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Press Release

Studie zur notwendigen Weiterentwicklung des deutschen Strommarktdesigns

November 15, 2022
  • Die Studie von Frontier Economics und GE Gas Power bewertet das derzeitige Strommarktdesign und die damit verbundenen Risiken im Hinblick auf das Klimaziel und die Ziele der Energiesicherheit
  • Die Autoren betonen die Notwendigkeit schneller Investitionen in dekarbonisierte Gasturbinen als Reservekapazität zur Ergänzung des wachsenden Anteils erneuerbarer Energien auf dem Weg zur Klimaneutralität
  • Sie empfehlen unter anderem, die Transparenz und Liquidität des derzeitigen Marktdesigns zu erhöhen und eine Vergütung für die Angemessenheit des Systems einzuführen
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    For media inquiries, please contact:

    Hendrik Köstens
    FH
    [email protected]

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Press Release

Study on the Need to Evolve German Power Market Design

November 14, 2022
  • Study by Frontier Economics and GE Gas Power evaluates current power market design and associated risks against climate target and energy security objectives
  • Findings focus on need of rapid investments in decarbonized gas turbines as backup capacity to complement growing shares of renewables on a path to net zero
  • Recommendations include the need to increase transparency and liquidity in the current market design and implementation of remuneration for system adequacy

 

For media inquiries, please contact:

Hendrik Köstens
FH
[email protected]
Csilla Kövesdi
GE Gas Power
[email protected]

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Press Release

EGAS, Seasplit Technologies & GE Announce MOU for the Industrial Decarbonization of the Gulf of Suez

November 14, 2022

Signing took place on the sidelines of ‘Decarbonization Day’ at COP27


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Six Businesses Launch Corporate Coalition for Innovation & Technology toward Net Zero

November 08, 2022
  • Corporate Coalition for Innovation & Technology toward Net Zero (CCITNZ) to partner with governments, international organizations and others in industry to help countries meet decarbonization and climate change goals.
  • Founding members include Bechtel, GE, GM, Honeywell, Invenergy and Johnson Controls.

Sharm El Sheikh, Egypt, November 8, 2022 – A coalition of six global companies today announced the public launch of the Corporate Coalition for Innovation & Technology toward Net Zero (CCITNZ), a cross-sector business alliance dedicated

For media inquiries, please contact:

Jeff Caywood
Director, Sustainability & Headquarters Communications
GE
+1 857 337 4101
+1 617 443 2993
[email protected]

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GE Gas Power and Shell sign Development Agreement to collaborate on LNG Decarbonization Pathway Using Hydrogen

November 07, 2022
  • GE will collaborate with Shell to develop potential lower-carbon solutions aiming to reduce the carbon intensity of Shell’s LNG supply projects around the world
  • Under this agreement, GE will accelerate development for the use of 100% hydrogen as a low carbon fuel for gas turbines
  • Focus will be on hydrogen solutions for B&E class gas turbines used in LNG and power generation applications

Atlanta, GA; November 7, 2022 – GE Gas Power (NYSE: GE) and Shell Glob


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Press Release

GE together with Korea’s DL E&C and CARBONCO to Develop Roadmap for Carbon Capture in Gas Power Plants in Asia and Oceania

October 28, 2022
  • Carbon capture, utilization, and storage (CCUS) is a crucial pathway to lowering carbon emissions from power generation to near-zero levels
  • MoU to align GE’s expertise in combined cycle power plant integration and DL E&C and CARBONCO’s leadership in CCUS technology
  • Collaboration to target GE’s gas-fired fleet across Asia and pave the way for customers to pursue the adoption of CCUS technologies

Seoul, Korea – October 28, 2022— GE Gas Power (NYSE: GE) today announced the signing of a Memorandum o


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GE Announces H-Class Gas Turbine Order from ENEVA to Support Energy Transition in Brazil

October 13, 2022
  • GE’s highly efficient, reliable, and advanced H-Class combined cycle power plant is the most responsive and flexible in the industry
  • Eneva’s Azulão GE 7HA.02 power plant will deliver up to 350 megawatts (MW) of reliable reserve power to help stabilize the grid and support renewable growth in Brazil
  • Advancements in hydrogen-based fuels and carbon capture and sequestration (CCS) solutions enable gas turbines to represent a long-term investment

Atlanta, GA, October 13 2022— GE (NYSE:


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GE Is Awarded $6.6 Million in US Federal Funding to Develop Breakthrough Technologies to Help Achieve 100% Hydrogen Combustion in GE’s F-Class Gas Turbines

October 11, 2022
Press Release

NTPC and GE Gas Power Sign MoU for Demonstrating Hydrogen co-firing in Gas Turbines to Further Decarbonize Power Generation

October 06, 2022
  • In a first-of-its-kind MoU with NTPC in India, GE Gas Power and NTPC will collaborate to demonstrate feasibility for carbon intensity reduction at NTPC’s Kawas gas power plant in Gujarat
  • The 645 megawatt (MW) gas power plant is powered by four GE 9E gas turbines
  • NTPC and GE to explore hydrogen co-firing blended with natural gas in GE’s 9E gas turbine installed at the power plant

New Delhi, India, October 6, 2022 — In its efforts to adopt advanced powering technology to decarbonize power generation in India, NTPC Ltd

For media inquiries, please contact:

Aditya Singh
[email protected]
Geetanjali Nehru
[email protected]

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Swiss Federal Office of Energy Orders 250 Megawatts of GE Mobile Power Equipment for Critical Winter Demand in Switzerland

October 06, 2022
  • Eight of GE’s trailer-mounted TM2500* aeroderivative gas turbines are expected to provide approximately 250 megawatts of fast power
  • The temporary reserve power plant is expected to run from February 2023 until end of April 2026
  • GE’s flexible TM2500 units will be installed at GE’s manufacturing site in Birr, 30 kilometers east of Zurich

Baden, Switzerland, 6 October 2022 — GE Gas Power (NYSE: GE) today announced it has secured an order from the Swiss Federal Office of Energy (SFOE) for the rental


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