The seven steps to hydropower. The Army Corps of Engineers generates hydropower at Ozark and Dardanelle dams on the river as well as at 5 lake projects.
Showing posts with label power. Show all posts
Showing posts with label power. Show all posts
Tuesday, December 23, 2014
7 Steps to Hydropower
From Little Rock District, U.S. Army Corps of Engineers:
The seven steps to hydropower. The Army Corps of Engineers generates hydropower at Ozark and Dardanelle dams on the river as well as at 5 lake projects.
The seven steps to hydropower. The Army Corps of Engineers generates hydropower at Ozark and Dardanelle dams on the river as well as at 5 lake projects.
Tuesday, September 18, 2012
GE Launches PowerOn™ Precision to Deliver Real-life Benefits of Managing the Demand and Supply of Power on the Electric Grid
Press release:
18 September 2012
18 September 2012
GE Launches PowerOn™ Precision to Deliver Real-life Benefits of Managing the Demand and Supply of Power on the Electric Grid
SAN DIEGO—September 18, 2012—A current challenge utilities face—reducing the rise in peak demand along with its high costs—just became easier. Utilities will welcome GE’s (NYSE: GE) new PowerOnTM Precision demand optimization technology to help ensure a more energy-efficient, reliable grid with economic benefits to both energy providers and consumers.
PowerOn Precision is a demand response management system that allows GE utilities to manage peak demand and/or provide support for grid stability and operations. The new technology is a comprehensive solution that uses proven GE software and continuous-learning algorithms to deliver dynamic pricing incentives and direct load control capabilities to consumers. Designed with open standards and a modular architecture that increases the functionality, flexibility and ease of integrating future technologies into the system, this solution delivers real-life benefits of greater power reliability, a cleaner energy mix and consumer empowerment. Utilities can reduce operational costs while consumers can lower their electric bills as the smart grid becomes more efficient.
By empowering consumers, PowerOn Precision helps contribute to economic development and a greener use of energy. Residential, commercial and industrial consumers will be able to participate in rate programs to adjust their energy usage and make other consumption-changing moves. In many cases, they can qualify for energy discounts and bonuses that lower their electric bills without affecting their way of life. The result is a better balance of power demand with available power supply to meet peak-time loads. GE’s smarter solution optimizes the load while minimizing the impact on participating customers.
“Today’s energy challenges are making us re-think how we deliver energy,” said Mike Carlson, general manager−smart grid solutions for GE Energy Management’s Digital Energy business. “Increased peak demands, growing grid constraints and power interruptions are costly to global businesses. The demand optimization technology that utilities can implement will enable more reliable, efficient and cleaner energy, spurring economic development and improving lifestyles.”
PowerOn Precision enables several forms of communication—from home energy portals and smart appliances to building management systems, electric vehicle charging stations and other energy management systems. The solution will help lower the peaks of energy demand that occur throughout each day and during energy-intensive events, such as heat waves, adjusting the most practical loads at the right time and locations.
As PowerOn Precision continues to be implemented across the U.S., Europe and other regions, GE’s technology will help utility partners better manage the demand side of business, enable consumers to make smarter energy decisions and power a more productive and sustainable energy future.
GE Energy Management’s Digital Energy business is a global leader in protection and control, communications, power sensing and power quality solutions. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to ensuring secure wireless data transmission and providing uninterruptible power, GE Energy Management’s Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visithttp://www.gedigitalenergy.com.
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.
Follow GE Energy Management’s Digital Energy business on Twitter@YourSmartGrid.
PowerOn Precision is a demand response management system that allows GE utilities to manage peak demand and/or provide support for grid stability and operations. The new technology is a comprehensive solution that uses proven GE software and continuous-learning algorithms to deliver dynamic pricing incentives and direct load control capabilities to consumers. Designed with open standards and a modular architecture that increases the functionality, flexibility and ease of integrating future technologies into the system, this solution delivers real-life benefits of greater power reliability, a cleaner energy mix and consumer empowerment. Utilities can reduce operational costs while consumers can lower their electric bills as the smart grid becomes more efficient.
By empowering consumers, PowerOn Precision helps contribute to economic development and a greener use of energy. Residential, commercial and industrial consumers will be able to participate in rate programs to adjust their energy usage and make other consumption-changing moves. In many cases, they can qualify for energy discounts and bonuses that lower their electric bills without affecting their way of life. The result is a better balance of power demand with available power supply to meet peak-time loads. GE’s smarter solution optimizes the load while minimizing the impact on participating customers.
“Today’s energy challenges are making us re-think how we deliver energy,” said Mike Carlson, general manager−smart grid solutions for GE Energy Management’s Digital Energy business. “Increased peak demands, growing grid constraints and power interruptions are costly to global businesses. The demand optimization technology that utilities can implement will enable more reliable, efficient and cleaner energy, spurring economic development and improving lifestyles.”
PowerOn Precision enables several forms of communication—from home energy portals and smart appliances to building management systems, electric vehicle charging stations and other energy management systems. The solution will help lower the peaks of energy demand that occur throughout each day and during energy-intensive events, such as heat waves, adjusting the most practical loads at the right time and locations.
As PowerOn Precision continues to be implemented across the U.S., Europe and other regions, GE’s technology will help utility partners better manage the demand side of business, enable consumers to make smarter energy decisions and power a more productive and sustainable energy future.
GE Energy Management’s Digital Energy business is a global leader in protection and control, communications, power sensing and power quality solutions. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to ensuring secure wireless data transmission and providing uninterruptible power, GE Energy Management’s Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visithttp://www.gedigitalenergy.com.
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.
Follow GE Energy Management’s Digital Energy business on Twitter@YourSmartGrid.
Tuesday, September 4, 2012
GE to Provide Cleaner, Efficient Power for China’s Zhejiang Province
Press release:
04 September 2012
04 September 2012
GE to Provide Cleaner, Efficient Power for China’s Zhejiang Province
- 6FA Technology Selected for Three Distributed Energy Projects
- GE to Provide Approximately 575 Additional Megawatts of Power
- High Cogeneration Efficiency, Low Emissions Plants to Replace Older Coal Units
BEIJING, CHINA—September 4, 2012—GE (NYSE: GE) will supply five Frame 6FA gas turbine-generators for three power plants in China’s Zhejiang Province that will help to meet the province’s strong power needs. Designed for high efficiency and low emissions, all three projects support the provincial government’s initiative to develop gas turbine cogeneration plants to replace less efficient coal-fired boilers in order to reduce environmental impact and increase energy efficiency in the region.
GE will provide two 6FA gas turbine-generators to Harbin Electric Corporation, the main equipment contractor for a combined-cycle power plant in Jiangshan county owned by Datang International Power Generation, Ltd. The plant will be a key energy supplier for the Jiangshan area. GE also will supply similar equipment for a facility in Quzhou city owned by Quzhou Puxing, a subsidiary of Wanxiang Group, which will supply power for the Quzhou Kecheng economic development zone. Each of these plants will produce up to 230 megawatts of power with a thermal efficiency of 53.5 percent in combined-cycle operation and up to approximately 80 percent in cogeneration mode. A typical coal-fired plant of similar size operates at efficiency levels around 30 percent.
In addition, GE will provide one 6FA gas turbine-generator for a power plant near Huzhou city owned by Amber Energy Co. Ltd. That plant, a key energy supplier for the Anji economic development zone, will have an output capacity of 115 megawatts.
When they enter commercial operation in December 2012, the three new plants will produce a total of approximately 575 megawatts of power in Zhejiang province, alleviating this year’s power shortage of approximately 7000 megawatts and securing the process heating supply for related industries in the area. Natural gas from China’s landmark West-to-East Pipeline II will be the primary fuel for each plant.
“Each project will meet the electricity and heating demands of the surrounding industrial areas and residential districts with limited environmental impact, compared with older technology plants,” said Walter Wang, GM, thermal enterprise commercial for GE Power & Water. “With their midrange output, high efficiency, high exhaust energy for steam production and low emissions, our 6FA gas turbines are an excellent match for distributed energy applications such as these.”
In a distributed energy project, electricity and heat are generated on-site, at or near the point of use. This is a highly reliable source of energy and eliminates the cost and the risk associated with distributing power from a centralized power plant over long distances.
