Presentation at the US-Saudi Business Opportunities Forum (Dec 5-7, 2011, Atlanta, GA). Jim Suciu, President, Sales & Marketing, GE Energy presented "Nuclear and Renewable Energy: Building Resources for the Future," at the panel titled, "Nuclear and Renewable Energy: Building Resources for the Future."

1. GE Energy
Nuclear and Renewable Energy:
Building Resources for the Future
Jim Suciu
President, Sales & Marketing
GE Energy
December 7, 2011
Atlanta, GA

2. Three-speed world continues ...
Average global growth for 2012-13 is 4.5% per year
Slow growth Moderate growth High flyers
13 countries, $10 T GDP* 114 countries, $43 T GDP 61 countries, $23 T GDP
(1.3% avg. GDP growth) (2.7% avg. GDP growth) (7.5% avg. GDP growth)
Highlights
Central & East • GDP is expected to
Canada & West Europe grow about $6.4 trillion
1.6% Europe [CEE] 4.3%
USA = 2.7% between 2011 & 2013
• The High flyers will
account for ~$3.3 t or
Asia and 52% of the increase
Pacific • Western Europe is the
Africa = 6.7% slowest growing region
Latin an will account for
5.6%
America about 7% of the
increase in global GDP
4.5%
Middle East
4.5% Sources: Oxford Economics, September 2011,
and GE Energy GSP
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© 2011 General Electric Company

3. Energy growth in Saudi Arabia
Electricity demand #22 Peak demand
 3X World GDP  7%
By 2032 ranking annually
Opportunity for energy diversification ...
Renewables, Nuclear, Smart Grid Source: GE Energy Marketing;
Saudi Electricity Co., 2011
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© 2011 General Electric Company

4. Renewables

5. Future trend … next decade
Renewable energy growth rate outshines all others 2011-2020
growth (%)
CAGR (%)
Global output Growth in global energy use
375%
46% 300% 30%
4.3% 12%
14% 26% 36%
1.5% 2.6% 3.5%
GDP Oil Natural Coal Wind Solar
2011 … $70.0 trillion
gas
Notes & Sources:
2020 … $102.5 trillion • GDP in constant 2005 $ PPP, Oxford Economics
• Oil in barrels per day, FuelCOE base case forecast
• Natural Gas in cubic meters, FuelCOE base case forecast
• Coal in tonnes of oil equivalent, FuelCOE base case forecast
• Wind forecast from internal GE Energy estimate.
• Solar forecast from GTM Research
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• Solar estimates range from 2011 to 2015
© 2011 General Electric Company

6. Rapid LCOE drop drives solar into
mainstream Differentiated
$0.50
20 19GW large scale solar
Unsubsidized
18 $0.40 Thin film panels
LCOE
16GW 0.42
$/kWh
16 Record efficiencies … superior
energy capture
14 0.32
12 Power electronics
$0.20 Reliable, 17,000+ running in
10 0.22
wind … smarter grid integration
8 $0.11
0.12 Solar power plant
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Industry
Scalable 1MW blocks … low
installs ITC
4
GW
0.02 system cost, faster installation
$0.08 Competitive
2 1GW LCOE
0.2GW
0 -0.08
2000 2005 2010 2015
Source: GE Marketing, EER, Navigant Consulting & Bloomberg
GE bringing differentiated technology and scale to solar
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© 2011 General Electric Company

7. GE wind product advancements
U.S. homes powered
per turbine
Wind speed = 7.5 m/s 1.6-100
2011 • Best in class efficiency
700 • “Game changing”
capacity factor
55 • 2GW+ deals
Gross Capacity Factor (%)
(since May „11 launch)
1.6-100
2.75-103
45 1.5-82
• Land constrained solution
2005
1.5-77 • Energy production 30%+
420
1.5-70 • World‟s largest farms:
35 Oregon: 845MW
4 5 6 7 8 9 Romania: 600MW
Energy Output (GWhrs)
Differentiated performance … high return business model
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Source: GE Marketing, U.S. DOE EIA stats © 2011 General Electric Company

8. World‟s first Integrated Renewables
Combined Cycle power plant
MetCap Energy Investments selected GE to design the plant from a total equipment and
controls perspective. Using breakthrough FlexEfficiency* technology, GE engineers have
seamlessly integrated a next-generation 50 Hz 9FB gas turbine, a steam turbine, a generator,
22 MW of GE wind turbines and 50 MW of eSolar concentrated solar thermal tower technology
… all integrated by a GE Mark* Vle plant control system.
The power plant is expected to reach 69% plant efficiency
and power more than 600,000 homes in Karaman, Turkey
© 2011 General Electric Company

9. Nuclear energy
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© 2011 General Electric Company

10. GE Hitachi Nuclear
A joint venture between GE and Hitachi, with the
majority owned by GE … GE Hitachi Nuclear employs
more than 3,000 of the world‟s foremost nuclear
engineers, scientists and technical experts in the
field of nuclear technology
• Built the first commercial nuclear reactor in the 1950s
• One of the world‟s foremost authority in boiling water
reactors
• Specializes in new plant construction, servicing existing
plants and providing clean energy fuel to customers
• September, 2011 unveiled its newest nuclear reactor,
the Economically Simple Boiling Water Reactor (ESBWR) …
this new technology incorporates Passive Safety Systems
allowing the reactor to cool itself with no power or
intervention from workers for more than seven days
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© 2011 General Electric Company

11. GE Hitachi Nuclear is currently constructing
two Advanced Boiling Water Reactor units in
Lungmen, Taiwan.
These units, when fully operational, will
produce 1,350 MW each.
Representing the largest BWR Generation III
project in the world … it will bring much needed
electricity to the grid of this growing nation.
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© 2011 General Electric Company

12. Smart Grid
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© 2011 General Electric Company

13. A foundation for flexibility
The integration of two infrastructures
Information infrastructure
Electrical infrastructure
• Embracing
renewables
• Managing
peak demand
• Driving
increased
efficiencies
• Reducing CO2
emissions
Electrical infrastructure
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© 2011 General Electric Company

14. GE Energy Manufacturing Technology
Center – Dammam, Saudi Arabia

15. Energy‟s commitment to Saudi
Continuing to be the Kingdom‟s energy technology partner of choice
Fostering next generation talent and increased job creation
• Employing 800 people in the Kingdom and with its newest facility, the GE Energy
Manufacturing Technology Center, will support 2,000 jobs, of which 65% will be Saudis
• Supporting localized training … recently 29 Saudi Aramco engineers graduated from the
first training program hosted by Riyadh refinery and GE Oil & Gas university
• Operating six GE technology centers in the Kingdom
• Strengthening a four-tier GE-SEC relationship
• Partnering with SEC for the first GE-SEC technology summit
Advancing water reuse in Saudi
• “Water Reuse Summit” and MOU with Miahona
• Supporting Saudi‟s goal for sustainable
water supply and wastewater
management requirements
GE has invested ~$300 million over the last 3 years in the Kingdom
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© 2011 General Electric Company