Seoul, South Korea: April 8, 2024 - GE Vernova’s Gas Power business (NYSE: GEV) today announced it has secured an order from Korea Western Power Co.,Ltd (KOWEPO),a subsidiary of Korea Electric Power Corporation (KEPCO), to provide a GE Vernova 7HA.02 gas turbine and a H65 generator for KOWEPO’s power station in Gongju-si, Chungcheongnam-do Republic of Korea. For the project GE Vernova is part of an international consortium, including the Korean engineering, procurement and construction (EPC) company Daewoo E&C.

KOWEPO’s aged coal-fired plant is expected to be replaced with Gongju-si natural gas power generation, expected to reach an output of 500 Megawatts, while enabling future fuel mix combustion of up to 30 percent by volume of hydrogen, subject to the development of a hydrogen manufacturing industry of an appropriate size and scale.

“This power plant will add new capacity, expected to increase power supply security in South Korea while continuing to phase out coal power generation. In addition, it will help expand a more reliable deployment of renewable energy resources in our country as we’ll be more capable to dispatch power quickly in response to grid fluctuations,” said a representative from KOWEPO. “The new power plant will be capable to operate on up to 30% hydrogen by volume, in line with the national goal to deploy renewables and green hydrogen at large scale and achieve carbon neutrality by 2050.”

The new power plant targets to begin operation in 2027. Switching from a coal plant to its gas equivalent can alone reduce carbon emissions by as much 60 percent, and lower emissions levels for other pollutants such as mercury, NOx, SOx and particulate matter, when using one of the most advanced of GE Vernova’s HA gas turbines.

“In a country with an increasing power demand due to planned coal-fired power plant retirements, we are proud to support a lower-carbon future in Korea,” said Ramesh Singaram, President and CEO GE Vernova’s Gas Power in Asia. “We are committed to providing KOWEPO with our advanced gas turbine technology to accelerate coal phase-out and support an increase in the share of renewables as we work towards lower-carbon gas-based power generation with hydrogen. Once in operation, Gongju-si power plant is expected to be among the most efficient and flexible power plants in the country.”

GE Vernova is a major player in power generation in South Korea. GE Vernova ’s gas turbines (simple and combined cycle) in the country have the capacity to generate more than 14 Gigawatts of electricity with an installed base of over 78 units. The company has been present in South Korea since 1976, working closely with local companies to support the country’s growth in the energy sector. In 2015, GE Vernova undertook a large-scale manufacturing plant investment in Changwon, South Korea, by acquiring Doosan’s HRSG business.

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Forward Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

• Net-Zero Teesside (NZT) Power is expected to be one of the first gas-fired power stations of its kind - fully integrated with carbon capture technology.
• Consortium and technology selection marks an important next step towards the proposed development of bp’s NZT Power project in the UK, aiming to capture up to 2 million tonnes of CO2 per year.
• Project is expected to provide flexible, dispatchable low-carbon power equivalent to the average electricity requirements of around 1.3 million UK homes, and to progress the deployment of carbon capture technology in line with the UK Government’s net-zero programme.

Technip Energies (PARIS: TE), leader of a consortium with GE Vernova, and construction partner, Balfour Beatty, received a Letter of Intent from bp, on behalf of NZT Power Limited for the execution phase of the Net Zero Teesside Power (NZT Power) in the United Kingdom.

This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year. The project is set to provide flexible, dispatchable low-carbon power equivalent to the average electricity requirements of around 1.3 million UK homes, further supporting the nation's transition to a cleaner energy future.

The NZT Power project is also a key component of the Carbon Capture, Usage and Storage (CCUS) East Coast Cluster and has been shortlisted for government funding support as part of the UK's net-zero programme. This selection follows the Development Consent Order recently having been granted by the Secretary of State for the Department for Energy Security and Net Zero.

The Technip Energies and GE Vernova consortium, supported by leading infrastructure group Balfour Beatty, will play an important role constructing a highly efficient combined cycle plant. It will be powered by an advanced GE Vernova 9HA.02 gas turbine, a steam turbine, a generator and a Heat Recovery Steam Generator (HRSG), which will integrate with a state-of-the-art carbon capture plant using Technip Energies’ Canopy by T.ENTM solution powered by the Shell CANSOLV® CO2 capture technology.

Technip Energies, GE Vernova, and Balfour Beatty, supported by Shell in the UK are forming the Carbon Capture Alliance (CCA). The alliance members are deeply committed to long-term investment in the UK, with members already possessing a significant UK footprint and a mature UK supply chain.