The 6FA gas turbine is a mid-sized version of GE’s widely used 7FA and 9FA gas turbines. Designed for 50 or 60 hertz grids, the gear-driven 6FA gas turbine addresses mid-sized power block needs with high performance. Its output range, high exhaust energy, full packaging and robust design make the 6FA well suited for a wide range of distributed energy applications, including industrial cogeneration and district heating. More than 140 6FA gas turbines have been sold worldwide. The 6FA is ecomagination- qualified.Ecomagination is GE’s commitment to providing innovative solutions that maximize resources, drive efficiencies and help make the world work better.
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.
Follow GE Power & Water and ecomagination on Twitter @GE_PowerWaterand @ecomagination.
GE will provide two 6FA gas turbine-generators to Harbin Electric Corporation, the main equipment contractor for a combined-cycle power plant in Jiangshan county owned by Datang International Power Generation, Ltd. The plant will be a key energy supplier for the Jiangshan area. GE also will supply similar equipment for a facility in Quzhou city owned by Quzhou Puxing, a subsidiary of Wanxiang Group, which will supply power for the Quzhou Kecheng economic development zone. Each of these plants will produce up to 230 megawatts of power with a thermal efficiency of 53.5 percent in combined-cycle operation and up to approximately 80 percent in cogeneration mode. A typical coal-fired plant of similar size operates at efficiency levels around 30 percent.
In addition, GE will provide one 6FA gas turbine-generator for a power plant near Huzhou city owned by Amber Energy Co. Ltd. That plant, a key energy supplier for the Anji economic development zone, will have an output capacity of 115 megawatts.
When they enter commercial operation in December 2012, the three new plants will produce a total of approximately 575 megawatts of power in Zhejiang province, alleviating this year’s power shortage of approximately 7000 megawatts and securing the process heating supply for related industries in the area. Natural gas from China’s landmark West-to-East Pipeline II will be the primary fuel for each plant.
“Each project will meet the electricity and heating demands of the surrounding industrial areas and residential districts with limited environmental impact, compared with older technology plants,” said Walter Wang, GM, thermal enterprise commercial for GE Power & Water. “With their midrange output, high efficiency, high exhaust energy for steam production and low emissions, our 6FA gas turbines are an excellent match for distributed energy applications such as these.”
In a distributed energy project, electricity and heat are generated on-site, at or near the point of use. This is a highly reliable source of energy and eliminates the cost and the risk associated with distributing power from a centralized power plant over long distances.
The 6FA gas turbine is a mid-sized version of GE’s widely used 7FA and 9FA gas turbines. Designed for 50 or 60 hertz grids, the gear-driven 6FA gas turbine addresses mid-sized power block needs with high performance. Its output range, high exhaust energy, full packaging and robust design make the 6FA well suited for a wide range of distributed energy applications, including industrial cogeneration and district heating. More than 140 6FA gas turbines have been sold worldwide. The 6FA is ecomagination- qualified.Ecomagination is GE’s commitment to providing innovative solutions that maximize resources, drive efficiencies and help make the world work better.
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.
Follow GE Power & Water and ecomagination on Twitter @GE_PowerWaterand @ecomagination.
Thursday, August 30, 2012
GE Introduces 1.85-82.5 Wind Turbine for Brazil’s Promising Wind Energy Sector
Press release from General Electric:
30 August 2012
30 August 2012
GE Introduces 1.85-82.5 Wind Turbine for Brazil’s Promising Wind Energy Sector
- Newest Wind Turbine is Latest Evolution of GE Technology, Proven in Applications Worldwide
- Key Features Make the Technology a Fit for Brazil’s Demanding Wind Regimes
- Offers 8 Percent Increase in Annual Energy Production
RIO DE JANEIRO, BRAZIL—August 30, 2012—GE (NYSE: GE) is introducing a wind turbine designed to meet the wind conditions in Brazil, one of the world’s most promising markets for onshore wind energy development. GE, North America’s leading wind turbine supplier, is featuring its new 1.85-82.5 wind turbine at the Brazil Windpower Conference in Rio de Janeiro, August 29-31.
The 1.85-82.5 wind turbine, which is IEC-certified for higher wind speed sites or environments, is the latest evolution of GE’s wind turbine technology and builds upon the vast and diverse experience of GE’s installed fleet of 18,000 wind turbines worldwide. The new turbine offers an 8 percent increase in annual energy production (AEP) at 9 m/s, which drives improved project economics for wind developers in higher wind regime sites.
GE’s proprietary Advanced Loads Control allows siting of the 82.5-meter rotor in more aggressive wind regimes, combining drive train sensors and capabilities of the Mark* Vle controller to individually pitch blades and improve load-handling performance. A sophisticated set of grid-friendly features will enable operators to meet stringent grid requirements in 60-hertz regions.
“With the introduction of the 1.85-82.5 wind turbine, we continue to advance our 1.5-megawatt class wind turbine product line, which has been proven in a wide range of wind regimes worldwide,” said Victor Abate, vice president of renewable energy at GE. “Focusing on performance, reliability, efficiency and multi-generational product evolution, the 1.85-82.5 is designed for Brazil’s growing wind energy requirements.”
GE technology already is well established in Brazil, with 300 GE wind turbines now installed in the country. Last year, GE secured agreements to supply wind and gas turbines for projects in Brazil that will produce 1.4 gigawatts of electricity—40 percent of the total amount awarded in energy auctions conducted by Brazil’s National Electric Power Agency. At AWEA Windpower 2012, GE announced that the Miassaba 2 and Aratua 1 wind farms, developed and implemented by Bioenergy, a pioneer in clean energy in Brazil, were the first projects in Latin America to enter operation with GE wind turbines.
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.
The 1.85-82.5 wind turbine, which is IEC-certified for higher wind speed sites or environments, is the latest evolution of GE’s wind turbine technology and builds upon the vast and diverse experience of GE’s installed fleet of 18,000 wind turbines worldwide. The new turbine offers an 8 percent increase in annual energy production (AEP) at 9 m/s, which drives improved project economics for wind developers in higher wind regime sites.
GE’s proprietary Advanced Loads Control allows siting of the 82.5-meter rotor in more aggressive wind regimes, combining drive train sensors and capabilities of the Mark* Vle controller to individually pitch blades and improve load-handling performance. A sophisticated set of grid-friendly features will enable operators to meet stringent grid requirements in 60-hertz regions.
“With the introduction of the 1.85-82.5 wind turbine, we continue to advance our 1.5-megawatt class wind turbine product line, which has been proven in a wide range of wind regimes worldwide,” said Victor Abate, vice president of renewable energy at GE. “Focusing on performance, reliability, efficiency and multi-generational product evolution, the 1.85-82.5 is designed for Brazil’s growing wind energy requirements.”
GE technology already is well established in Brazil, with 300 GE wind turbines now installed in the country. Last year, GE secured agreements to supply wind and gas turbines for projects in Brazil that will produce 1.4 gigawatts of electricity—40 percent of the total amount awarded in energy auctions conducted by Brazil’s National Electric Power Agency. At AWEA Windpower 2012, GE announced that the Miassaba 2 and Aratua 1 wind farms, developed and implemented by Bioenergy, a pioneer in clean energy in Brazil, were the first projects in Latin America to enter operation with GE wind turbines.
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.
GE Celebrates 300 Wind Turbines Installed in Brazil
Press release from General Electric:
30 August 2012
30 August 2012
GE Celebrates 300 Wind Turbines Installed in Brazil
- Brazil Installations Projected to Double over next Two Years
- GE Service Centers to Open in Rio Grande do Norte and Bahia, Employing 100 Technicians
- Best Producing Fleet in the Industry Exceeds Performance Expectations
RIO DE JANEIRO, BRAZIL—August 30, 2012—GE (NYSE: GE), which this year is celebrating its 10th anniversary in the wind industry, today announced that it has installed 300 wind turbines in Brazil. Over the next two years, GE will install more than 600 additional units in Brazil as it continues to grow in the region, the company reported at the Brazil Windpower Conference in Rio de Janeiro.
As the GE fleet expands, the company also is announcing its plans to open two local service centers by 2014, representing a $1.5 million investment in Brazil. The service centers will employ more than 100 service technicians and be located in Rio Grande do Norte and Bahia.
GE’s commitment to quality execution is its number one priority. “Execution is a differentiator for GE,” says Jean-Claude Robert, general manager of Latin America for GE’s renewable energy business. “We have delivered all of our projects on schedule, which allows our customers to meet their PPA requirements.”
