Energy Transition Market Growth slide image

Energy Transition Market Growth

From point of generation to point of consumption GE VERNOVA'S ELECTRIFICATION FOCUS # Growth drivers • • EGE VERNOVA Energy transition and security Decarbonize end-uses Integrate renewables . National security asset POWER GRIDS POWER-TO-X Grid stability and flexibility TRANSMISSION DISTRIBUTION CONVERSION High voltage systems & equipment Medium/Low voltage equipment Electrical Mechanical Thermal Chemical STORAGE ORCHESTRATION Grid software . |-+ • • Reduce voltage instability/ congestion Connect distributed energy resources Modernize aging infrastructure Increasing electricity demand Expanded development needs Digitization GE Vernova leading across the electrification value chain © 2024 GE Vernova and/or its affiliates. All rights reserved. 47
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