GE 2015 Annual Report Download - page 25

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ECOMAGINATION: DRIVING REAL-WORLD SOLUTIONS
TURNING CAPEX TO OPEX
GE helps its industrial customers transform capital expenditures into
operating expenditures with innovative financing solutions.
Develop technology and
techniques to increase
resource efficiency and
reduce emissions
More economical and
sustainable solutions
for Oil & Gas
OUTCOME FOCUS
Pilot energy-neutral
water treatment
including data
optimization in the UAE
Solution implemented
across the
Middle East
Develop & demonstrate
next-generation
efficiency, renewables
and digital solutions
Scaled solutions
for wider
commercial use
Create hybrid
cleaner energy
systems for
industrial use
Decreased
energy costs and
emissions
Incorporate
renewables,
efficiency and data
analytics
Lowered fuel costs
and emissions in
mining life cycle
Develop advanced
digital optimization
techniques for
manufacturing
Increased resource
productivity in
manufacturing
BUSINESS RESULTS ENVIRONMENTAL IMPACT1
Energy intensity$16B+$230B+
Revenue R&D All Down ~30%+
Greenhouse gases Water
’05–’15 ’05–’15
32%
REDUCTION
(FROM 2004
BASELINE)
31%
REDUCTION
(FROM 2004
BASELINE)
42%
REDUCTION
(FROM 2006
BASELINE)
Solutions
FINANCING
INNOVATIVE
INDUSTRIAL DEALS
GE’s agreement with Diamond
Offshore to buy back and maintain
blow-out preventers was made
possible with financing from
GE Energy Financial Services.
Using Predix, GE will
leverage the Industrial Internet
to limit customers’
unplanned downtime.
GE ENERGY FINANCIAL SERVICES
PROVIDES:
Financing to acquire Diamond Offshore assets
GE OIL & GAS PROVIDES:
• Maintenance
• Services
• Predictive analytics
• On-site personnel
Diamond Offshore payments to GE are variable
based upon equipment performance.
Expand and
finance industrial
and municipal
water reuse
Global adoption of
water-saving reuse
techniques
1. The reductions are from the baseline years through the end of 2014.
GE 2015 ANNUAL REPORT 23