GE Signs $80M Agreement with Emera Energy; Pact Includes Upgrades to Tiverton Power Plant
TIVERTON, R.I.–(BUSINESS WIRE)–Nova Scotia, Canada-based energy company Emera Energy has selected GE (NYSE:GE) to upgrade its Tiverton Power station in Rhode Island in an effort to increase the efficiency, capacity and long-term availability of the power plant and reduce its operating costs and environmental impacts. The 265-megawatt (MW) natural gas-fired combined-cycle power plant provides electricity to Rhode Island and the surrounding area through ISO New England (ISO-NE).
“The upgrades by GE will include best-in-class technology and will improve Tiverton Power’s efficiency and output. They also will increase its availability by extending the maintenance intervals,” said Dave Pickles, Emera Energy’s vice president of operations. “GE supplied the plant’s original generation equipment and we feel their technology, expertise and project-management experience will help us make Tiverton Power one of the most fuel-efficient and lowest emitting power plants in the U.S.”
This investment marks the first combined-cycle project in North America to incorporate three GE Power FlexEfficiency* upgrade offerings, including a new .04 compressor, a Dry Low NOx 2.6+ combustor and GE’s Advanced Gas Path technology solution.
“With natural gas expected to play an increasingly important role in the United States’ energy supply mix, utilities are looking for ways to improve the efficiency and performance of their existing natural gas power plant fleets,” said Paul McElhinney, president and CEO for GE’s Power Generation Services business. “By investing in GE’s Power FlexEfficiency suite of solutions, Emera Energy’s project demonstrates how power plant operators can make their facilities more profitable while reducing their fuel costs and emissions.”