ge- goldman sachs fourth annual alternative energy conference

"Results are preliminary and unaudited. This document contains “forward-looking statements”- that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” believe,”“seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: the severity and duration of current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; the impact of U.S. and foreign government programs to restore liquidity and stimulate national and global economies; the impact of conditions in the financial and credit markets on the availability and cost of GE Capital’s funding and on our ability to reduce GE Capital’s asset levels and commercial paper exposure as planned; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so; the soundness of other financial institutions with which GE Capital does business; the adequacy of our cash flow and earnings and other conditions which may affect our ability to maintain our quarterly dividend at the current level; the level of demand and financial performance of the major industries we serve, including, without limitation, air and rail transportation, energy generation, network television, real estate and healthcare; the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks; strategic actions, including acquisitions and dispositions and our success in integrating acquired businesses; and numerous other matters of national, regional and global scale, including those of a political, economic, business and competitive nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.”

“In this document, “GE” refers to the Industrial businesses of the Company including GECS on an equity basis. “GE (ex. GECS)” and/or “Industrial” refer to GE excluding Financial Services.”

Goldman SachsSteve FludderMay 21, 2009

2 / / February 2009

Agenda

• Why ecomagination?

• What is it?

• Our Progress

• Driving Innovation

3 / / February 2009

The Challenge

CO2 emissions ↓ 50%

Decoupling needed

Technology is key

0

10

20

30

40

50

60

IEA Reference Scenario

50% reduction path

1990 2000 2010 2020 2030 2040 2050

Global Energy Related Emissions (Gt CO2/ yr)

2005

4 / / February 2009

d

The Opportunity

0

10

20

30

40

50

60

2005

1990 2000 2010 2020 2030 2040 2050

Carbon Capture& Sequestration1

Nuclear1

Renewables & Biofuels1

Energy Efficiency1

14%

9%

23%

54%

Global Energy Related Emissions (Gt CO2/ yr)

1. Source: International Energy Agency – World Energy Outlook 2008

IEA Reference Scenario

50% reduction path

5 / / February 2009

Business Strategy

Driving Innovation and Growth of

Profitable Environmental Solutions

6 / / February 2009

1. Grow revenues to $25B

2. Double R&D to $1.5B

3. Reduce GHG 1% absolute

4. Reduce water 20% absolute

5. Inform & Engage public… Transparency & Leadership

by 2010

by 2012

ongoing

Reducing our own footprint

↓ $6.5MM, 59k tons CO2

Lighting @ 46 plants

• > $100 MM savings

• 5,000+ projects6.5 6.75 7 7.25 7.5 7.75

'07

'04 GHG Emissions (MM MT / yr)

20 30 40 50 60 70

'07

'04 GHG Intensity (MT / $MM Rev)

250 300 350 400 450 500 550

'07

'04 Energy Intensity (MM Btu / $MM Rev)

7.5 8 8.5 9 9.5 10

'07

'06 Fresh Water Use (Billion Gallons)

’12 Commitment

8 / / February 2009

Revenues ($B)

Innovative technologies…now

'05 '06 '07 '08

1012

14

17

…

’10goal

25

• 80 certified products

• Across the company

20% CAGR

Energy Infrastructure: $10.5B

Consumer & Industrial: $1.9B

Capital: $9MM

Technology Infrastructure: $5.1B

9 / / February 2009

Carbon Capture& Sequestration

Nuclear

Renewables & Biofuels

Energy Efficiency

1. Source: International Energy Agency – World Energy Outlook 2008

d

14%

9%

23%

54%

Wind

Thin FilmSolar

Carbon Capture

Energy Storage

Hybrid evo

OLEDs

GEnx

Advanced Desalination

Innovative technologies…for tomorrow

Carbon Reduction Scenario1

WasteHeat

Recovery

IGCC

$1.5B/Yr

14%

9%

23%

54%

Energy Smart Miami• $200M smart grid initiative

• Proposal for economic stimulus funds

• Estimate for 800-1,000 “green collar” jobs

• Public/private alliance� GE� City of Miami� FPL� Cisco� Silver Spring Networks

• ~1M Customers involved� Smart Meters� Demand Management� Distribution Automation � Substation Intelligence� Distributed Generation� Enterprise Systems

“It’s time for action. With projects like Energy Smart Miami, we can stimulate the economy today and build a brighter, cleaner tomorrow. It’s truly a win-win for Miami and for America.” Carol Browner

Assistant to the President for Energy and Climate Change

11 / / February 2009

Locomotives

.