In March 2023, the UK government announced up to £20 billion to support the initial deployment of CCUS, focused on creating four clusters by 2030, including the East Coast cluster which includes Teesside. Government analysis shows that up to 10 gigawatts of power CCUS could be needed in order to decarbonise the UK power sector by 2035 (10GW is around 10% of the total UK electricity system today).

Arnaud Pieton, CEO of Technip Energies, commented, “Our selection for the Net Zero Teesside Power project is a testament to Technip Energies growing leadership position as an integrated state-of-the-art CCUS solutions provider. By capturing up to 2 million tonnes of CO2 at a large power plant, we collectively rise to the challenge of scale by providing sustainable and available energy at a large scale. With our partners GE Vernova and Balfour Beatty, we are honoured to contribute to this flagship project that supports bp and the UK in their goal of developing one of the first decarbonised industrial clusters in the world.”

Maví Zingoni, CEO, Power at GE Vernova, commented: “The development of Net Zero Teesside Power, one of the world’s first commercial scale gas-fired power stations with carbon capture, marks a huge step towards supporting the UK government’s commitment to fully decarbonise its power system by 2035. GE Vernova will help bring proven expertise in natural gas combined cycle plant engineering, operability, and full-scale integration to support carbon abatement for this project. We believe post-combustion carbon capture can play a crucial role in reducing emissions and ensuring dispatchable power in the future.”

Leo Quinn, CEO of Balfour Beatty Group, said: “Today’s announcement takes us a step closer to realising one of the world’s first commercial scale gas-fired power stations with carbon capture . It’s a significant milestone in delivering the critical infrastructure needed to transition the UK to Net Zero. Balfour Beatty’s market leading capabilities, underpinned by our unrivalled experience and proven track record in delivering complex infrastructure projects, means we are perfectly positioned to support the delivery of this critical project alongside Technip Energies and GE Vernova – proving on the world-stage that the UK is primed and ready to lead the way in decarbonising our industrial footprint.”

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About Technip Energies 
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.

Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”). For further information: www.ten.com.

About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 100+ countries around the world. GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

About Balfour Beatty 
Balfour Beatty is a leading international infrastructure group with over 25,000 employees driving the delivery of powerful new solutions, shaping thinking, creating skylines and inspiring a new generation of talent to be the change-makers of tomorrow.

We finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

Over the last 114 years we have created iconic buildings and infrastructure all over the world. Currently, we are working to deliver Hinkley Point C, the first UK nuclear power station in a generation; constructing the world-class arts and cultural facility, the Lyric Theatre, in Hong Kong; and designing, building, financing, operating and maintaining the Automated People Mover superstructure at the fifth busiest airport in the world, Los Angeles International Airport.

Important Information for Investors and Securityholders

Forward-Looking Statement

This Press Release contains forward-looking statements that reflect Technip Energies’ (the “Company”) intentions, beliefs or current expectations and projections about the Company's future results of operations, anticipated revenues, earnings, cashflows, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are often identified by the words “believe”, “expect”, “anticipate”, “plan”, “intend”, “foresee”, “should”, “would”, “could”, “may”, “estimate”, “outlook”, and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on the Company’s current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on the Company. While the Company believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Company will be those that the Company anticipates.

All of the Company’s forward-looking statements involve risks and uncertainties, some of which are significant or beyond the Company’s control, and assumptions that could cause actual results to differ materially from the Company’s historical experience and the Company’s present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.

For information regarding known material factors that could cause actual results to differ from projected results, please see the Company’s risk factors set forth in the Company’s 2022 Annual Financial report filed on March 10, 2023, with the Dutch Authority for the Financial Markets (AFM) and the French Autorité des Marchés Financiers which include a discussion of factors that could affect the Company's future performance and the markets in which the Company operates. Please also see Section 1.3 (Principal Risks and Uncertainties) of the Company's 2023 Half-Year Report which was filed with the AFM and the AMF on July 27, 2023.

Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. The Company undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.

The world needs a breakthrough to lower emissions from heavy industry, and a solution may be brewing in Japan. IHI Corporation, one of the country’s oldest manufacturers, and GE Vernova have teamed up in recent years to work to unlock the secrets of ammonia. Under their latest joint development agreement, signed on Christmas Day 2023, the companies will work for the next two years developing technology to combust ammonia in turbines that normally run on natural gas.

