Our world is at a profound energy crossroads. After 200 years of economic growth powered by fossil fuels, man-made climate change is now one of the greatest threats to the earth’s ecosystem. Greenhouse gases such as carbon dioxide (CO2) emissions are the main culprit, and their largest source—at 42%—is the power sector, creating the demand for energy system decarbonization.


To change course, the world must act quickly to decarbonize every aspect of modern life, from transportation to power. This requires a massive, global effort that necessitates cooperation and coordination from every major institution, including governments and companies, to help face into the challenge.

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WHITEPAPER

The world is at a critical inflection point- here's why.

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Low Carbon Energy Solutions

GE Power knows that the power sector can provide an example for the rest of the world. We believe that low-carbon technologies, such as renewable energy and digitalization, can contribute to the decarbonization of energy at scale. However, even though these options are decarbonizing the grid, they are not enough by themselves to keep the world below the 2°C limit of average global temperature increase specified by international climate scientists and codified in the global Paris Agreement.

The world must also switch from high-carbon fuels like coal and oil to low carbon-non renewable energy options like natural gas. Indeed, natural gas has the lowest carbon content of the primary fossil fuels used in power generation, and highly efficient gas turbines provide the flexibility required to successfully operate global power networks that are increasingly supplemented by variable energy resources such as wind and solar.

Our position on decarbonization takes into account the inherent “trilemma” facing every country when it comes to power: simultaneously balancing affordability, reliability, and sustainability.

 

42%

of total GHGs
come from the power sector


Depending on the level of economic development in each country, the solution to the trilemma looks different. GE's portfolio offers customized technology that supports decarbonization across a mix of energy sources. Our world-record-holding high efficiency gas turbines, our cross-fleet services and advanced gas path (AGP) upgrades, our modular and scalable energy storage solutions, our grid and inverter solutions for renewable integration, our broader portfolio of non-carbon emitting nuclear, wind and hydro power, and our software all make energy system decarbonization possible and easier.

Reimagining our electricity future

Discover how GE is co-creating the future of energy with customers around the world

The world is transitioning from an electricity system based primarily upon large, centralized generation, transmission and distribution (T&D) technologies, to one that also embraces distributed, digitally-enhanced, and low-carbon technologies. Traditional and emerging, physical and digital, large and small, are all converging to create a new twenty-first century power network. GE is leading this transformation and co-creating the future of energy with our customers across the globe.

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