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GAS TURBINE EFFICIENCY

A Global Leader in Gas Turbines Efficiency Improvements Operations Reliability Emissions Reduction

Business Overview and History

• Gas Turbine Efficiency PLC – Established 1989

• IPO on London AIM Exchange Dec’ 05

• Established Manufacturing Capabilities in US– Acquired Control Center, LLC in March 2007

• Tier One Supplier to OEMs, systems in 500+ plants

• Established Combustion Repair Capability and Facilities– In Duncan, South Carolina, 2008

• Established Technology Center– In Troy, New York, 2006

• Enhanced Combustion and Fuel Systems Capabilities– Addition of Combustion Design Team in October 2007

• Established Sales and Service Capabilities Worldwide in 2009/2010

• Al Gore Generation Fund Invests in GTE 2008– Current ownership approximately 23 %

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GTE’s EcoValue™ Approach

Water• Usage / Optimization

• Recycling• Treatment• Clean-up

Fuel Efficiency• Lower Heat Rate

• Fuel Variability/Cost• Fuel Quality

• Cycle Optimization

Optimization• Higher Output

• Longer Parts Life• Less Trips

• Higher Reliability• Higher Availability

• Better Dispatch Dynamics• Emission/SCR

Emissions• CO2• CO• NOx• SOx

• Mercury• Particulate

Customer value dimensions differently… driven by geography, regulatory, fuel, dispatch, configuration, duty cycle

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Gas Turbine Efficiency

Executive Leadership Staff

Steven Zwolinski, Chief Executive Officer

– 23 Years GE– President & CEO – GE Wind– President & CEO – GE Hydropower – President & CEO – GE Energy Service

Parts– General Manager- GE Energy Global

Service Center Network – Manager Quality - GE Power Generation

• Gas Turbine, Steam Turbine, Generators

– Operations & Technology In Aerospace, Medical Sectors

Tom Wagner, Chief Technology Officer

– 31 Years GE– General Manager – GE Wind Engineering– General Manager – GE Generator

Engineering– Manager GE Energy GT Combustion

Engineering Design – Manager GE Energy Service Engineering

– Responsible for: • Global Installed Base (Gas

Turbines, Steam Turbines, Generators)

• Performance Engineering• Monitoring and Diagnostic Center

– Manager Fleet Reliability - Knolls Atomic Power

Harry Zike, Chief Financial Officer– 30 Years Global Public and Private Company

Financial Executive Experience in Power and Technology Sectors

– CFO – Energy Conversion Devices, a publically traded NASDAQ company

– CFO– Siemens Automotive Electronics Corp.– CFO– Siemens Westinghouse Power Co.– Senior Manager – Price Waterhouse

Marcus Turner, Chief Marketing Officer– 30 Years Control Center, LLC- Chairman/ CEO

since 1991– International Sales Manager, Field Sales and

Service– Mechanical Engineering

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Executive Leadership Staff

Pär Krossling, EMEA Managing Director – 15 Years of International Business– GTE- Director Global Sales;

Europe/ME/Asia P&L Leader– Avnet Inc- Director Sales & Operations,

IMS– KCO - International Sales & Marketing

Consultant

Michael Thomas, President Industrial Business Unit– 31 Years Executive Management– President - Control Center since 2002– President - Calgon Carbon Environmental

Division – CEO/Owner- Vara International -

Environmental Design Engineering Firm

John Duff, President Turbine Services– 32 Years Power Generation experience -

TECO/Entegra– Entegra Power Group – Sr. VP

Engineering & Operations– TECO Power Services – VP Operations– Tampa Electric Company – Production

Engineer & Plant Manager– Former Member FM Global Insurance

customer advisory board

John Battaglioli, President Fuels/ Combustion– 28 Years Computational Fluid Dynamics

and Combustion– 17 Years GE Energy: Combustion

Advanced Technologies, Nuclear, Research

– 10 Years Combustion Science & Engineering (Owner/ VP)

– GE DLN-1 and DLN-2 Systems; SPG, Solar, and Cataytica Systems

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Technology Team

Robert Bland, Combustion Architecture– PhD University of Sheffield - 20 Years Computational Fluid Experience – Siemens- Leader SGT6- 5000F 9ppm Combustor Program– GE Energy; Leader 7FA+e (7241) 12 and 24K CI Combustor Program– 25 Gas Turbine Patents

Andrew Hamer, Chief Technologist Aerothermal Design– 20 Years Gas Turbine Aero-Thermal Computational Simulation and Design– GE Combustion Engineer; Test Engineer; Design Engineer– Owner- Engineering Consulting Firm working with Multiple Gas Turbine OEMs

John Barnes, Chief Technologist Mechanical Design– 22 Years Gas Turbine Mechanical Computational Simulation and Design – GE Energy- Lead Mechanical analysis engineer on GE DLN Development– GE Research Center- Aircraft Engine and Power Generation Design – Developed number of patented combustion components

Chris Chandler, Vice President Combustion Tuning and Monitoring– Combustion Design Engineer with GE- 6 Years; DLN 1, DLN 2, DLN 2.6– Plant Operation and Control with Texas Independent Energy- 7 Years; 7FA Combined Cycle– Core skill in Combustion Design and Power Plant Maintenance/ Operation

GTE Fleet: 850 Units > 22 Million Hrs

Water Wash Systems

• 3% performance recovery, 1% heat rate and 2% availability improvements

• 850 units with 22 million operating hours of demonstrated recovery and erosion robustness

• Return on investment in less than 3 months

• Optimized nozzle replacement more effectively cleans

• Reduces water consumption by up to 65%

Exceptional End User Benefits

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• Multi-year OEM Agreements for Water Wash equipment with the following OEMs:

Rolls Royce Siemens Industrial Solar Other Major OEM+ Working 3 Other OEMs

EcoValue Water Wash Systems

Mechanical Capabilities– Fuel Supply– Water Injection– Steam Injection– Fuel Blending– Lube Oil– Fogging– Ammonia

Fuel Gas Module with Enclosure Installed

Fuel Gas Blending Skid

Fuel Selection Skid

Fuel Gas Modules

OEM Manufacturing of Skids

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GTE – Customers

Oil & Gas Aviation Power Gen

OEMs

End Users

SwedishAir Force

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