Designing a product specifically for Brazil’s wind speeds has been a key investment for the region, and today GE announces its 1.85-82.5 turbine, which is based on GE’s proven 1.5-megawatt (MW) platform. Part of its $2 billion investment in renewable energy, GE’s 1.85-82.5 is designed to meet or exceed the historic 98.5 percent availability of the 1.5-MW platform and help improve project economics in higher wind regime sites by requiring fewer turbines per wind farm.
Wind power is the fastest growing source of power generation in Brazil.The Global Wind Energy Council (GWEC) reports that the Brazilian wind sector installed 583 MW in 2011, bringing the country’s installed capacity up to more than 1,500 MW, an increase of 63 percent. The GWEC has identified Brazil as one of the world’s most promising onshore markets for wind energy for at least the next five years.
GE has been active in Brazil for more than 90 years and opened its wind energy office in Sao Paulo in 2009. The local team leverages GE’s global expertise of engineers, field service technicians and logistics excellence to ensure the highest quality and strongest execution is on point for customers in Brazil.
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.
Follow GE’s renewable energy business on Twitter @GErenewables.
As the GE fleet expands, the company also is announcing its plans to open two local service centers by 2014, representing a $1.5 million investment in Brazil. The service centers will employ more than 100 service technicians and be located in Rio Grande do Norte and Bahia.
GE’s commitment to quality execution is its number one priority. “Execution is a differentiator for GE,” says Jean-Claude Robert, general manager of Latin America for GE’s renewable energy business. “We have delivered all of our projects on schedule, which allows our customers to meet their PPA requirements.”
Designing a product specifically for Brazil’s wind speeds has been a key investment for the region, and today GE announces its 1.85-82.5 turbine, which is based on GE’s proven 1.5-megawatt (MW) platform. Part of its $2 billion investment in renewable energy, GE’s 1.85-82.5 is designed to meet or exceed the historic 98.5 percent availability of the 1.5-MW platform and help improve project economics in higher wind regime sites by requiring fewer turbines per wind farm.
Wind power is the fastest growing source of power generation in Brazil.The Global Wind Energy Council (GWEC) reports that the Brazilian wind sector installed 583 MW in 2011, bringing the country’s installed capacity up to more than 1,500 MW, an increase of 63 percent. The GWEC has identified Brazil as one of the world’s most promising onshore markets for wind energy for at least the next five years.
GE has been active in Brazil for more than 90 years and opened its wind energy office in Sao Paulo in 2009. The local team leverages GE’s global expertise of engineers, field service technicians and logistics excellence to ensure the highest quality and strongest execution is on point for customers in Brazil.
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.
Follow GE’s renewable energy business on Twitter @GErenewables.
Thursday, August 16, 2012
GE Gas Engine Hits Milestone: More than 50,000 Hours of Turning Biogas into Power for German Brewery
Press release:
16 August 2012
16 August 2012
GE Gas Engine Hits Milestone: More than 50,000 Hours of Turning Biogas into Power for German Brewery
- Bitburger Project Illustrates Growth of Combined Heat and Power in Europe
- Efficient Operation Leads to 10 Percent Primary Energy Savings
- Reinforcing GE Commitment to ecomagination, J312 Gas Engine Provides Fuel Flexibility, Reliable Performance
BITBURG, GERMANY—August 16, 2012—Powered by GE (NYSE: GE) gas engine technology, a combined heat and power (CHP) plant at Germany’s Bitburger Brauerei (brewery) has surpassed 50,000 hours of successful operation. Based on an ecomagination-qualified Jenbacher J312 gas engine, the plant converts biogas (gas produced by biological breakdown of organic matter) into electricity, steam and hot water to meet the brewery’s process requirements.
Since it began operating in 2005, the CHP facility has improved electricity supply for the brewery, reduced carbon dioxide emissions by an equivalent of 10,000 tons and demonstrated higher efficiency and economy compared to the site’s previous steam boiler technology by using biogas.
Biogas, created as by-product during the wastewater treatment process following beer production, is burned by the Jenbacher engine to produce electricity and heat. This efficient operation has enabled the brewery to realize prime energy savings of about 10 percent. The project is an example of GE’s ecomagination commitment to provide innovative solutions that maximize resources, drive efficiencies and help make the world work better.
“The use of GE’s Jenbacher CHP technology enables us to meet our energy and environmental goals while also reducing costs. The project builds on a strong relationship between our companies that has included the purchase of several Jenbacher engines during the past 20 years,” said Dr. Johannes Hankes, head of central engineering of the Bitburger Brewery. “For example, two of GE’s Jenbacher engines are installed near the Jenbacher J312 gas engine, operating in mechanical drive applications.”
The Bitburger Brewery is located in Bitburg, Germany, near Trier and the Luxembourg border. Founded in 1817, today it ranks among Germany’s best selling breweries. The Bitburger Group operates five breweries in Germany and produced 7.5 Mio. Hectolitres of beer in 2011.
“Working with Bitburger allowed us to develop a customized technology solution that met their specific needs,” said Rafael Santana, president and CEO of Gas Engines for GE Energy. “Our gas engine technology provides a high degree of fuel flexibility with the capability to operate on a wide range of gases such as biogas or natural gas for the Bitburger brewery. Its proven reliability and availability are keys to achieving the successful 50,000-hour operating milestone.”
The Jenbacher J312 gas engine at the brewery produces 624 kilowatts of electricity and 700 kilowatts of thermal power, including 330 kilowatts of steam. The option to run the engine either on biogas resulting as a by-product of the production process or natural gas allows the brewery to run independently and operate smoothly in case the grid fails.
Like the other members of GE’s type-3 gas engine group, the J312 offers low fuel consumption, ensuring maximum efficiency of up to 90 percent, along with a high degree of technical maturity and reliability.
In all, GE has supplied about 2,200 Jenbacher engines for on-site power projects in Germany, representing more than 18 percent of GE’s globally installed Jenbacher fleet. Combined, these units generate electricity equivalent to the amount used by about 3 million average E.U. homes.
The successful collaboration at the Bitburger Brauerei (brewery) is an example of GE’s focus on the global food and beverage sector by bringing energy management, CHP and other waste-to-value solutions to the industry, benefitting the companies involved in addition to their surrounding communities. The Bitburger Brewery project also illustrates how GE’s comprehensive suite of distributed power solutions—ranging in size from 100 kilowatts to 100 megawatts—is helping customers worldwide to generate more reliable, on-site electricity and heat.
Breweries are a traditional segment for distributed power generation to meet on-site power needs. In general, CHP applications are growing in Germany specifically to support the country’s energy turnaround efforts, as well as throughout Europe, based on the CHP incentives that are a key part of the European Union’s 20-20-20 initiative.
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.
Follow GE Power & Water on Twitter @GE_PowerWater.
Sunday, August 12, 2012
The Secret to Solar Power
The following is
an excerpt from an article in
The New York Times
Sunday, August 12, 2012
The Secret to Solar Power
By JEFF HIMMELMAN
Most mornings, Danny Kennedy hops on a bike with orange saddlebags and rides half an hour from his home to Oakland’s Jack London Square. He makes for quite a picture cruising down Telegraph Avenue, decked out as he often is in an orange helmet, orange jacket and orange leather Adidas shoes. When he arrives at his office, he often makes his rounds on an orange indoor bike. (He’s not joking around with the orange thing.) Though Kennedy was once a young environmental activist documenting the horrors of the oil and mining industries, he’s now a 41-year-old company man. The orange that he wears daily — which extends even to the checks on his shirts, and which drives his wife crazy — is the brand color for his rapidly growing residential solar company, Sungevity, whose revenues grew by a factor of eight in 2010 and doubled again in 2011, and whose employees have grown to 260 from 3 since the company’s inception five years ago.
Given that growth, it’s somewhat surprising to learn that Kennedy and Sungevity aren’t taken very seriously by their larger competitors. Kennedy’s activist past and his willingness to wear his commitment to the solar industry quite literally on his sleeve are viewed by some as a liability in an industry desperate to demonstrate its seriousness. Thanks to increased Chinese production of photovoltaic panels, innovative financing techniques, investment from large institutional investors and a patchwork of semi-effective public-policy efforts, residential solar power has never been more affordable. But even with pricing that requires no initial capital outlay from consumers and guarantees lifetime savings — and even occasional opportunities to make money, by selling power back to the grid — Americans still aren’t buying into solar in significant numbers.
