30,000-Mile GE FlexEfficiency* Truck Tour Winds Up In New York City Region
After covering more than 30,000 miles, GE’s (NYSE: GE) FlexEfficiency* Truck Tour, showcasing the power generation technology of tomorrow, will make its 27 th and final stop Wednesday, Feb. 13 in Weehawken, N.J., across the Hudson River from New York City.
“Our North American FlexEfficiency Truck Tour has been a tremendous success, with more than 4,000 people visiting the trailer to learn how the latest innovation in power generation will meet today’s energy challenges while driving economic growth,” said Paul Browning, president and CEO, Thermal Products for GE Power & Water. “It is especially fitting that we are concluding our tour in New Jersey, since our new FlexEfficiency technology will support a major project that will add cleaner, flexible and highly efficient energy for this region.”
The Newark Energy Center, a 655-megawatt gas-fired combined-cycle power plant, will use GE 7F 5-series gas turbines, which are members of the FlexEfficiency 60 portfolio. Scheduled to begin service in 2015, the facility will be one of the cleanest of its kind in the United States, thanks to its use of natural gas and advanced emissions control technology.
“We are happy to be involved in a project that will provide cleaner, more efficient and reliable power to the northern New Jersey grid, while bringing employment and new revenue to Newark,” said Scott Thon, executive vice president, SNC-Lavalin Group Inc., the engineering, procurement and construction (EPC) company for the Newark project. SNC-Lavalin has a long history of working with GE F-class gas turbines, having installed 70 such units at power plants around the world.
This custom-built, 18-wheel FlexEfficiency tractor-trailer, loaded with interactive, innovative exhibits and demonstrations of GE’s newest technology, was unveiled Sept. 26 during a global launch event in San Francisco. During its five-month tour, it has showcased the key features and benefits of FlexEfficiency 60 technology for customers, engineering students, media representatives, industry analysts, GE employees and members of the general public who have visited the trailer. Built for the United States and other 60-hertz countries, GE’s new FlexEfficiency 60 Portfolio of products addresses the emerging need for flexible, efficient technology capable of providing electricity with record-setting efficiency. The strong global demand for this new technology has resulted in more than $1.5 billion in orders from the U.S., Japan and Saudi Arabia. These sales comprise orders for 22 gas turbines—16 for the 7F 5-series gas turbines and six for the 7F 7-series gas turbines. GE’s FlexEfficiency portfolio of gas turbines can provide highly efficient baseload power and unprecedented flexibility to pair natural gas with renewables. This natural gas-fired technology can rapidly increase its power output in response to fluctuations in wind and solar power, which will enable more renewable resources to be integrated onto the power grid.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim 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
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
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
Stocks Under $10
TRY IT FREEDavid 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
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll 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 + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur 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
