Abstract :
General Electric (GE) Co., is now focused on alternative energy resources as it has begun manufacturing wind turbines and photovoltaics, invested in hydrogen fuel cells, and become a leader in the development of gasification equipment that could double the efficiency of coal-fired power plants and even capture their greenhouse gases. The company launched the ecomagination initiative, described as a growth strategy driven by the belief that applying technology to solving problems is good business. By focusing on wind, solar energy, and advanced coal technologies, GE plans to become a major force for environmental innovation.
Keywords :
electricity supply industry; energy conservation; environmental management; power markets; renewable energy sources; General Electric; alternative energy resources; coal-fired power plants; ecomagination; electricity generation market; environmental innovation; gasification equipment; greenhouse gases; hydrogen fuel cells; photovoltaics; wind turbines; Companies; Energy capture; Energy resources; Fuel cells; Global warming; Hydrogen; Manufacturing; Photovoltaic cells; Power generation; Wind turbines;