Continuing its commitment to deliver solutions to help power producers remain competitive in a dynamic energy marketplace, GE’s Power Services business (NYSE: GE) has expanded its Advanced Gas Path (AGP) capabilities around the world. Over the past several years, GE’s AGP technology has been installed on 435 units across four of its gas turbine fleets, generating $775 million a year in benefits to power producers and the markets they serve in 39 countries on five continents.
“Our high-performing AGP solutions have been proven around the world for nearly a decade by improving gas plant performance and competitiveness to help meet growing power demands,” said Scott Strazik, president and CEO of GE’s Power Services business. “AGP is delivering benefits on a global scale to our customers in mature markets such as the United States and Western Europe, where efficiency and flexibility are crucial. At the same time, AGP is helping our customers in growing markets like the Middle East, Africa, Asia, China and Eastern Europe, where they need more megawatts for industrial use and the grid.”
Today, GE announced three milestones with its AGP technology: an agreement to upgrade gas turbines in Italy, as well as two installations at power plants in Iraq and Turkey.
GE’s AGP solution has delivered significant market-based benefits around the globe, including providing about 7 gigawatts of additional power capacity. AGP is generating nearly 19.4 million additional megawatt-hours (MWh) of power a year, which is enough to power approximately 2 million homes.
Source: General Electric (GE)
Date: Apr 4, 2018