GE and Toshiba Ally for Combined-Cycle Power Projects Worldwide
GE and Toshiba have worked together for 30 years in Asia; now the two companies have signed a memorandum of understanding (MOU) to form a global strategic alliance.
The companies aim to jointly develop select combined-cycle power generation projects around the world.
Toshiba and GE have cooperated in gas turbine combined-cycle power generation systems since 1982 and have existing agreements to pursue 50-Hz and 60-Hz projects together in Japan and in key regions in Asia. With the MOU, the companies will pursue FlexEfficiency projects around the world while also working together on the next generation of combined-cycle technology with higher levels of thermal efficiency.
GE’s FlexEfficiency technology for utilities harnesses natural gas and enables greater use of renewable energy. GE and Toshiba won a contract in 2012 to supply FlexEfficiency technology to Chubu Electric Power’s Nishi Nagoya Thermal Power Plant in Japan. This system is being jointly configured to achieve the thermal efficiency of 62 percent (at site conditions). With the MOU, the companies will combine their capabilities to pursue FlexEfficiency projects around the world while also working together on a next generation of highly fuel-efficient power plant technologies.
Combined-cycle power generation systems combine gas turbines and steam turbines to achieve high fuel efficiency as compared to conventional thermal power plants. Exhaust heat from the gas turbine is recovered and used to produce steam that drives the steam turbine and generates more electricity.
- How "Fixed" is the Fixed Price Product?
- NAEM Trends Report: Planning for a Sustainable Future
- Expert Q and A: Tips for Automating your Energy Data
- 2014 Environmental Leader Product and Project Awards
- What You Need to Know About Demand Charges
- Alarms Management: The Future is Now
- The Guru’s Guide: Implementing Environmental ERP Systems
- An Integrated Approach to Managing Today's Energy and Utility Assets
- LED Myths and Facts
- Harness the Value of Big Data to Build Smarter Infrastructures
- Energy Procurement in 2014: Products & Programs to Optimize Savings
- BUYING STRATEGIES IN A VOLATILE MARKET: What Businesses Need to Know about Retail Electricity Procurement
- Smart Building Technology: The Key to Comprehensive Building Performance
- What Energy Managers Need to know about Procuring Natural Gas: Guidance for 2014 Natural Gas Contracts
- Energy Optimization from the Boiler Room to the Board Room