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Showing posts with label #GE. Show all posts
Showing posts with label #GE. Show all posts

Wednesday, January 21, 2015

GE to Replace TVA’s Coal Units with Cleaner, High-Efficiency H-Class Gas Turbines

From GE:


GE to Replace TVA’s Coal Units with Cleaner, High-Efficiency H-Class Gas Turbines

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  • Two 7HA.02 Gas Turbines to Replace Three Coal-Fired Units, Providing High Efficiency and Lowering Emissions to Help Tennessee Valley Authority (TVA) Meet Agreement with U.S. EPA
  • Plant to Support Memphis Area and Region with Cleaner, Reliable Energy
  • TVA Project Marks the 15th HA Order 
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SCHENECTADY, N.Y.—January 15, 2015—In the 55 years since the Thomas H. Allen Fossil Plant was commissioned in Memphis, Tennessee, energy technology has evolved tremendously and environmental laws have tightened. To take advantage of enhanced technology and help meet environmental requirements, the Tennessee Valley Authority (TVA) is moving ahead with plans to replace the fossil plant. GE (NYSE: GE) announced today that it has received an order from the TVA to supply two high-efficiency 7HA.02 gas turbine generators for the new combined-cycle Allen plant.

The new plant will replace three coal-fired units that are being retired as TVA works toward a December 2018 deadline from the U.S. Environmental Protection Agency (EPA) to reduce coal emissions. GE’s 7HA.02 gas turbines run on natural gas and are the world’s largest and most-efficient 60-hertz gas turbines. In baseload operation, a 2X1 7HA.02 combined-cycle power plant, when compared to a typical coal fired power plant, will reduce carbon dioxide (CO2) emissions by approximately 65 percent and reduce both sulfur dioxide (SO2) and nitrogen oxide (NOx) emissions by over 95 percent. The TVA Allen plant will have the capacity to generate 1,000 megawatts of power in combined-cycle mode, the equivalent power that would be needed to supply 1 million U.S. homes.

“TVA has a strong plan to meet its obligations with the EPA while providing its customers with efficient, reliable power generation technologies,” said Vic Abate, president and CEO, power generation products at GE Power & Water. “GE’s H-class technology is transforming the industry, and we feel it is the best power solution for TVA and the greater Memphis region.”

The current coal plant was originally built by Memphis Light, Gas and Water Division and generates electricity for the Memphis area and a larger part of the western region covered by the TVA, as will the new combined-cycle plant.

GE’s 7HA technology offers a net combined-cycle efficiency of more than 61 percent, leading the industry with cleaner, reliable and cost-effective conversion of fuel to electricity. The HA gas turbines also feature GE’s prime packaging, a modular packaging configuration that helps to enable a shorter installation schedule. The gas turbines are expected to be delivered to the site in August 2016 with commercial operation planned for May 2018.

With the TVA project, 15 HA units have been ordered by customers around the world. In addition to the United States, GE’s H-class technology has been embraced by customers in Japan, the United Kingdom, Brazil, South Korea, France, Russia, Germany and Turkey.

“Every country and every customer faces unique energy issues,” said Abate. “But customers around the world recognize the tremendous life-cycle value provided by GE’s HA technology.”

GE’s latest HA gas turbines build off the learnings of both its operating fleet of more than 4,500 air-cooled heavy-duty gas turbines with accumulated operation of more than 180 million hours and its decade of steam-cooled H-class gas turbine operating experience. GE technology advancements are fueled through the long history of its Aviation business and innovations from its Global Research Center.

About Tennessee Valley Authority

The Tennessee Valley Authority (TVA) is a corporate agency of the United States that provides electricity for business customers and local power distributors serving 9 million people in parts of seven southeastern states. TVA receives no taxpayer funding, deriving virtually all of its revenues from sales of electricity. In addition to operating and investing its revenues in its electric system, TVA provides flood control, navigation and land management for the Tennessee River system and assists local power companies and state and local governments with economic development and job creation.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

For more information, visit the company's website at www.gepower.com and http://powergen.gepower.com.

Follow GE Power & Water and GE Power Generation on Twitter @GE_PowerWater and @ge_powergen.

To track progress of the first HA Gas Turbine and get more information, please visit:http://efficiency.gepower.com/media.html or follow the turbine on Twitter @HArriet_GE.