Two factors have hurt the industry’s growth. The first is abstract and well ingrained in the American psyche: the negative association of “green” technologies with inefficiency and idealistic, hippie-fueled impracticality. The second is concrete and recent: the sleek, vacant headquarters of Solyndra, the infamous federally subsidized solar-panel manufacturer that went bankrupt in 2011. The glassy campus sits just off the Nimitz Freeway, visible to commuters between San Francisco and Silicon Valley as they battle rush-hour traffic each morning, surreptitiously checking their phones.
Though the failure of Solyndra has dominated the political and social discourse around solar power, the reality of the industry — as evidenced by the enormous investments that companies like Google and Bank of America are making in residential solar power — is that it has rapidly become a smart, practical and profitable investment. Despite a lack of widespread acceptance, the market is growing and the competition is getting tight.
Where Kennedy will ultimately fit into all of this remains to be seen. He told me: “We don’t need missionaries anymore. We need mercenaries.” As the industry grows, big investments don’t necessarily flow toward the people with the deepest environmentalist roots. No matter how much orange Kennedy wears or how dedicated to corporate branding he appears to be, his bleeding heart still shows through. Missionary, mercenary: can he — can anyone — be both?
Wednesday, August 8, 2012
Lockheed Martin to Integrate Fuel Cells, Solar Power for Military Applications Under Contract with Office of Naval Research
Press release:
Lockheed Martin to Integrate Fuel Cells, Solar Power for Military Applications Under Contract with Office of Naval Research
AKRON, Ohio – Aug. 8, 2012 – Lockheed Martin [NYSE: LMT] secured a contract with the Office of Naval Research for the design and development of solid oxide fuel cell generator sets as an alternative to traditional battlefield power generation equipment. Lockheed Martin’s fuel cell technology will be integrated with solar panels, providing the military with the power needed to perform missions while using dramatically less fuel.
At the end of the 32-month development program, Lockheed Martin will demonstrate and deliver a multi-kilowatt JP-8 compatible Fuel Cell Efficient Power Node for evaluation by the U.S. Marines. The goal of the approximately $3 million dollar contract is to reduce overall fuel usage required for tactical electrical generation by 50 percent or more.
More than 100,000 military generators are used worldwide to power services from lighting and air conditioning to computers, radios, and command and control systems. Solid oxide fuel cells convert fuel into electricity using a chemical reaction that is 30 to 50 percent more efficient than the combustion engines used in diesel generators, which are the largest consumers of fuel on the battlefield today. Because fuel cells require less fuel to create the same amount of power, they offer the potential to save billions of dollars in operational costs and to reduce the number of military casualties that are directly related to the delivery of fuel.
“Lockheed Martin shares the U.S. Department of Defense’s top goals of increasing the safety of our troops and reducing operational costs,” said Dan Heller, vice president of new ventures for Lockheed Martin Mission Systems & Sensors. “Alternative energy solutions, such as the fuel cell we are developing for the Office of Naval Research, can help mitigate these challenges, advancing the strength and flexibility of our military operating in some of the world’s toughest conditions.”
Lockheed Martin is working with Cleveland-based TMI to mature the fuel cell technology. In addition to Lockheed Martin-funded research and development, this team has received competitive grants from the Ohio Third Frontier, a program committed to creating new technology-based products, companies, industries and jobs. In 2011, Lockheed Martin became the first company to continuously operate a solid oxide fuel cell generator set for over one thousand hours on standard DoD-supplied JP-8, and remains the only company to do so to date.
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 120,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2011 were $46.5 billion.
Monday, August 6, 2012
Providing Capital and Technology, GE Advances Partnership with Enel Green Power to Build One of Minnesota’s Largest Wind Farms
Press release:
06 August 2012
06 August 2012
Providing Capital and Technology, GE Advances Partnership with Enel Green Power to Build One of Minnesota’s Largest Wind Farms
HARDWICK, Minn., Aug 6, 2012 – Expanding its partnership with global renewable energy company Enel Green Power, GE (NYSE: GE) unit GE Energy Financial Services has committed approximately $156 million in common equity for one of Minnesota’s largest wind farms, using GE turbines.
The GE unit now owns 51 percent of the 200-megawatt Prairie Rose wind project under construction in southern Minnesota. Enel Green Power North America, a subsidiary of Enel Green Power, committed approximately $149 million for a 49 percent ownership stake and serves as project manager. In addition to capital, GE signed an agreement last year with Enel Green Power North America to supply 119 of GE’s 1.68-megawatt wind turbines for the project.
The GE unit and Enel Green Power North America also raised approximately $190 million in tax equity to be provided by a syndicate led by J. P. Morgan, which includes Wells Fargo Wind Holdings LLC and Metropolitan Life Insurance Company. The tax equity will be funded at project completion and will reduce both GE Energy Financial Services’ and Enel Green Power North America’s ownership stakes in the wind farm.
“This transaction showcases GE’s ability to provide both world-class technology and flexible financing structures for our customers and advances our long-term partnership with Enel Green Power, an established renewable energy leader,” said Kevin Walsh, Managing Director of Power and Renewable Energy at GE Energy Financial Services.
The project, which is expected to cost approximately $305 million, is located near Hardwick, northwest of Luverne. Construction, managed by Minneapolis-based Mortenson Construction, is expected to be completed later this year. The wind farm will supply all of its power to Northern States Power Company, a subsidiary of Xcel Energy, under a 20-year contract. Enel Green Power North America will have the option to purchase up to an additional 26 percent ownership stake from the GE unit later in 2012 and in 2013.
The benefits of the wind project are wide-ranging. The project’s Edina-based developer and Enel Green Power’s strategic partner, Geronimo Wind Energy, estimates that the wind farm will create approximately 300 construction jobs, contribute about $850,000 annually in new county and township taxes and create about a dozen permanent jobs. Prairie Rose is expected to generate enough electricity to power 75,000 homes and displace approximately 650,000 tonnes of greenhouse gas emissions per year – equivalent to taking approximately 130,000 cars off the road – according to US Environmental Protection Agency methodology. In addition, the wind farm will help Minnesota meet its mandate to generate 25 percent of its electricity from renewable sources by 2025.
This transaction expands GE Energy Financial Services’ and Enel Green Power North America’s portfolio of co-owned wind projects. In April, the companies invested in the 235-megawatt Chisholm View wind project under construction near Hunter, Oklahoma, which also will use GE wind turbines. The GE unit and Enel Green Power North America also invested in the 101-megawatt Smoky Hills wind farm in Kansas and the 63-megawatt Snyder wind farm in Texas.
GE Energy Financial Services’ global wind portfolio now comprises equity and debt financings for projects spanning 17 US states and four other countries totaling 9.9 gigawatts in operation or under construction. GE Energy Financial Services’ wind investing supports GE’s broader ecomagination strategy to create value for customers by solving energy, efficiency and water challenges.
About GE Energy Financial Services
GE Energy Financial Services’ experts invest globally across the capital spectrum in essential, long-lived, and capital-intensive energy assets that meet the world’s energy needs. In addition to capital, GE Energy Financial Services offers the best of GE’s technical know-how, technology innovation, financial strength, and rigorous risk management. Based in Stamford, Connecticut, the GE business unit helps its customers and GE grow through new investments, strong partnerships, and optimization of its approximately $20 billion in assets. For more information, visitwww.geenergyfinancialservices.com.
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.
The GE unit now owns 51 percent of the 200-megawatt Prairie Rose wind project under construction in southern Minnesota. Enel Green Power North America, a subsidiary of Enel Green Power, committed approximately $149 million for a 49 percent ownership stake and serves as project manager. In addition to capital, GE signed an agreement last year with Enel Green Power North America to supply 119 of GE’s 1.68-megawatt wind turbines for the project.
The GE unit and Enel Green Power North America also raised approximately $190 million in tax equity to be provided by a syndicate led by J. P. Morgan, which includes Wells Fargo Wind Holdings LLC and Metropolitan Life Insurance Company. The tax equity will be funded at project completion and will reduce both GE Energy Financial Services’ and Enel Green Power North America’s ownership stakes in the wind farm.
“This transaction showcases GE’s ability to provide both world-class technology and flexible financing structures for our customers and advances our long-term partnership with Enel Green Power, an established renewable energy leader,” said Kevin Walsh, Managing Director of Power and Renewable Energy at GE Energy Financial Services.
The project, which is expected to cost approximately $305 million, is located near Hardwick, northwest of Luverne. Construction, managed by Minneapolis-based Mortenson Construction, is expected to be completed later this year. The wind farm will supply all of its power to Northern States Power Company, a subsidiary of Xcel Energy, under a 20-year contract. Enel Green Power North America will have the option to purchase up to an additional 26 percent ownership stake from the GE unit later in 2012 and in 2013.
