CLASS OF 2015
WORLD-GENERATION FEBRUARY/MARCH 2015 V.27 #1
22
WORLD-GEN: WHAT ISTHE IMPORTANCE, IF
ANY, OF THE AMERICAN EXPORT-IMPORT
BANK ONTHE VIABILITY OF DISTRIBUTED
POWER’S SUCCESS?
Lorraine Bolsinger:
Ex-Im is vitally
important. Like other countries with
export credit agencies, the United States
has provided Ex-Im financing for decades,
and we view it as a competitive advantage
because we export 90 percent of our prod-
ucts. Although Ex-Im’s charter has been
extended through June, we support a full
reauthorization to benefit GE and many
other American companies.
A reauthorization would greatly benefit
our employees and suppliers – we have
more than 2,000 employees and more than
1,500 suppliers in the United States, and
they are all critical to providing the materi-
als and services we need to build our gas
turbines and engines.
ABOUT LORRAINE BOLSINGER
Lorraine A. Bolsinger is President and
Chief Executive Officer of GE Power &
Water’s Distributed Power business, head-
quartered in Cincinnati, OH, and employ-
ing more than 5,000 people around the
world.
Lorraine joined GE in 1981 and has
held roles in product management, sales
and marketing across GE Energy,
Aerospace and Aviation. In 1999, she was
appointed vice president, GE Aviation
Services Product Management.
She proceeded to the position of vice
president, Aviation Sales, and in 2003 was
named Chief Marketing Officer for
Aviation.
In 2008, she became president and
CEO of GE Aviation System. She is a mem-
ber of GE’s Corporate Executive Council.
Lorraine earned a bachelor’s degree in
Biomedical Engineering from the
University of Pennsylvania.
serious disadvantage with our
customers. We can’t take a season off
if we intend to stay relevant.
In the meantime, we’ve found new
ways to firm up the softness. We’re
creating new financing options to help
customers who need them.
We have also invested in our
mobile power units – the TM2500 --
which can be fast-tracked and installed
in weeks, and we have a great rental
partner, APR Energy, to provide these
units for bridging.
Our turbines and engines can han-
dle alternative fuels, which can be
used in place of natural gas by custom-
ers who want to move to gas but don’t
have continued access yet.
So we are able to keep providing
our best technology regardless of the
industry’s growth.
WORLD-GEN: GIVENTHE VOLATILITY IN
THE ENERGY INDUSTRY, HOW WILL THE
ALSTOM ACQUISITION SUPPORT GE’S
OVERALL STRATEGY?
Lorraine Bolsinger:
Everyone at
GE is excited about Alstom’s power
businesses planning to join us later
this year. We believe this will give our
customers more access to some of the
leading technology in the power gen
and T&D segments.
Alstom’s impressive geographic
footprint in emerging economies will
complement GE’s footprint in the USA
and Europe, so the positive impact this
will bring for developing new technolo-
gies for global customers is clear.
Moreover, the rise of highly effi-
cient combined cycle plants, coupled
with the growth of renewable technolo-
gies, will allow our two companies to
leverage our combined experience and
engineering talent together.
customer with options, aligned to their
individual business needs. If they choose
to take immediate action, we will be there
with the parts and personnel ready to do
the proper maintenance or repairs. If the
data reveals that the issue is one that can
wait with no risks, we’ll help them sched-
ule service at a time that will minimize
interruptions. This approach works to
reduce downtime and helps our customers
manage costs.”
Voorberg goes on to say, “Siemens is a
large and experienced company; a global
leader poised to meet both opportunities
and challenges in the ever-evolving energy
industry. Our goal within this regional
group is to always strive for excellence. We
are focused on being customer-centric,
working alongside our customers every
step of the way. We know that our custom-
ers know their business best. In addition,
we are striving for consistent excellence
across our whole product field, which is
now quite extensive. I’m excited to be a
part of this talented group at Siemens. I
truly believe that we are very well posi-
tioned to meet the growing and changing
needs of this market and to provide our
customers with the highest levels of opera-
tional excellence.”
ABOUT RICHARD VOORBERG
Richard Voorberg is Executive Vice
President for Siemens Energy based in
Orlando FL. As the lead for Service in
Distributed Generation and Compression
(DGC), his responsibilities include manag-
ing all aspects of service for Canada and
the USA of Small and Medium sized Gas
Turbines, Aero Gas Turbines, Intermediate
Steam Turbines, Generators and
Compressors.
Richard holds a Bachelor of Applied
Science degree in mechanical engineering
from the University of Waterloo, Canada.
RICH VOORBERG
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LORRAINE BOLSINGER
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