FLORENCE, ITALY AND SEVILLE, SPAIN - November 9, 2009 - GE Oil & Gas' advanced steam turbine technology has been selected as a finalist in CSP Today's concentrated solar power (CSP) awards competition being held in Seville, Spain on November 11th during the 3rd EU Concentrated Solar Thermal Power Summit.
GE Oil & Gas is shortlisted in the 'best applied research and development' category for its innovative steam turbine technology that is driving several successful CSP projects in Spain.
Specifically, GE is developing more robust steam turbines to improve the overall efficiency and reliability of parabolic-trough and solar tower-mirrored CSP plants. This is particularly important because CSP plants shut down when the sun sets and restart when the sun rises. Consequently, CSP steam turbines must be able to withstand a wide steam-flow range and extremely high number of start-up/shut-down cycles -- ten times the number in traditional turbine applications.
In addition to the challenging mechanical design of the machine, the market also requires high values of efficiency comparable to large electricity production plants. The advanced mechanical design of GE Oil & Gas steam turbines enables CSP customers to benefit from all of these capabilities in one single solution.
Robert Moreau, Industrial Power Generation Platform Manager at GE Oil & Gas said: "We are delighted to have been selected as a finalist for a CSP Today award. Our steam turbine technology is playing an important role in the continued development of CSP projects in Spain and other countries seeking innovative solutions to address their renewable energy production objectives."
Since 2007, GE's steam turbine technology has powered Abengoa S.A.'s 11-MW, PS10 plant in Seville, representing Europe's largest power tower CSP facility. GE's technology is also supporting several other CSP projects in Spain, including Acciona Energy's Palma Del Rio I and II plants and several new plants under construction throughout the Murcia region.
CSP Today, the leading provider of information about the CSP industry, is sponsoring the summit's inaugural technology awards program, which will showcase the European Union's top CSP applications. The summit will convene more than 500 representatives of leading companies and governments involved in promoting the use of CSP technologies around the world.
About GE Oil & Gas
GE Oil & Gas (www.ge.com/oilandgas) is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. We also provide pipeline integrity solutions, including inspection and data management. As part of our 'Innovation Now' customer focus and commitment, GE Oil & Gas leverages technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 100 countries.
About GE
GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health, to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com. GE is Imagination at Work.
Ken Darling
Masto Public Relations
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1-518-786-6488
Sara Hassett
GE Oil & Gas
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+39-055-423-3361
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Masto Public Relations
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