The benefits of the wind project are wide-ranging. The project’s Edina-based developer and Enel Green Power’s strategic partner, Geronimo Wind Energy, estimates that the wind farm will create approximately 300 construction jobs, contribute about $850,000 annually in new county and township taxes and create about a dozen permanent jobs. Prairie Rose is expected to generate enough electricity to power 75,000 homes and displace approximately 650,000 tonnes of greenhouse gas emissions per year – equivalent to taking approximately 130,000 cars off the road – according to US Environmental Protection Agency methodology. In addition, the wind farm will help Minnesota meet its mandate to generate 25 percent of its electricity from renewable sources by 2025.
This transaction expands GE Energy Financial Services’ and Enel Green Power North America’s portfolio of co-owned wind projects. In April, the companies invested in the 235-megawatt Chisholm View wind project under construction near Hunter, Oklahoma, which also will use GE wind turbines. The GE unit and Enel Green Power North America also invested in the 101-megawatt Smoky Hills wind farm in Kansas and the 63-megawatt Snyder wind farm in Texas.
GE Energy Financial Services’ global wind portfolio now comprises equity and debt financings for projects spanning 17 US states and four other countries totaling 9.9 gigawatts in operation or under construction. GE Energy Financial Services’ wind investing supports GE’s broader ecomagination strategy to create value for customers by solving energy, efficiency and water challenges.
About GE Energy Financial Services
GE Energy Financial Services’ experts invest globally across the capital spectrum in essential, long-lived, and capital-intensive energy assets that meet the world’s energy needs. In addition to capital, GE Energy Financial Services offers the best of GE’s technical know-how, technology innovation, financial strength, and rigorous risk management. Based in Stamford, Connecticut, the GE business unit helps its customers and GE grow through new investments, strong partnerships, and optimization of its approximately $20 billion in assets. For more information, visitwww.geenergyfinancialservices.com.
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.
Thursday, July 26, 2012
GE Wind Turbines to Power Comexhidro Wind Farm in Santa Catarina, Mexico
Press release:
26 July 2012
26 July 2012
GE Wind Turbines to Power Comexhidro Wind Farm in Santa Catarina, Mexico
- Eight GE 2.75-Megawatt Turbines Will Generate Clean Energy for Public Lighting in Santa Catarina
- The Mexican Wind Energy Association Estimates the Country’s Wind Energy Potential at More than 50,000 Megawatts
- GE is Celebrating a Decade in the Wind Industry with 18,000 Wind Turbines Installed Worldwide
MEXICO CITY, MEXICO—July 26, 2012—GE (NYSE: GE), a leading global provider of wind energy, will provide Comexhidro eight 2.75-megawatt (MW) wind turbines that will generate clean energy for public lighting in the municipality of Santa Catarina, Nuevo León. The wind farm will help Santa Catarina, Nuevo León, reduce greenhouse gas emissions equivalent to the amount produced by 10,000 cars a year. Comexhidro, the Mexican hydroelectric company, is leading the project’s construction and operation and Conduit Capital Partners is investing in the project.
"Through the perfect combination of GE’s technology and innovative solutions, combined with our local knowledge and experience of the grid, we will be able to offer important environmental benefits and a technological solution to meet the needs of the community for an efficient and sustainable energy supply," said Carlos Jinich, general manager, Comexhidro.
GE announced this project today at its Mexico Wind Energy Forum, where civic and industry leaders discussed the opportunities and challenges of wind power in Mexico. The Mexican Wind Energy Association estimates the country’s wind energy potential at more than 50,000 MW.
"This project is a breakthrough for the country. It supports the government’s commitment to increase investment in research and infrastructure and encourage private investors to produce clean energy and help reverse the effects of climate change. This strategic vision coincides with the strong commitment of GE in innovative solutions that solve today's environmental challenges and benefit society," said Héctor Villegas, sales director of GE’s renewable energy business in Mexico.
This year, GE is celebrating a decade in the wind industry with more than 18,000 wind turbines installed worldwide that generate 28 gigawatts of power. In Mexico, GE employs more than 4,600 people, 8,800 more through its joint ventures and has 13 manufacturing plants and the largest center for advanced engineering in the country, focused on the design of energy projects. Recent energy projects announced in country using GE equipment will generate roughly 2,000 MW, or the equivalent of powering 22 million Mexican households.
About Comexhidro
Comexhidro is a Mexican hydroelectric developer and works by developing and operating hydroelectric generation projects to increase the electricity capacity in the country, save nonrenewable resources and support municipal public lighting, through a self-supply scheme.
About Conduit Capital Partners
Conduit Capital Partners is an investment firm focused on private equity investment opportunities, presented by industry of independent power in Latin America and the Caribbean.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.
Follow GE’s renewable energy business on Twitter @GErenewables.
For further information, please visit: www.ge.com/mx/ or www.ge-energy.com/wind
"Through the perfect combination of GE’s technology and innovative solutions, combined with our local knowledge and experience of the grid, we will be able to offer important environmental benefits and a technological solution to meet the needs of the community for an efficient and sustainable energy supply," said Carlos Jinich, general manager, Comexhidro.
GE announced this project today at its Mexico Wind Energy Forum, where civic and industry leaders discussed the opportunities and challenges of wind power in Mexico. The Mexican Wind Energy Association estimates the country’s wind energy potential at more than 50,000 MW.
"This project is a breakthrough for the country. It supports the government’s commitment to increase investment in research and infrastructure and encourage private investors to produce clean energy and help reverse the effects of climate change. This strategic vision coincides with the strong commitment of GE in innovative solutions that solve today's environmental challenges and benefit society," said Héctor Villegas, sales director of GE’s renewable energy business in Mexico.
This year, GE is celebrating a decade in the wind industry with more than 18,000 wind turbines installed worldwide that generate 28 gigawatts of power. In Mexico, GE employs more than 4,600 people, 8,800 more through its joint ventures and has 13 manufacturing plants and the largest center for advanced engineering in the country, focused on the design of energy projects. Recent energy projects announced in country using GE equipment will generate roughly 2,000 MW, or the equivalent of powering 22 million Mexican households.
About Comexhidro
Comexhidro is a Mexican hydroelectric developer and works by developing and operating hydroelectric generation projects to increase the electricity capacity in the country, save nonrenewable resources and support municipal public lighting, through a self-supply scheme.
About Conduit Capital Partners
Conduit Capital Partners is an investment firm focused on private equity investment opportunities, presented by industry of independent power in Latin America and the Caribbean.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.
Follow GE’s renewable energy business on Twitter @GErenewables.
For further information, please visit: www.ge.com/mx/ or www.ge-energy.com/wind
Thursday, July 12, 2012
Suffolk Life and IBM Work Together to Reduce Power and Save Money
Press release:
Suffolk Life and IBM Work Together to Reduce Power and Save Money
Smarter Computing and streamlined storage delivers improved flexibility and business agility
London - 12 Jul 2012: IBM (NYSE: IBM) today announced that Suffolk Life, one of the U.K.’s leading providers and administrators of specialist pensions, has decreased energy consumption while meeting increased customer demand after adopting IBM's Smarter Computing approach to IT several months ago. In the four weeks following completion of the project in April, overall power consumption at Suffolk Life had reduced by 37 percent, delivering projected savings of approximately £30k per year.
Suffolk Life is one of the U.K.’s leading providers and administrators of Self Invested Personal Pensions (SIPPs), administering more than 16,000 self-invested plans with gross assets in excess of £4.5 billion. IBM's Smarter Computing approach to IT is designed to provide customers greater system efficiencies and performance, while lowering costs, through the use of optimized systems. In the case of Suffolk Life, the company is now able to quickly increase infrastructure based on consumer and business demand while lowering energy consumption.
IBM upgraded and consolidated the Suffolk Life IT server and storage infrastructure to deliver increased flexibility in handling and accessing pension data across the business while significantly decreasing their carbon footprint and energy costs. The improvements also allow for easy expansion as their customer database grows.
“We are continually looking to find new ways of improving our business processes and infrastructure in order to deliver top class propositions and services for our customers,” said Ian Long, Head of Information Technology for Suffolk Life. “This project has been a resounding success for Suffolk Life. IBM delivered an updated infrastructure ahead of schedule that enabled us to significantly reduce our power consumption and associated running costs.”
IBM migrated 84 percent of the existing physical environment to a new virtualized server and storage environment, switching from HP servers to energy efficient IBM System x3650 M3 servers. As a result, Suffolk Life has consolidated the physical servers from 66 boxes to only six across two sites, plus the additional nine IBM hosts providing the new virtual environment. As well as providing a new server and storage infrastructure, the project included the migration of 60 business applications to the new environment.
“IBM has been able to apply our services expertise to provide Suffolk Life the IT flexibility needed to keep up with increased customer demand and provide the foundation of flexibility, efficiency and capacity to significantly grow the business into the future,” said Andrew Brierley, Vice President of Integrated Technology Services, IBM U.K. & Ireland.
As a result of the project, data indicates that overall power consumption at Suffolk Life has reduced by approximately 37 percent since the implementation of the new infrastructure with a potential cost saving per year of up to £30k. The power reduction seen during the first 4 weeks of running the new environment equates to almost 13 tons of C02 (12,888kg).
The System x3650 server is part of IBM’s Smarter Computing initiative. Through cloud technologies and systems optimized for their specific workload, IBM is helping organisations better access, organize, and utilize their own large amounts of data.
About Suffolk Life
Suffolk Life is one of the UK’s leading providers and administrators of specialist pension products, primarily Self-Invested Personal Pensions (SIPPs). It has total assets exceeding £4 billion. Suffolk Life owns over 2,500 properties for over 4,000 SIPP investors. All figures are as at January 2012. Suffolk Life is part of the Legal & General Group. Established in 1971 and based in Ipswich, Suffolk Life employs around 200 people and has built an enviable reputation based on its expertise and knowledge of the SIPP market.
About IBM
For more information about IBM, please visit www.ibm.com/uk/services.
Tuesday, July 10, 2012
GE Technology to Double Capacity of Vietnam Transmission Line
Press release:
10 July 2012
10 July 2012
GE Technology to Double Capacity of Vietnam Transmission Line
- U.S. Secretary of State Hillary Rodham Clinton Witnessed Contract Signing Ceremony
- GE’s Advanced Fuseless Technology Enables Efficient Power Transmission to Regions in Need
- Shipping of Capacitors to Begin in 2Q 2013
- Financing by U.S. Export-Import Bank
HANOI, VIETNAM—July 10, 2012—General Electric (NYSE: GE) signed today an equipment supply contract worth USD16.5 million with the Power Transmission Company No. 4 (PTC4), a subsidiary of the National Power Transmission Corporation (NPT), to double Vietnam’s existing power capacity through upgrading of the country’s national backbone transmission system.
GE’s series capacitor banks will be installed as part of the upgrade of the 500-kV Pleiku–Phu Lam transmission line to increase power capacity from 1,000 amps to 2,000 amps.
U.S. Secretary of State Hillary Rodham Clinton witnessed the signing of the contract in Hanoi.
“The 500-kV Pleiku-Phu Lam transmission line, which is 500 km in length, is the backbone of Vietnam’s North-to-South power transmission. Increasing the capacity of the line to transmit power across the country more efficiently will enable EVN to mobilize generation sources to more effectively meet power demand, which varies from region to region. When it comes into operation in 2013, the project is expected to supply approximately 800 megawatts to the Southern area,” said Dang Phan Tuong, chairman of the Board of Management of NPT.
GE Energy Asia Pacific President Kenji Uenishi said, “We are delighted with this opportunity to assist Vietnam meet its power needs. A healthy power infrastructure is vital to supporting economic growth. GE’s advanced equipment, services and partnership with local corporations will enable Vietnam to manage power needs more efficiently in line with efforts to enhance current infrastructure.”
Under the terms of the contract, GE will supply six series capacitor banks to NPT and provide on-site supervision for installation testing and commissioning. The project utilizes GE’s latest fuseless technology to enable a 100 percent increase in the current capacity of the existing transmission line and installed infrastructure.
GE will partner for the first time with a local corporation, 3C Company, to provide local content for the project.
Stuart Dean, GE CEO for ASEAN, said, “GE has been in ASEAN from its beginning helping countries meet their energy and power needs to accelerate development plans and competitiveness in the industrial and manufacturing sectors. We believe in making the world better and one of the ways we do this is to build world-class infrastructure.”
GE's capacitor technology is proven technology in Vietnam with the first GE banks installed in the 1990s. This is the second time GE has signed a contract directly with NPT. The first involved a similar capacitor banks installation in the 500-kV Da nang - Ha Tinh transmission line.
The U.S. Export-Import Bank is financing the project. Shipping and installation of the capacitors at the three locations will begin in the second quarter of 2013, with commercial operation set to begin in the third quarter of the year.
GE signed a memorandum of understanding in March 2011 with NPT for both companies to work together in an effort to increase Vietnam’s power transmission efficiency and expertise, while reducing the risk of power shortages.
GE’s Digital Energy business is a global leader in protection and control, communications, power sensing and power quality solutions. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to ensuring secure wireless data transmission and providing uninterruptible power, GE’s Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visit http://www.gedigitalenergy.com.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.
Follow GE Energy on Twitter @GE_Energy.
GE’s series capacitor banks will be installed as part of the upgrade of the 500-kV Pleiku–Phu Lam transmission line to increase power capacity from 1,000 amps to 2,000 amps.
U.S. Secretary of State Hillary Rodham Clinton witnessed the signing of the contract in Hanoi.
“The 500-kV Pleiku-Phu Lam transmission line, which is 500 km in length, is the backbone of Vietnam’s North-to-South power transmission. Increasing the capacity of the line to transmit power across the country more efficiently will enable EVN to mobilize generation sources to more effectively meet power demand, which varies from region to region. When it comes into operation in 2013, the project is expected to supply approximately 800 megawatts to the Southern area,” said Dang Phan Tuong, chairman of the Board of Management of NPT.
GE Energy Asia Pacific President Kenji Uenishi said, “We are delighted with this opportunity to assist Vietnam meet its power needs. A healthy power infrastructure is vital to supporting economic growth. GE’s advanced equipment, services and partnership with local corporations will enable Vietnam to manage power needs more efficiently in line with efforts to enhance current infrastructure.”
Under the terms of the contract, GE will supply six series capacitor banks to NPT and provide on-site supervision for installation testing and commissioning. The project utilizes GE’s latest fuseless technology to enable a 100 percent increase in the current capacity of the existing transmission line and installed infrastructure.
GE will partner for the first time with a local corporation, 3C Company, to provide local content for the project.
Stuart Dean, GE CEO for ASEAN, said, “GE has been in ASEAN from its beginning helping countries meet their energy and power needs to accelerate development plans and competitiveness in the industrial and manufacturing sectors. We believe in making the world better and one of the ways we do this is to build world-class infrastructure.”
GE's capacitor technology is proven technology in Vietnam with the first GE banks installed in the 1990s. This is the second time GE has signed a contract directly with NPT. The first involved a similar capacitor banks installation in the 500-kV Da nang - Ha Tinh transmission line.
The U.S. Export-Import Bank is financing the project. Shipping and installation of the capacitors at the three locations will begin in the second quarter of 2013, with commercial operation set to begin in the third quarter of the year.
GE signed a memorandum of understanding in March 2011 with NPT for both companies to work together in an effort to increase Vietnam’s power transmission efficiency and expertise, while reducing the risk of power shortages.
GE’s Digital Energy business is a global leader in protection and control, communications, power sensing and power quality solutions. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to ensuring secure wireless data transmission and providing uninterruptible power, GE’s Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visit http://www.gedigitalenergy.com.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.
Follow GE Energy on Twitter @GE_Energy.
Monday, July 2, 2012
GE’s 2.75-Megawatt Wind Turbine Technology to Power New Wind Farm on Sweden’s West Coast
News release:
02 July 2012
02 July 2012
GE’s 2.75-Megawatt Wind Turbine Technology to Power New Wind Farm on Sweden’s West Coast
- Swedish Energy Developer Triventus to Install GE’s Wind Turbines near Falkenberg
- Triventus Wind Farm Scheduled to Begin Operating in Second Quarter of 2013
- Project Illustrates Growing Popularity of GE’s Wind Energy Technology in Sweden
SALZBERGEN, GERMANY—July 2, 2012—GE (NYSE: GE) today announced that Swedish energy developer Triventus Wind Power AB will use GE’s proven wind turbine technology to power a new 27.5-megawatt (MW) wind farm project being built near Falkenberg on Sweden’s west coast.
