviation $20B Transportation $6B • Commercial • Military • Service • Avionics/ Systems • Healthcare Systems • Life Sciences • Healthcare IT • Molecular Diagnostics • Locomotives • Services • Propulsion Systems 2012 ~Rev . • Thermal • PG Services • Renewables • Water • Distributed Power • Nuclear Home & Business Solutions $8B Oil & Gas $15B • Drilling & Surface • Global Services • Measurement & Control • PII Pipeline Solutions • Subsea Systems • Turbomachinery • Digital Energy • Power Conversion • Industrial Systems • Intelligent Platforms Energy Management $7B
  3. 3. © 2013 General Electric Company GE Power & Water Wind Renewables Water & Process Technologies Thermal Solar Nuclear Power Gen Services Gas Engines Aero Cleaner Energy for Future Generations Distributed Power
  4. 4. © 2013 General Electric Company ~ 1,000 people >500 GT & ST >22 GW IB Knowledge Sharing Partnering • Fuel flexibility R&D KFUPM & ARAMCO • Repair Development Center • CPA agreement with ARAMCO • MOU with Miahona for water reuse • Co-ops with universities and colleges: KFUPM, KAUST, Al Hasa and Dammam Colleges of Technology • TVTC agreement; ~100 students/year • Scholarships: KFUPM students Tailored Solutions • >500 turbines, ~12GW in the last 3 years • 180 million liters of clean water per day • Marafiq: world’s largest IWPP • GET Water partnership: >60 mobile units • Water Reuse solution IMC, Jeddah, 250 m3/day GE’s energy presence in Saudi Arabia Investment >$300M Investment: 6 facilities • Energy Manufacturing Technology Center • Heat Exchange Manufacturing Facility • Pressure Control Manufacturing Facility • Water & Process Technology Center • Sensing Solutions Company • NDT Facility 5 offices 6 facilities
  5. 5. Innovative and localized solutions that allow GE to partner with customers in regional growth Growth Proven world class technology that provides diverse, efficient and reliable solutions whilst helping customers meet increased environmental challenges Technology Fulfillment and service capabilities that provide customer satisfaction Localization © 2010 General Electric Company. Our commitment to the Kingdom Investing together for a sustainable future
  6. 6. Energy & Electricity Opportunities – Saudi Arabia The General Electric Company Pamela Venzke Managing Director, Global Government Affairs– Power & Water September 18, 2013
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