It was in the southwestern German city of Stuttgart in the 1880s that Karl Benz devised what is considered the first automobile, the Benz Patent-Motorwagen No. 1. ­­­­­Today Stuttgart serves as the headquarters of automakers like Mercedes-Benz and Porsche, making the city synonymous with speed. So it’s fitting that Stuttgart is now one of the sites where the country is racing ahead of the pack in one of the 21st century’s biggest industrial challenges.

• Duke Energy’s DeBary plant is expected to become among the first commercially operational power plants to produce, store, and use green hydrogen for peaking power applications
• GE Vernova will support the full-scale integration of the gas turbine with green hydrogen including the upgrade of the existing GE 7E gas turbine installed onsite

Volusia, Florida - November 7, 2023 - GE Vernova’s Gas Power business (NYSE: GE) today announced that it will support the development of an end-to-end green hydrogen system that Duke Energy plans to build and operate at its DeBary plant, located in Volusia County, Florida near Orlando. When operational in 2024, the new hydrogen system will provide peak power to Duke’s customers at times of increased electricity demand.

The plant will be the first in the nation and among the world’s first power plants to produce and use green hydrogen to power a gas turbine for peaking power applications, when the grid requires additional electrical generation to meet demand. The production, storage, and end-use will be co-located at the DeBary power plant.

GE Vernova will support the integration of the turbine with green hydrogen, including the upgrade on one of the four GE 7E gas turbines installed at the site to accommodate hydrogen fuel blends of significant volumes. This will be the first commercial operation of this ability.

The DeBary Hydrogen Project will leverage Duke Energy’s installed solar array to operate electrolyzers to create green hydrogen, which will be stored on-site. Then, the green hydrogen will be used to power the gas turbine with up to 100% hydrogen fuel to support periods of peak demand for electricity.

“This first-ever, commercial operation of a gas turbine on 100% hydrogen will be a groundbreaking achievement for Duke Energy and for our industry. Our existing solar field and gas turbines at DeBary provide a unique opportunity for us to produce green hydrogen, store it onsite and then combust it to ensure reliable service when electricity demand is high,” said Regis Repko, Duke Energy’s senior vice president of generation and transmission strategy. “This combination of technologies will allow gas turbines to become decarbonized, dispatchable assets that support the addition of more renewables to our grid, and we appreciate the opportunity to collaborate on such an innovative project with GE Vernova and others.”

Demand for energy in the United States and globally is increasing rapidly, making it even more challenging to rely solely on intermittent, renewable energy to keep the power grid operational when the wind is not blowing, or the sun is not shining. However, hydrogen produced from excess renewable energy during optimal generation conditions and stored for later use by gas turbines can provide a unique mechanism to help ensure reliable, affordable, and more sustainable electricity generation.

“GE Vernova is thrilled to work closely with Duke Energy on this project, which is a perfect example of the interplay opportunities between renewable energy and efficient gas-fired combustion technologies and exhibits how gas turbines are an essential technology in the energy transition,” said Eric Gray, President and CEO of GE Vernova’s Gas Power business. “Multiple engineering and consulting teams located across GE’s sites worldwide will support the DeBary Hydrogen Project, perform any needed modifications to the gas turbine and work with Duke Energy to support the overall integration of the hydrogen fuels. We are honored to work with Duke Energy in this first-of-its-kind project.”

To support the project, GE began working with Duke Energy on a hydrogen plant readiness assessment in 2021. Following the installation of the electrolyzer equipment and hydrogen storage capacity on site, GE Vernova will execute modifications to the existing gas turbine infrastructure at the DeBary plant, including the fuel handling systems, valves and piping compatible with higher blends of hydrogen operation and up to 100% hydrogen (by volume). GE Vernova will also install the fuel skid with hydrogen blending, finalize control modifications, and support the overall integration of the project to support 100% hydrogen operation expected in 2024.

When fully operational, the converted 83 megawatt (MW) 7E gas turbine will have the ability to operate on natural gas, liquid fuel, 100% hydrogen, or a blend of natural gas and hydrogen providing the site with complete fuel and operating flexibility while maintaining plant reliability.

Located just north of Orlando, the Duke Energy Florida DeBary plant consists of a 74.5 MW solar power plant spread across an area covering the equivalent of almost 200 football fields and a 692 MW gas power plant for reliable reserve power. The power plant is powered by six of GE’s 7B gas turbines and four of GE’s 7E gas turbines.

