General Electric : The GE Brief – November 10, 2017

[Attachment][Attachment]'For them, knowing how much power they will be receiving in advance is a huge advantage.'

- Steve Hunter, executive, GE Energy Financial Services

1. CATCHING COLD WIND

Sixty miles south of the Arctic Circle, in a vast Swedish forest where reindeer roam, GE engineers are preparing to build 179 giant turbines for what will be the largest wind farm in Europe.

The Markbygden farm is the latest major wind deal for GE, which is spinning up similar large projects inSpainandOklahoma. The Swedish agreement is notable for two reasons: a guarantee to produce 1.65 terawattsof the famously unpredictable wind energy per year, and the sciencethat makes that guarantee possible.

The GE team analyzed 960 scenariosfor the wind farm, taking into account weather and power price data, plus the impact of devices that work like 'big hair dryers'to remove ice buildup from the turbine blades to keep them whirling at a normal clip.

That's what we call doing abrisk trade.

2. NIGHT OUT AT THE MUSEUM[Attachment]

Doctors in Madrid recently saw four mysterious walk-in patients. Three of them were mummies from ancient Egypt and one from the Canary Islands.They were brought in by archeologists keen on using a CT scanner to crack the enigma of their origins.

They came to the right place. Using images from the GE scanners, the doctors identified the mummies' approximate age, sex and height. The scans were so detailed that they found 25 hidden pieces of adornments and amulets under the bandages of one mummy, who turned out to be a high priest.

Researchers have been using GE CT and X-ray machines to virtually unwrap mummies for nearly 80 years, even oncespotting a fake. Find out morehere.

3. SPOTLIGHT: PAT BERGIN

[Attachment]In the winter of 1994, Pat Bergin found himself in the back of a Russian-style army jeep, riding six hours across frozen mountains after an aviation deal with a former Soviet minister went south. Discomfort aside, it was all in a day's work for Bergin, who has watched GE Capital Aviation Servicesgrow from a small aircraft leasing business to the owner of one of the largest commercial fleets in the worldin just a few decades.

Having grown up on a small farm in Ireland, Bergin was used to learning 'by the seat of your pants.' A week after he became a program manager of Aer Lingus, for instance, he was on the ground in Singapore buying an engine.

Today, Bergin is a senior executive in a GECAS unit, which converts jets to cargo freighters. Bergin stays connected with the remote places he loves: He's currently supporting a school in Zambia. Read more.

4. CLIMATE INVESTORS[Attachment]

Money may or may not make the world go 'round, but it could keep it cooler.

That's the takeaway from arecent reportfrom the International Finance Corporation, which says that if governments work with businessesto foster renewable energy as an alternative to fossil fuels, it could move the needle on climate change. For instance, when the IFC provided $653 million in debt financing to fund the construction of 13 solar plants in Egypt, it gave local residents a path to lower electricity costs, less air pollution from coal-fired plants, and reduced carbon dioxide emissions.

More energy-efficient buildings and public transportation projects are also potential investments.

ASK GE

Thomas asks,

What does coal-based power generators need to do to reduce emission problems?

Answer:

Coal-power producers must embrace the best available technology to minimize environmental impact. For example, we compress the steam inside our new turbines called SteamH to around 4,000 pounds per square inch. At these pressures, we can help customers achieve power plant efficiency approaching 50%, up 15% from the global average. Every 1% point in efficiency equals 2% points less CO2. When we combine this technology with air quality controls solutions, we can address local pollutants like NOx, SOx and particulates.

- Amir Mujezinovic, product leader, GE Steam Power Systems

Quote:GE Reports.Images:GE Renewable Energy, RTVE,Pat Bergin, Getty/The Guardian.