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GE’s Power Services Business Signs Agreement with Dynegy to Modernize Four Power Plants with Hardware Technologies and Software Solutions - GE’s Power Services business announced Dynegy, Inc. is installing GE hardware and software equipment to upgrade and modernize four of its power plants three of which the company recently purchased [NYSE: DYN] - Dynegy.com / GEPower.com
GE’s Power Services Business Signs Agreement with Dynegy to Modernize Four Power Plants with Hardware Technologies and Software Solutions

 

PRZOOM - /newswire/ - Las Vegas, NV, United States, 2015/12/08 - GE’s Power Services business announced Dynegy, Inc. is installing GE hardware and software equipment to upgrade and modernize four of its power plants three of which the company recently purchased [NYSE: DYN] - Dynegy.com / GEPower.com. NYSE: GE

   
 
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• Upgrades Result in a Combined 210-Megawatt Output Increase;
• GE’s OpFlex Software Implemented to Improve Output at Dynegy’s Power Stations in Ohio, Pennsylvania and New York.​

GE’s Power Services business today announced Dynegy, Inc., a leading independent power producer (IPP) with 35 power stations in eight states across the competitive power generation sector, is installing GE hardware and software equipment to upgrade and modernize four of its power plants three of which the company recently purchased. Dynegy is upgrading the plants to enhance their reliability and increase their output by a total of 210 megawatts (MW), thereby potentially boosting the IPP’s revenue.

“Dynegy is always looking for ways to economically increase output, reliability and efficiency at our power stations while upholding our commitment to safety and environmental responsibility,” said Marty Daley, executive vice president, Dynegy. ”Through our collaboration with GE, Dynegy is upgrading four of our facilities with some of the latest technologies to achieve these goals.”

For the projects, GE will supply a total of eight sets of Advanced Gas Path (AGP) upgrades and GE’s OpFlex• Peak Fire software for the fleet of 7FA.03 gas turbines at Dynegy’s Hanging Rock Energy Facility and Washington Energy Facility in Ohio and the Fayette Energy Facility in Pennsylvania.

In addition to those recently acquired stations, Dynegy also is upgrading its Independence Energy Facility in Oswego, New York, with four sets of AGP hardware to boost output and enhancing compressor performance and reliability through the installation of new compressors and stators.

“Dynegy was one of GE's early adopters for 7F Advanced Gas Path gas turbine technology, and their decision to implement additional upgrades clearly speaks to the success of this technology and our collaboration together," said Paul McElhinney, president and CEO of GE’s Power Services business. “Dynegy’s upgrade projects illustrate how more utilities are using our customized software and hardware solutions such as AGP and OpFlex software to increase the efficiency and reliability of their mature power plants."

With GE’s OpFlex Peak Fire, power plant capacity can be expanded by boosting baseload output by up to 8 percent, enabling customers to capture higher peak demand revenue. The company’s full suite of OpFlex software solutions can help reduce fuel consumption to lower operating costs at part-load conditions, extend turndown while maintaining emissions compliance to improve availability, increase output to capture new revenue opportunities, decrease start time and fuel costs to economically respond to cyclical power demands and shorten outages and increase availability through an intelligent control system.

The AGP and compressor components for the upgrades will be supplied by GE’s gas turbine facility in Greenville, South Carolina. The first two units were upgraded in the fall of 2015 and work is expected to be completed by the fall of 2016.

About Dynegy
We are committed to leadership in the electricity sector. With nearly 26,000 megawatts of power generation capacity and two retail electricity companies, Dynegy is capable of supplying 21 million homes with safe, reliable and economic energy. Homefield Energy and Dynegy Energy Services are retail electricity providers serving businesses and residents in Illinois, Ohio, and Pennsylvania.

About GE
GE (ge.com) 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.

About GE Power
GE Power (gepower.com) 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.

About GE’s Power Services Business
GE’s Power Services business, headquartered in Baden, Switzerland, delivers world-class 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, which includes other OEMs, 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.

 
 
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GE’s Power Services Business Signs Agreement with Dynegy to Modernize Four Power Plants with Hardware Technologies and Software Solutions

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Dynegy’s Power Stations | GE Power
Contact: Laura Aresi - GE Power & Water 
+39 02 67335622 laura.aresi[.]ge.com
 
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