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About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 100+ countries around the world. GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

• EnBW awarded two hydrogen-ready combined heat and power plants in Heilbronn and Altbach/Deizisau, near Stuttgart, to an international consortium, led by GE Vernova
• The two H-Class gas turbine powered plants are expected to deliver nearly 1.4 GW of electricity and steam for the citizens, commerce and industry of Heilbronn and the larger Stuttgart area
• The two projects will support coal-fired power phase out while enhancing the reliability and stability of the German electricity grid
• GE Vernova’s advanced 9HA.01 gas turbines will be fueled initially by natural gas, with the targeted fuel switch to 100% by volume of hydrogen in the 2030s

Altbach/Deizisau, Germany ‒ November 6, 2023 ‒ GE Vernova’s Gas Power business (NYSE: GE) today announced it has secured two orders from EnBW to provide H-Class natural gas-fired combined cycle power generation equipment for EnBW’s Combined Heat and Power (CHP) power stations in Heilbronn and Altbach/Deizisau, near Stuttgart, the capital and largest city of the German state of Baden-Württemberg. The orders include the equipment, construction of the plants as well as software solutions, maintenance and services for ten years. GE Vernova will lead an international consortium for the projects, including the engineering, procurement and construction (EPC) companies Bonatti and SENER. The projects will replace existing coal-fired plants with more efficient natural gas fired plants while enabling future fuel mix combustion of up to 100% by volume of hydrogen in the 2030s.

Heilbronn and Altbach/Deizisau efficient CHP plants are expected to deliver in total nearly approximately 1340 megawatts (MW) to the national grid, the equivalent needed to power approximately 2,4 million German homes1, as well as steam for district heating for the citizens, commerce and industry of Heilbronn and the larger Stuttgart area.

Each 680MW power plant will replace existing coal-fired units at Heilbronn and Altbach/Deizisau, with the new plants targeted to begin operation by the end of 2026. Switching from a coal plant to its gas equivalent can alone reduce carbon emissions by as much 60%, and lower emissions levels for other pollutants such as mercury, NOx, SOx and particulate matter, when using the most advanced HA gas turbines.

In conjunction with this announcement, EnBW today celebrated the commencement of construction work at the Altbach site at the presence of local authorities. The project is aligned to the European and national regulations in the decarbonisation path towards 2050 to promote district heating in achieving the goals of efficiency, energy sustainability, use of renewables, and reduction of fossil fuel use.

“Today we celebrated the start of the works with the local authorities, and our partners,” said Michael Class, Senior Vice President Generation Portfoliomanagement, EnBW. “These power plants will help to increase power supply security in Germany while continuing to phase out coal and expand a more reliable deployment of renewable energy resources in our country as we’ll be able to dispatch power quickly in response to grid fluctuations. In addition, the two power plants are designed to operate on up to 100% hydrogen by volume, in line with the national goal to deploy renewables and green hydrogen at large scale, but foremost in line with EnBW’s sustainability goals to be carbon-neutral by 2035. Others talk about hydrogen-ready power plants – we already started to built them. That makes the difference!”

“In a region with an increasing power demand due to planned coal-fired retirements, we are proud to work with EnBW, Bonatti and Sener, to support a lower-carbon future in Germany,” says Brice Raisin, Senior Executive Sales Leader of the GE Vernova’s Gas Power business. “Heilbronn and Altbach/Deizisau CHPs will be the first new GE Vernova’s H-Class combined heat and power plants to be installed in Germany, and they are expected to be among the most efficient and flexible, once they begin operation. We are committed to providing our advanced gas turbine technology to accelerate coal phase-out and increase the share of renewables as we work towards zero-carbon gas-based power generation with hydrogen.”

H-class fired combined heat and power plants can offer tremendous benefits to the residents of Stuttgart and the federal state of Baden-Württemberg. District heating application from gas-fired power plants is a good addition to heat pumps or solar thermal systems, which on one hand require a lot of space and can therefore often not be implemented in inner-city buildings and, on the other hand, heat from solar thermal systems is mainly only available in summer.

Each plant will be powered by a GE 9HA.01 gas turbine, an STF-D650 steam turbine, a W88 generator, a triple pressure with reheat Heat Recovery Steam Generator (HRSG) and GE Vernova's integrated Mark* VIe Distributed Control System (DCS) software solution to improve asset visibility, reliability, and availability while reducing operating and maintenance costs.

