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Press Release

GE Continues to Modernize Generator Units of Paks Nuclear Power Plant to Help Boost Reliability of Hungary's Only Nuclear Station

January 31, 2017
  • GE Completes the Fifth Generator Rotor Refurbishment as Part of Multiyear Services Agreement for Paks Nuclear Power Plant in Hungary
  • Modernization Planned to Help Extend the Unit’s Operating Life and Reliability to Support Hungary’s Growing Electricity Demands 
  • Project Highlights GE’s Expanded Capabilities to Provide Services for Other Original Equipment Manufacturers’ Generators in Nuclear Power Plants


BADEN, SWITZERLAND-January 31, 2017-GE’s Power Services (NYSE: GE) today announced it has successfully modernized the fifth generator at the 2,000-megawatt (MW) Paks Nuclear Power Plant, located 100 kilometers (62 miles) from Budapest, Hungary. The generator refurbishment of the nation's only nuclear power station is expected to extend the asset’s life and help increase the reliability of the plant. It also demonstrates GE’s capabilities to service cross-fleet power generation equipment across more than 90 brands. This generator refurbishment is part of GE’s agreement to service eight generators-one per year through 2021.

“We are very excited to complete the fifth generator modernization and extend its life 20 years helping to support Hungary’s growing electricity needs,” said Pascal Schweitzer, general manager, GE’s Power Services, Europe. “The project showcases our ability to service other OEM generators in existing nuclear power plants as well as our readiness to support modernizing Paks’ station generators.”

As part of the agreement, which began in 2013 and runs through 2021, GE will service the station’s eight, 250-MW, Ganz-supplied generators in the station’s four nuclear reactor units (Paks units 1-4), plus one spare generator. The generators were commissioned between 1982 and 1987.

GE performed the work at its generator services facility in Budapest, utilizing the skills and expertise of both the GE Hungary teams as well as several local subcontractors. High-speed balancing of the generators is performed at GE’s services facility in Wroclaw, Poland, underscoring the company’s regional supply chain capabilities and expertise.

GE is a global leader in services for the global nuclear power industry. It has completed retrofits on 257 steam turbines installed at 103 nuclear power plant units. While GE Hitachi Nuclear Energy, the nuclear joint venture of GE and Hitachi, is one of the world’s leading technology and services providers for boiling water reactor stations, the Paks generator projects showcase GE’s enhanced ability to service steam turbine-generators and other equipment for pressurized water reactor (PWR) units, the nuclear industry’s largest reactor segment.

About Paks Nuclear Power Plant

The Paks Nuclear Power Plant, owned and operated by MVM Paks Nuclear Power Plant Ltd., a subsidiary of state-owned MVM Hungarian Electricity Ltd (Magyar Villamos Művek, MVM), consists of four Russian-supplied VVER-440 type PWRs. In 2012, Paks Unit 1’s operating life was extended to 2032 and Unit 2’s operation was later extended to 2034. Units 3 and 4 are expected to be granted similar operating extensions.

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.

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 Follow GE Power on Twitter @GE_Power and on LinkedIn at GE Power.

About GE’s Power Services

GE’s Power Services, 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.

For more information, please visit Follow GE’s Power Services on Twitter @GEPowerServices and on LinkedIn at GE Power Services.

Laura Aresi
GE Power - Power Services
[email protected]
+39 02 67335622

Tom Murnane
Soteryx Corporation
[email protected]
+1 518 886 1076

Beth Coffman
Soteryx Corporation
[email protected]
+1 518 886 1076

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