This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

GE Introduces Durathon™ Battery For Utilities

GE Energy Storage Technologies, a unit of GE Transportation unveiled today its Durathon battery technology for utility companies.

As power consumption continues to grow, infrastructure ages, and new elements evolve such as renewables and electric vehicles, the grid is being asked to perform as never before. GE’s Durathon battery technology offers an intelligent way to approach these issues. As part of a simple energy storage system, GE’s Durathon battery provides an alternative to costly new power structures, which enables energy to be utilized when it’s needed.

“Utility companies are facing unprecedented challenges and we’re working with them to create a better energy system, one that can bring energy to customers where it’s needed, when it’s needed, efficiently and for the best price,” said Prescott Logan General Manager GE Energy Storage Technologies. “GE’s Durathon battery technology has been developed to change the future of power generation, transmission and distribution for end users around the globe.”

Because of its proprietary chemistry, the Durathon battery has the ability to last up to two decades while providing optimal charge and discharge times. Durathon batteries are well suited for applications in extreme temperature environments because the need for an expensive controlled environment is not required to deliver peak performance. This minimizes installation costs along with the batteries high energy density.

The Durathon battery technology has been developed to support a broad range of utility-oriented applications, such as: transmission and distribution upgrade deferral, time shifting, congestion relief, peak shaving, load following, and reserve capacity. Additionally, it will support end-user applications such as time of use (TOU) management, demand charge reduction, and power quality improvement.

GE’s new battery plant will be located in Schenectady, New York, and is expected to create 350 new jobs in the region. The facility has the advantage of being in close proximity to GE Global Research in Niskayuna, where researchers will continue to work on enhancements to the battery chemistry and related systems technology. GE is making a $150 million investment to build upon the Durathon battery technology through the development of new materials, new manufacturing technologies and intelligent controls.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,424.85 +162.29 1.00%
S&P 500 1,862.31 +19.33 1.05%
NASDAQ 4,086.2250 +52.0640 1.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs