Energy Transition Market Growth slide image

Energy Transition Market Growth

Leading with quality in Onshore Driving workhorse reliability 2.8MW-127m first-year availability 98% 96% 2021 2023 • • Daily management rigor delivering ~2pts of higher availability Lean problem solving ... ~60% faster resolution Implementing key learnings into existing models every year GE GE VERNOVA Innovating for enhanced quality at scale • Design: increase key component strength to extend useful life • Validation: system & subsystem level testing & underwriting Manufacturing: Al-driven inspection & certification • Projects & services: targeting minimum 98% availability at launch Availability matters ... +2pts = ~6% of the turbine price Raising the bar on all product launches Continuous improvement on quality... delivering with innovation © 2024 GE Vernova and/or its affiliates. All rights reserved. 37
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