GE will supply Triventus with 10 of its 2.75-103 wind turbines. When it begins operating, the wind farm will generate enough renewable electricity to power the equivalent of 7,500 houses in Sweden. Like other Swedish wind farms, the Triventus project will be supported through the country’s green certificate support system.
Most of Sweden’s domestically generated energy traditionally has been produced by nuclear power plants and hydroelectric facilities. However, to comply with the European Union’s Renewables Directive, Sweden is working to expand wind farm installations throughout the country, according to the Swedish Wind Energy Association.
“Given Sweden’s need to expand the role of wind energy, GE’s wind turbine technology has a proven track record of reliability and efficiency to ensure our project is successfully implemented on schedule,” said Linda Pålsson, MD Triventus Wind Power.
GE Energy will deliver the wind turbines to the project site during the first and second quarters of 2013. The wind farm is scheduled to begin commercial service in the second quarter of 2013. GE Energy also will provide maintenance support to the units under a five-year service agreement.
The Triventus project is located close to two other wind farms that also are powered by GE’s wind turbines, illustrating the widespread acceptance of GE’s wind technology in the country.
"With the 2.75 turbine, Triventus is investing into a technology that is built on the proven 2.5 platform. The solid design of this platform ensures high availability rates and with that supports the country’s renewables targets in the long run,” said Stephan Ritter, GE’s general manager for renewable energy in Europe.
In 2011, GE announced that Stena Renewable Wind Energy Company would deploy 40 of GE’s 2.5-100 units for four new wind farms in the southern Swedish municipalities of Laholm Boxholm and Mjölby.
Also in 2011, GE and Göteborg Energi began installing a 4.1-113 offshore turbine in the Gothenburg harbor in in Risholmsvägen, marking the first commercial application of GE’s 4.1-MW technology. The new turbine, which produces enough electricity to supply 3,000 Swedish homes per year, recently completed its first test run with an availability rate of over 99 percent. The test run was conducted in cooperation with Göteborg Energi and Gothenburg-based Chalmers University.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy and water-intensive industries such as mining, metals, marine, petrochemical, food and beverage and unconventional fuels.
Follow GE Energy on Twitter @GE_Energy.
GE will supply Triventus with 10 of its 2.75-103 wind turbines. When it begins operating, the wind farm will generate enough renewable electricity to power the equivalent of 7,500 houses in Sweden. Like other Swedish wind farms, the Triventus project will be supported through the country’s green certificate support system.
Most of Sweden’s domestically generated energy traditionally has been produced by nuclear power plants and hydroelectric facilities. However, to comply with the European Union’s Renewables Directive, Sweden is working to expand wind farm installations throughout the country, according to the Swedish Wind Energy Association.
“Given Sweden’s need to expand the role of wind energy, GE’s wind turbine technology has a proven track record of reliability and efficiency to ensure our project is successfully implemented on schedule,” said Linda Pålsson, MD Triventus Wind Power.
GE Energy will deliver the wind turbines to the project site during the first and second quarters of 2013. The wind farm is scheduled to begin commercial service in the second quarter of 2013. GE Energy also will provide maintenance support to the units under a five-year service agreement.
The Triventus project is located close to two other wind farms that also are powered by GE’s wind turbines, illustrating the widespread acceptance of GE’s wind technology in the country.
"With the 2.75 turbine, Triventus is investing into a technology that is built on the proven 2.5 platform. The solid design of this platform ensures high availability rates and with that supports the country’s renewables targets in the long run,” said Stephan Ritter, GE’s general manager for renewable energy in Europe.
In 2011, GE announced that Stena Renewable Wind Energy Company would deploy 40 of GE’s 2.5-100 units for four new wind farms in the southern Swedish municipalities of Laholm Boxholm and Mjölby.
Also in 2011, GE and Göteborg Energi began installing a 4.1-113 offshore turbine in the Gothenburg harbor in in Risholmsvägen, marking the first commercial application of GE’s 4.1-MW technology. The new turbine, which produces enough electricity to supply 3,000 Swedish homes per year, recently completed its first test run with an availability rate of over 99 percent. The test run was conducted in cooperation with Göteborg Energi and Gothenburg-based Chalmers University.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy and water-intensive industries such as mining, metals, marine, petrochemical, food and beverage and unconventional fuels.
Follow GE Energy on Twitter @GE_Energy.
Monday, June 11, 2012
GE and Fraunhofer Join Forces to Predict Lifetime of Power Electronics in Photovoltaic Plants
Press release:
11 June 2012
11 June 2012
GE and Fraunhofer Join Forces to Predict Lifetime of Power Electronics in Photovoltaic Plants
- GE to Collaborate on the CoMoLeFo Project on Future-Oriented Monitoring Method for Solar Inverters
- The New Technology Allows a Clearer Forecast of the Remaining Life of IGBTs in Operation
BERLIN—June 11, 2012—Solar power will play a key role in tomorrow’s energy mix in Germany. In order for the sector to grow and to ensure a good return on investment, the reliability of photovoltaic (PV) power plants is critical. Further development of PV power electronics will help improve overall plant reliability.
Constant load fluctuations burden the power electronics of solar inverters in PV plants. This increases the risk of sudden plant failure. Up to now it was almost impossible to safely predict the service life of expensive power semiconductors. GE (NYSE: GE) today announced that together with Fraunhofer Institute for Reliability and Microintegration IZM, a method to forecast the remaining life time of power electronics is being developed. The first prototype of this measurement system will be presented in Berlin in September 2012.
The achievements so far of the still ongoing joint CoMoLeFo project (Condition Monitoring für Leistungselektronik in der Fotovoltaik or Condition Monitoring for Power Electronics in Photovoltaics) are identification and detection of relevant aging mechanisms of Insulated Gate Bipolar Transistor (IGBT) power modules. IGBTs are switch elements designed for high-power levels and constitute the central component of modern inverters. Mathematical algorithms and measuring data are now able to make precise assessments concerning the condition of semiconductors during operation. This enables a forecast of the remaining life time of an IGBT and therefore conditions based maintenance. Reliability is improved and hence, the operating time can be increased significantly while expenses caused by unscheduled downtimes and consequences thereof are reduced.
"The results we have seen so far during the project enhance our knowledge of failure mechanisms and are particularly valuable both when it comes to refining simulation models and to designing new power electronics systems," notes Dr. Ing. Andreas Middendorf, head of the CoMoLeFo project at Fraunhofer Institute for Reliability and Microintegration IZM.
CoMoLeFo is based on two complementary processes: One process indirectly determines the chip temperature by measuring relevant electrical parameters of the IGBT during operation. In order to evaluate the resulting load exposure to the system, the temperature data is applied to a physics of failure model. The other process monitors the parameter shift due to aging. In this way, the remaining life time of the IGBTs can be determined by a software based remote diagnostic system. The information can be forwarded to the customer and the service company.
"CoMoLeFo will enable condition monitoring of the system. This will be accompanied by improved availability of our inverters. We will be able to offer our customers more targeted service thanks to the forecasts. This will help saving time and reducing costs for our customers," notes Dr. Georg Möhlenkamp, senior leader, product management for GE Energy’s Power Conversion business.
In addition to GE Energy and Fraunhofer Institute for Reliability and Microintegration IZM, the other companies involved in the project sponsored by TSB Berlin with RDF funds include imc Meßsysteme GmbH and Elbau Elektronik Bauelemente GmbH.
Please visit GE at the Intersolar Europe 2012 show being held June 13-15 in Munich, Germany, in hall C4, stand 476.
About Fraunhofer Institute
Fraunhofer is Europe’s largest application-oriented research organization. The research efforts are geared entirely to people’s needs: health, security, communication, energy and the environment. As a result, the work undertaken by researchers and developers has a significant impact on people’s lives. The Fraunhofer Institute for Reliability and Microintegration IZM covers the entire spectrum of technologies and services necessary for developing reliable electronics and integrating new technology into applications.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.
Follow GE Energy on Twitter @GE_Energy.
Constant load fluctuations burden the power electronics of solar inverters in PV plants. This increases the risk of sudden plant failure. Up to now it was almost impossible to safely predict the service life of expensive power semiconductors. GE (NYSE: GE) today announced that together with Fraunhofer Institute for Reliability and Microintegration IZM, a method to forecast the remaining life time of power electronics is being developed. The first prototype of this measurement system will be presented in Berlin in September 2012.