The agreement includes services and maintenance for ten years, as well as GE Vernova’s Digital business’ Asset Performance Management (APM) software. Using APM Reliability in the cloud, EnBW can gain access to powerful Digital Twin technology that allows for the use of Predictive Analytics to help reduce costs, achieve higher availability, and increase reliability and efficiency by amplifying the performance of the 9HA.01 once the power plants are operational.

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About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 140+ countries around the world. GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. GE Vernova’s Digital business is focused on providing a suite of software products and services to customers aiming to accelerate a new era of energy by electrifying and decarbonizing the energy ecosystem through intelligent and efficient data analytics, monitoring, and management.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

• LM6000VELOX* package is built on the philosophy of GE Vernova’s LM2500XPRESS* and is factory assembled into simplified modules for a faster and easier site installation and commissioning of LM6000 gas turbines
• Available in both simple and combined cycle configurations for 50 and 60 Hertz customers, the new modular plant solution can provide reliable energy supply, ideal to bring stability to the grid when needed
• LM6000VELOX will be installed at Tennessee Valley Authority (TVA)’s Johnsonville Aeroderivative Plant in middle Tennessee in 2023

Atlanta, GA – October 31, 2023 - GE Vernova’s Gas Power business (NYSE: GE) today unveiled the first LM6000VELOX* package solution which will be installed at Tennessee Valley Authority (TVA)’s Johnsonville Aeroderivative Plant in Middle Tennessee. The new LM6000VELOX package aims to reduce the installation and commissioning schedule of LM6000* aeroderivative gas turbines by up to 40%, saving up to 4,000 labor hours, with an expected consequent reduction of installation time and total installed costs.

 “This technology will be the first of its kind for TVA’s fleet of natural gas plants,” said Justin McBath, Sr. Project Manager of the Johnsonville Aeroderivative Combustion Turbine Plant project. “We have received six of the 10 total units that will be operating at Johnsonville, with final delivery expected in December 2023. These units will help us quickly meet demand during peak energy usage and will supplement solar generation on days when sunshine is limited.”  

With an installed base of nearly 1,200 LM6000 gas turbines across approximately 60 countries, these units are well-known in the power generation industry for their quick start time of down to 5 minutes to full power, high cyclic life helping to complement intermittent power from renewable sources, and operational flexibility which can help stabilize the grid and reduce the risk of electricity supply shortages. In addition, the turbine in a Singular Annular Combustor (SAC) configuration has the capability to burn up to 100% hydrogen by volume, which can reduce or eliminate CO2 emissions from power delivered by a gas turbine.

“With more renewables coming online every day, operators like TVA plan carefully to ensure grid reliability while delivering, cheaper, and lower emitting power for their end users,” said Clive Nickolay, CEO of GE Vernova’s Gas Power Aeroderivative business. “We are continuously committed to product innovation and competitiveness that delivers fast, flexible, and more sustainable power in a safe environment. With a scheduled 90-day package installation in a simple cycle configuration, our new LM6000VELOX package is expected to reduce installation and commissioning schedule of our LM6000 gas turbines by up to 40%, saving up to 4,000 labor hours, with consequent lower costs. These enhancements incorporated in the new package aim to reduce site construction delays for power generation utilities, EPC’s, and other industry stakeholders.”

GE Vernova’s LM6000VELOX package is built on the philosophy of GE Vernova’s LM2500XPRESS to enhance simplicity and speed of installation. The new package was developed at GE Vernova’s Manufacturing Center in Veresegyház, Hungary, adopting GE Vernova’s most advanced lean methodologies and its benefits include:

•  
  • Enhanced modularity in package mounted air filter including simplified structure for air filter
  • Base mounted generator & gearbox which reduces foundation labor
  • 50% reduction in number of accessories shipped to site with reduced lifts
  • Reduced lube oil flushing with pre-flushed with interconnects and polishing kit
  • Improved drive train alignment procedure cutting alignment time in half
  • Improved maintainability and accessibility with platforms and ladders
  • Improved Cable tray configuration

GE Vernova’s LM6000VELOX package is available in both simple and combined cycle configurations, as either a DLE or SAC (water injected) combustor configuration, and for both 50 and 60 Hertz segments.

*Trademark of GE Vernova

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About GE Vernova

GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 140+ countries around the world. GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable energy future with security. Learn more: Learn more: GE Vernova and LinkedIn.