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GE and McDermott launch io oil & gas consulting

From GE:


GE and McDermott launch io oil & gas consulting

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io is a new model of consulting in offshore field developments 

15th January 2015 – GE Oil & Gas (NYSE: GE) (“GE”) and McDermott International, Inc. (NYSE: MDR) (“McDermott”) today launched io oil & gas consulting, a new independent venture to transform the development of front-end solutions for offshore fields.

io aims to deliver greater certainty into the design and planning of the offshore oil and gas field and overhaul the current operator-contractor relationship. io will leverage the knowledge of the contractor community through its parents’ expertise to better guide offshore projects at the development stage. Its scope will range through portfolio evaluation, exploration and planning support, appraisal and feasibility, conceptual engineering and FEED to the final investment decision. Furthermore, unlike any other consultancy in the market today, io will consider the full field as one system with the technical insight to develop every aspect of the front-end solution.

Lorenzo Simonelli, President & CEO of GE Oil & Gas said, “GE Oil & Gas is proud to support io oil & gas consulting. We feel the venture is a natural extension of our mission to help customers solve the world’s toughest energy challenges. As a world leader in advanced technologies and services within the oil and gas industry, GE will lend its domain expertise in subsea [production] systems that will see the new venture devise technically advanced and robust solutions, especially in new deep-water developments.”

David Dickson, President and Chief Executive Officer, McDermott said, “io has the right end-to-end DNA and brings a new style of free thinking that we expect will drive change in how projects are brought to market. Focused on its clients’ priorities, io offers unique value through broad and comprehensive field development expertise. As a leading offshore engineering and construction contractor, McDermott is proud to support io through its depth of technical knowledge, experience and access to the right knowledge for engineering, procurement, construction and installation services, and specialist construction equipment.”

io is a GE Oil & Gas and McDermott venture but its independent operating model will ensure it provides the impartial advice that energy companies are seeking, while benefiting from having access to specialist resources to assist in the technical and commercial validation of its work.

io is headed by Chief Executive Officer Dan Jackson, an industry pioneer who has a track record of successfully starting and developing engineering consultancy businesses in the offshore sector. Joining him are Mark Dixon, Chief Technology Officer, with over 20 years in the offshore oil and gas sector including extensive start-up experience; Tony McAloon, Chief Operating Officer, with a 35-year track record of business governance experience in the industry; and Oliver Dixon, Chief Financial Officer, with 15 years of experience driving companies’ growth strategies.

Dan Jackson said, “The launch of io represents a significant development that will challenge the way our industry operates. io combines industry expertise and powerful thinking to deliver greater certainty of costs and schedule to offshore field developments. The heritage and depth of experience from these two great parents allows the best talent in the market to come together and offer something new to operators during current challenging market conditions. 19

 “The oil and gas industry is a vital component in the global energy mix, but increasing complexity of offshore field developments and the decline in oil price is challenging traditional ways of working. Now is the ideal time to launch io. The team’s proven expertise and innovative approach will deliver more efficient and customised solutions to offshore developments around the world.”

io is headquartered in London and will launch satellite offices in the US and Asia.

Ends

About io oil & gas consulting

io oil & gas consulting brings together the world's most powerful thinking to provide better solutions for offshore oil and gas developments. A GE and McDermott venture, io’s unique model of consultancy and philosophy will deliver greater certainty in offshore oil and gas development planning and redefine the traditional relationship between clients and contractors.

io will be the first to deliver end-to-end solutions, leveraging the contractor community knowledge base, in order to provide significant benefits to players across the oil and gas industry. io is backed by a unique combination of big contracting partners in offshore development, providing credibility and scale that will deliver benefits in a traditional industry.

io is headed by Chief Executive Officer Dan Jackson, an industry pioneer who has a track record of successfully starting and developing engineering consultancy businesses in the offshore sector. Joining him are Mark Dixon, Chief Technology Officer, with over 20 years in the offshore oil and gas sector including extensive start-up experience; Tony McAloon, Chief Operating Officer, with a 35-year track record of business governance experience in the industry; and Oliver Dixon, Chief Financial Officer, with 15 years of experience driving companies’ growth strategies.

For more information see www.iooilandgas.com or follow io oil & gas consulting on Twitter, LinkedIn,Google+ .

Contact information

Joanna Hoare
Senior Account Director
Hill + Knowlton Strategies
 +44 20 7413 3035
+7990 773 566

Rachel Kelly
 Account Manager
Hill + Knowlton Strategies
+44 207 413 3008 

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