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GE’s Advanced Gas Path Upgrades Generate $775 Million in Total Customer Value Annually

April 4, 2018 10:00 AM

BADEN, Switzerland--(BUSINESS WIRE)-- 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.

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Advanced Gas Path-Delivering value for power producers, their communities and industrial customers.

Advanced Gas Path-Delivering value for power producers, their communities and industrial customers.

“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.

With AGP upgrades, GE 9F gas turbines can achieve up to an 8 percent output increase and up to a 2 percent efficiency increase, whereas GE 6F gas turbines can realize up to a 4.2 percent output increase and up to a 1.2 percent efficiency increase. GE's 9E gas turbine operations with AGP upgrades have achieved up to a 6.2 percent output increase and up to a 1.7 percent efficiency increase.

About GE

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power

GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable. For more information, visit the company's website at www.gepower.com.

About GE’s Power Services

GE’s Power Services, headquartered in Baden, Switzerland, delivers world-class service solutions for our customers across total plant assets and their operational lifetimes. This organization supports 2,800+ customers worldwide with an installed base of 28,000+ power generation assets across 90+ brands of power generation equipment and taps into the Industrial Internet to improve the performance of our solutions over the entire life cycle through the power of software and big data analytics.

GE Power - Power Services

Laura Aresi, +39 02 67335622

Global Media Relations Leader

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Soteryx Corp.

Gina DeRossi, +1-518-866-1076

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Source: GE Power

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