GE’s latest approach to energy storage - cleantech perspectives @ Clixoo
GE now sees integrating batteries with renewables or gas turbines as its best bet to add value.
Moo: So, GE is at it again
Xoo: As you say Moo, again.
Moo: But this looks good to me - focussing on some of their core strengths and arriving at valuable combinations of these strengths to provide differentiated offerings.
Xoo: You are the expert on strategy, Moo, and I’m someone who happens to understand a bit of cleantech
Moo: That’s some unexpected modesty from you, Xoo. WelI, I like this strategy, but Xoo, I think GE can go further.
Xoo: More combinations?
Moo: Perhaps. I think they can do the whole hog and become a completely energy company once more
Xoo: My little reading on corporate updates tells me that they are already doing it, Moo.
Moo: Yes, but they can do even more and bring all their focus on energy, clean energy in particular.
Xoo: Isn’t that betting too much on one thing for a large corporate like GE?
Moo: If clean energy is in its entirety soon it becomes a $ trillion dollar, I don’t see how it can be a bad bet
Xoo: You have a point there, Moo, you indeed do!
Read more from : https://www.greentechmedia.com/articles/read/one-more-time-w ...