Hybrid Solutions Brochure

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GE Ventures
A T A G L A N C E
• Invest up to $200 million per
year as equity in early stage
private companies from seed
to growth
• Over 90 companies in the
investment portfolio
• Venture investment sweet
spot: $3–5 million with
opportunities for follow-ons
as companies grow
• Actively license GE IP to
partners who can use
it in innovative ways
to accelerate their own
technology development
and create differentiated
offerings
H OW W E WO R K
• Investing: We invest and
partnerwith startups to
accelerate growth and
commercialize innovative
ideas in strategic areas for GE.
• New Business Creation:
We create and build new
businesses that develop
innovative solutions and
business models.
• Licensing and IP
Development: We provide
our partners with access
to GE’s vast technologies
for them to use in
innovative ways, helping
them accelerate their own
technology development
and differentiating them in
the marketplace.
• Industry & Community
Transformation: We help
foster innovation for major
health challenges
• NewMarket Development:
We partner with leading
external luminaries to define
and drive the next wave
of scientific and technical
breakthroughs
S E R V I N G G E ’ S
C U S T O M E R S
Operating at the cutting
edge of innovation and new
business formation, GE
Ventures brings the future of
industries to our customers
when they need it most—
right away. We build bridges
between the disruptive
companies operating at the
edge of innovation and the
existing ecosystems where
GE’s domain expertise and
physical equipment play a
major role. As digital integrates
deeper into industrial, our
portfolio of 90+ companies
across the globe is helping
blaze the trail and accelerate
the transition.
L O C A T I O N S
GE Ventures Headquarters
are in Silicon Valley with
offices in Boston, Niskayuna,
Washington, D.C., Chicago,
Houston, Shanghai, and Israel.
$3–5M
investment
sweet spot
90+
companies
in our investment
portfolio
$200M
invested
per year
A CATALYST TO GE’S GOAL OF MAKING THEWORLDWORK
BETTER, AND AN INNOVATION ENGINEWITHIN GE.
GE Ventures finds the best ideas that emerge from the latest research, invests in
promising start-ups, commercializes GE’s IP, and creates its own businesses. The
GE Ventures team includes investors, licensees, entrepreneurs and industry experts.
FOR NEARLY A CENTURY, A CORE GROUP OF LEADING
GE TECHNICAL AND BUSINESS EXPERTS HAVE FOCUSED
THEIR ENERGIES ON SOLVING THE ELECTRIC POWER
INDUSTRY’S MOST PRESSING CHALLENGES—DRIVING
THE EVOLUTION OF ELECTRIC POWER SYSTEMSWITH
GREATER AFFORDABILITY, RELIABILITY, AND EFFICIENCY
BY PROVIDING TECHNO-ECONOMIC SOLUTIONS.
Today, GE’s Energy Consulting
team continues this tradition by
providing innovative solutions
across the entire spectrum of
power generation, delivery,
and utilization. With our cross-
company resources, GE’s Energy
Consulting business is able to
serve a diverse global client base
with a strong local presence.
P S E C P R O G R A M
O V E R V I E W
The Power System and Energy
Course (PSEC) is GE’s highly
regarded energy education
program. With a 67-year history
and over 1,800 graduates
worldwide, PSEC is designed
to enhance the skills and
knowledge considered essential
for power system engineers
and other energy professionals.
PSEC courses provide valuable
insights about industry trends,
best practices, and the latest
technologies.
The professional experts at
GE Energy Consulting are
considered to be among the
best practical engineers in the
world, understanding customer
problems, having proven real-
world expertise in a wide range
of technologies—from power
systems planning and energy
economics to power markets
and emerging generation
solutions—including renewables,
storage and hybrid systems.
This program enhances learning
through the use of the latest
industry software and includes
tours of GE’s research centers,
manufacturing facilities, and
other industry businesses.
S O F T WA R E P R O D U C T S
Focused on the planning,
design, and operation of
interconnected power systems.
MAPS*
• Evaluates power system
economics and impact
of congestion
• Provides locational prices,
unit schedules, line
flows, emissions
• Used in high wind
penetration and standard
market design studies
• Supports GE’s multi-
billion dollar energy
investment portfolio
PSLF*
• Simulates physical
behavior of the grid and
connected equipment
• Provides voltages and line
flows, system dynamic behavior
• Extensively used to study
2003 Northeast US blackout
• Mechanism for ensuring that
equipment is properly modeled
MARS*
• Assesses reliability of supply
in meeting energy demand
• Provides of load
expectation (LOLE) and
other reliability indices
• Applied for regional reliability
and reserve margin studies
• In use at most ISO’s in the US
*Trademark of the General Electric
Company.
SYSTEMS ENGINEERS SOLVING CHALLENGES THAT DELIVER CUSTOMER VALUE
Services:
POWER
ECONOMICS
• Power systems strategy
• Energy financial analytics
POWER SYSTEMS
OPERATIONS & PLANNING
• Transmission and
distribution studies
• Equipment applications
GLOBAL
POWER PROJECTS
• Thermal
• Renewables, controls
and protection
Value
Outcome:
PROFITABLE and
SUSTAINABLE
investment strategy
COMPLIANT and
RELIABLE from concept
to engineered design
PROJECT
LIFE-CYCLE
testing and compliance
GE Energy Consulting
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