General Electric lines up 10 orders for aeroderivative gas turbines

CINCINNATI—July 15, 2015—GE (NYSE: GE) announced today that it has secured 10 orders of its LMS100* aeroderivative gas turbine with two customers in North America in 2Q 2015. These recent successes have resulted in the backlog for LMS100 technology to be in excess of $450 million for GE Power & Water’s Distributed Power business.

The 10 units—five LMS100-PA gas turbine units and five LMS100-PA+ gas turbine units—have been ordered by two American customers. With up to 116 megawatts (MW) of total power output, the LMS100-PA+ is the latest model to be offered for customers. It provides more than 10 percent increased power output without any increase in emissions. In addition, the LMS100 turbine achieves simple-cycle efficiency of 44 percent, greater than any other gas turbine available today.

The units will be installed in the southwestern U.S. to support grid stability as new renewable energy is added, and they will replace older gas-fired steam turbine generator systems. The LMS100 was designed to provide flexible and reliable distributed power, in part to help offset grid fluctuations; it can ramp from zero to 50 MW of power in one minute and zero to full power in less than 10 minutes.

“The LMS100’s outstanding simple-cycle efficiency, coupled with its extensive flexibility and reliable design, has made it one of the preferred solutions for our power generation customers across the Americas,” said Lorraine Bolsinger, president and CEO of GE’s Distributed Power business. “There are more than 50 units operating successfully around the globe today, and as our customers continue to expand their renewable energy portfolios, we believe that LMS100 technology will be necessary to support the electrical grids of the future. We expect orders to continue to grow.”

Apart from its stellar efficiency, LMS100 technology provides an industry-leading reliability of 99.8 percent, with more than 340,000 successful combined operating hours across the fleet. Each LMS100 model is Ecomagination-qualified* and is estimated to reduce carbon dioxide emissions by more than 31,000 metric tons, or the equivalent amount of carbon dioxide consumed by 20,000 acres of forest, compared to a typical simple-cycle 100-MW gas turbine plant each year.

About GE’s Distributed Power Business

GE Power & Water’s Distributed Power business is a leading provider of power equipment, engines and services focused on power generation at or near the point of use. Distributed Power’s product portfolio includes highly efficient industrial reciprocating engines and aeroderivative gas turbines that generate 100 kW to 116 MW of power for numerous industries globally. In addition, Distributed Power offers life cycle services and support for more than 39,000 distributed power products worldwide to help customers meet their business challenges—anywhere and anytime.

Headquartered in Cincinnati, Ohio, Distributed Power employs about 4,500 people around the world.

About GE

GE (NYSE: GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world.

About GE Power & Water

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

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