Baker Hughes Company · NASDAQ:BKR
Baker Hughes — 5th Annual J.P. Morgan Energy Technology Tour (November 2020)
18 slides from Baker Hughes's conference presentation, Nov 10, 2020
Slide 1: New Energy Frontiers
Baker Hughes $3 Baker Hughes New Energy Frontiers 5th Annual J.P. Morgan Energy Technology Tour 7 ia Rod Christie EVP, Turbomachinery & Process Solutions 120 Baker November 10, 2020
Slide 2: Forward-looking statements and non-GAAP disclaimer
This presentation (and oral statements made regarding the subjects of this release) may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 2IE of the Securities Exchange Act of 1934, as amended, (each a “forward-looking stateme
Slide 3: Baker Hughes is a differentiated energy technology company
Baker Hughes is a differentiated energy technology company A diverse portfolio across the — . @ energy landscape, industrials & 32> Strategy focused on leading the new energy frontiers wis gy Leading driver & compression ma\ ~40% of revenue industrial in technology for LNG & new | nature with strong
Slide 4: Baker Hughes is positioned for new energy frontiers
Baker Hughes is posit s Enabled by growth in digital t . Energy storage Carbon capture, utilization and storage * Consultation and feasibility + Turbomachinery provider across + Turbomachinery and process * CO, capture and liquefaction entire value chain capabilities * Compression and + Hydrogen-fue
Slide 5: Primary Baker Hughes technologies across decarbonization
Primary Baker Hughes technologies across decarbonization Solutions to remove CO, emissions * Post-combustion capture technologies * Flue gas compression + CO, compression * CO, pumping + Fugitive emission reduction solutions 5 Copyright 2020 Baker Hughes Company. All rights reserved : Solutions to r
Slide 6: Carbon capture, utilization and storage
Carbon capture, utilization and storage 0 earEEEceeE TRAE Baker Hughes =>
Slide 7: CCUS critical to meet climate goals and emission reduction targets
CCUS critical to meet climate goals and emission reduction targets Annual CCUS capacity needed in power gen & industry Global CO, emissions reductions by technology area _ to meet IEA Sustainable Development Scenario (SDS) Ane GtCco, 40 Stated policies scenario | aa cael H S|) 2020 37% Efficiency [E
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Slide 10: Compact Carbon Capture, a Baker Hughes venture
Compact Carbon Capture, a Baker Hughes venture ;— Compact Carbon Capture (3C) overview + Pioneering technology development company specializing in Amine plant using 3C technology carbon capture solutions based in Norway + Technology currently at pilot stage ... incubated with various partners includ
Slide 11: Hydrogen
Hydrogen Tl Copyright 2020 Baker Hughes Company. All rights reserved. Baker Hughes =
Slide 12: Hydrogen market overview
Hydrogen market overview Global hydrogen demand by sector in IEA SDS Mt of H2 per year 700 BNEF Strong Expected global hydrogen supply by technology 2019 a Policies Scenario 600 Hydrogen A Council 500 - . Wide range of views on total 2050 Hydrogen 400 Global Demand IEA 300 287 | a | IRENA 200 BNEF W
Slide 13: Blue & Green Hydrogen production process overview
Blue & Green Hydrogen production process overview Blue Hydrogen Process Green Hydrogen Process Natural Gas / Coal Renewable Energy Source im ©Carbon Capture ® c 5 5S re] E o = Blue Hydrogen Cathode Reaction ‘Anode Reaction 4H? + de" > 2H, |2H.0 > 0, + 4H* + 4g4 Hydrogen @) Uses Downstream Industrial
Slide 14: Baker Hughes is experienced in handling hydrogen content
Baker Hughes is experienced in handling hydrogen content H2 Compression technology H2 Turbine technology * Long history of handling H2 rich content * 70+ projects worldwide using frame and across applications aeroderivative gas turbines for variety of fuel + First H2 application in 1962 with a hydro
Slide 15: Baker Hughes TPS portfolio across the Hydrogen value chain
Baker Hughes TPS portfolio across the Hydrogen value chain Almost 60 years of experience working with hydrogen : __ Fo ——————> pate —> Hydrogen " NG Pipeline blend roe H2GT — > other gases Critical a pplications siicos | across compression <> i Dae and combustion / v £ Tata wer Conran turbine techno
Slide 16: The importance of gas turbines in Energy Transition
The importance of gas turbines in Energy Transition The role of gas turbines in energy transition can become critical with hydrogen fuel capabilities: * Mixing renewable gas (e.g. Green H2, biogas, syngas) with natural gas enables further reduction in CO, emissions * Gas turbines are flexible, well-
Slide 17: Snam and Baker Hughes test world's first hydrogen blend turbine for gas networks
Snam and Baker Hughes test world’s first hydrogen blend turbine for gas networks In July 2020, Baker Hughes and Snam successfully completed testing of the world’s first “hybrid” hydrogen turbine designed for a gas network. The test paves the way to implement adoption of hydrogen blended with natural
Slide 18: Baker Hughes
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