Up to 40% less NOx

3% fuel efficiency gain

12 cylinders / 4,400hp

�� less NOx

�� fuel efficiency

Batteries = 2,000hp equivalent

Evolution Platform

3,000+ Delivered

Hybrid Evolution

Innovation: 2010+

Evolution ES44C4

Innovation: 2009

Up to 70% less NOx

Up to 17% fuel savings

New AC Motor Technology

Battery Technology Manufacturing• $100M battery technology investment to accelerate technology deployment

• Estimate for 350 manufacturing jobs + supply chain

• High Energy Sodium Batteries

� Hybrid Locomotive - 2010

� Mining – Off highway vehicles

� Utilities – storage & smart grid leveling

• Compliments GE investiment in A123

� Lithium ion technology

� Plug-in electric passenger cars

“Hybrid locomotives, and the battery technology on bard, could be an important part of how we ship goods by rail in the future….and further enhance rails reputation…” Matthew K. Rose

President & CEO, Burlington Northern Santa Fee Corporation


Product evolution

• 2.5 MW program initiation in 2003

• First 2.5 MW unit installed in 2004

• One million operating hours on 2.5/2.3 MW fleet

• First 2.5xl technology demonstrator installed July 2006

• First full production 2.5xl unit installed October 2007

• 2.5xl serial production commenced August 2008

2.5MW… The next evolution


Grid Operability 50/60hz Reliability

2.5MW … The next industry workhorse

$160MM

47

97

100

‘07

39Cap Fact. (%)

_Customer Value ($MM/GW)

90Reliability (%)

88Rotor Size (m)

‘04GE 2.5 MW

Pitch ControlAvailability & loads

Gearbox & Drivetrain

Reliability & efficiency

Blades

Utilizing GE Technology

Increasing wind capture

100m class II/III

+7 Pts

+8 Pts

Fleet size ~200MW ~1GW (’10)

85 m

100 m

Creating the next industry workhorse

Logistics differentiation

Power Electronics


GEnx aircraft engine … entering service in 2010

Pound for pound, GE’s most fuel efficient and lowest emissions jet engine

Boeing 787 vs 767:

• 30% quieter*

• 15% more fuel efficient*and 15% lower CO2*

• 3x NOx margin to regulations

• 35% longer time on wing*

*compared to GE engine it replaces


LEDs … Transforming Lighting

•> 40% less energy

•10+ yr service life

•RoHS compliant, no Hg

Features

Professional Systems

Parking Lot &Roadway

Replacement Lamps

Cove

•Up to 80% less energy

•50,000 hr service life

•RoHS compliant, no Hg

Features

•Up to 75% less energy

•20,000 hr life

•RoHs compliant, no Hg

Features

> 80% less energy

•25,000 hr life

•RoHs compliant, no Hg

Features

PAR20 / R63

Innovation A-line


Development Stage

Proof of Concept

Pilot Stage

Early Sales

Growth Stage

GE Energy Financial Services – VC / Growth Portfolio*

*Excludes 1 undisclosed

investment

Transportation

Oil & Gas

Energy Storage

Renewables

Energy Efficiency & Smart Grid


Southwest Windpower

Market Projections for Small WindApplications

•World’s largest producer of small wind generators

•130,000 units

•Compact, all-inclusive wind generator (controls and inverter built in)

•Designed to provide cleaner electricity at low wind levels

•Designed for long life, with five year limited warranty

•Skystream product rated at 2.4 kW

Off-Grid Applications•Rural villages, remote homes & cabins• Telecom towers & utility poles• Island electrification• Sailboats•Water pumping

Grid-Tie Applications•Utility-connected homes•Commercial & retail• Street / parking lot light retrofits•Corporate / commercial GHG reduction

$0

$200

$400

$600

$800

$1,000

$1,200

2007 2008 2009 2010 2011 2012

($M

M)

Upside Case

Base Case

40% CAGR

83% CAGR

Source: AWEA Small Wind Study 2007, PV Solar Growth Reports, small wind historical sales data

19 / Title or job number / February 2009

Please visit ecomagination.com

ge- goldman sachs fourth annual alternative energy conference

Investor Relations