The achievements so far of the still ongoing joint CoMoLeFo project (Condition Monitoring für Leistungselektronik in der Fotovoltaik or Condition Monitoring for Power Electronics in Photovoltaics) are identification and detection of relevant aging mechanisms of Insulated Gate Bipolar Transistor (IGBT) power modules. IGBTs are switch elements designed for high-power levels and constitute the central component of modern inverters. Mathematical algorithms and measuring data are now able to make precise assessments concerning the condition of semiconductors during operation. This enables a forecast of the remaining life time of an IGBT and therefore conditions based maintenance. Reliability is improved and hence, the operating time can be increased significantly while expenses caused by unscheduled downtimes and consequences thereof are reduced.
"The results we have seen so far during the project enhance our knowledge of failure mechanisms and are particularly valuable both when it comes to refining simulation models and to designing new power electronics systems," notes Dr. Ing. Andreas Middendorf, head of the CoMoLeFo project at Fraunhofer Institute for Reliability and Microintegration IZM.
CoMoLeFo is based on two complementary processes: One process indirectly determines the chip temperature by measuring relevant electrical parameters of the IGBT during operation. In order to evaluate the resulting load exposure to the system, the temperature data is applied to a physics of failure model. The other process monitors the parameter shift due to aging. In this way, the remaining life time of the IGBTs can be determined by a software based remote diagnostic system. The information can be forwarded to the customer and the service company.
"CoMoLeFo will enable condition monitoring of the system. This will be accompanied by improved availability of our inverters. We will be able to offer our customers more targeted service thanks to the forecasts. This will help saving time and reducing costs for our customers," notes Dr. Georg Möhlenkamp, senior leader, product management for GE Energy’s Power Conversion business.
In addition to GE Energy and Fraunhofer Institute for Reliability and Microintegration IZM, the other companies involved in the project sponsored by TSB Berlin with RDF funds include imc Meßsysteme GmbH and Elbau Elektronik Bauelemente GmbH.
Please visit GE at the Intersolar Europe 2012 show being held June 13-15 in Munich, Germany, in hall C4, stand 476.
About Fraunhofer Institute
Fraunhofer is Europe’s largest application-oriented research organization. The research efforts are geared entirely to people’s needs: health, security, communication, energy and the environment. As a result, the work undertaken by researchers and developers has a significant impact on people’s lives. The Fraunhofer Institute for Reliability and Microintegration IZM covers the entire spectrum of technologies and services necessary for developing reliable electronics and integrating new technology into applications.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.
Follow GE Energy on Twitter @GE_Energy.
Monday, June 4, 2012
180 Iowa Citizens Purchase GE Wind Turbines to Support Local Farm, Community Energy Needs
Press release:
04 June 2012
04 June 2012
180 Iowa Citizens Purchase GE Wind Turbines to Support Local Farm, Community Energy Needs
- Eight GE Wind Turbines to Power 12.6-Megwatt Community Wind Initiative
- Projects’ Financial Benefits Support Local Towns
- Iowa Initiative to Serve as Model for Other Community Wind Energy Projects
- GE to Provide Maintenance Support under 10-Year Customer Service Agreements
AWEA WINDPOWER 2012Booth #2217
ATLANTA, GA.—June 4, 2012—A leading supplier of wind turbines for utility-scale wind energy projects, GE (NYSE: GE) is announcing eight of itswind turbines will power a 12.6-megawatt (MW) community wind initiative in rural southwestern Iowa. The turbines were purchased by 180 community members who each bought shares in the units.
Building off the success of two GE 1.5-MW turbines installed in the community, the wind initiative group is purchasing six 1.6-82.5 wind turbines. Combined, the eight units will generate electricity for the towns of Greenfield and Fontanelle as well as other surrounding communities in the region:
ATLANTA, GA.—June 4, 2012—A leading supplier of wind turbines for utility-scale wind energy projects, GE (NYSE: GE) is announcing eight of itswind turbines will power a 12.6-megawatt (MW) community wind initiative in rural southwestern Iowa. The turbines were purchased by 180 community members who each bought shares in the units.
Building off the success of two GE 1.5-MW turbines installed in the community, the wind initiative group is purchasing six 1.6-82.5 wind turbines. Combined, the eight units will generate electricity for the towns of Greenfield and Fontanelle as well as other surrounding communities in the region:
- The Cumberland Rose Wind Energy project, located north of Orient, will feature one 1.6-82.5 turbine, representing an expansion of Bulldog Wind’s previously installed 1.5-MW unit.
- The Meadow Ridge Wind Energy project, located north of Greenfield, will be powered by one 1.6-82.5 unit, an expansion of Wolverine Wind’s existing 1.5-MW wind turbine.
- The Wiota Wind Energy project in Wiota will feature one 1.6-82.5 turbine.
- Forward Fontanelle Power in Fontanelle will use one 1.6-82.5 unit.
- The Greenfield Wind Power and Sky Volt projects, both located in Greenfield, will each use a single 1.6-82.5 turbine.
Three of Farmers Electric Cooperative’s 11 substations, the City of Fontanelle and the City of Greenfield will purchase power from the projects. All remaining power generated will be purchased by Central Iowa Power Cooperative (CIPCO), the regional power distributor, which will provide this power to other nearby communities.
“When we developed our business model, it was critical that we select the right project partner and technology supplier to help us implement our project for the benefit of all project investors, as well as the communities where we live,” said Randy Caviness, president of Green Energy Farmers.
The state of Iowa offers a 10-year tax credit for small wind power projects that generate less than 2.5 MW. Local counties where the projects are being built offer property tax incentives for the first seven years.
Each turbine provides benefits from tax credits, land lease royalty payments, property taxes and dividends totaling $1.08 million annually over a period of 10 years. All of the financial benefits, in addition to the shareholders’ annual dividends, go back to the community, underscoring one of the critical advantages of the projects for the area.
GE also will provide maintenance support for the turbines under 10-yearcustomer service agreements to ensure the long-term availability of the turbines.
“10 percent of U.S. states generate more than 10 percent of their electricity from wind, with Iowa as one of the leaders at 19 percent,” said Vic Abate, vice president of renewable energy for GE. “The community wind energy initiative in Iowa represents an important model for other towns and communities to learn from.”
Iowa is the country’s second largest producer of wind energy with 4,495 MW of installed generating capacity, according to the Iowa Wind Energy Association. Iowa also is the nation’s leading employer of wind energy jobs. The state has nine international manufacturing companies supporting the wind industry and 200 other companies in the supply chain.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.
Follow GE Energy on Twitter @GERenewables.
“When we developed our business model, it was critical that we select the right project partner and technology supplier to help us implement our project for the benefit of all project investors, as well as the communities where we live,” said Randy Caviness, president of Green Energy Farmers.
The state of Iowa offers a 10-year tax credit for small wind power projects that generate less than 2.5 MW. Local counties where the projects are being built offer property tax incentives for the first seven years.
Each turbine provides benefits from tax credits, land lease royalty payments, property taxes and dividends totaling $1.08 million annually over a period of 10 years. All of the financial benefits, in addition to the shareholders’ annual dividends, go back to the community, underscoring one of the critical advantages of the projects for the area.
GE also will provide maintenance support for the turbines under 10-yearcustomer service agreements to ensure the long-term availability of the turbines.
“10 percent of U.S. states generate more than 10 percent of their electricity from wind, with Iowa as one of the leaders at 19 percent,” said Vic Abate, vice president of renewable energy for GE. “The community wind energy initiative in Iowa represents an important model for other towns and communities to learn from.”
Iowa is the country’s second largest producer of wind energy with 4,495 MW of installed generating capacity, according to the Iowa Wind Energy Association. Iowa also is the nation’s leading employer of wind energy jobs. The state has nine international manufacturing companies supporting the wind industry and 200 other companies in the supply chain.
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.
GE Energy works connecting people and ideas everywhere to create advanced technologies for powering a cleaner, more productive world. With more than 100,000 employees in over 100 countries, our diverse portfolio of product and service solutions and deep industry expertise help our customers solve their challenges locally. We serve the energy sector with technologies in such areas as natural gas, oil, coal and nuclear energy; wind, solar, biogas and water processing; energy management; and grid modernization. We also offer integrated solutions to serve energy- and water-intensive industries such as mining, metals, marine, petrochemical, food & beverage and unconventional fuels.
Follow GE Energy on Twitter @GERenewables.
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