GE’s Advanced Gas Path Upgrades Generate $775 Million in Total Customer Value Annually

• AGP Upgrades Help Generate 7 Gigawatts of Additional Power Capacity
  Globally
• GE Announces New Order for AGP Gas Turbine Upgrades in Italy
• GE Completes AGP Upgrades for Gas Turbines in Turkey and Iraq
• GE’s AGP Solution Installed on 435 Units in 39 Countries

BADEN, Switzerland–(BUSINESS WIRE)–Continuing its commitment to deliver solutions to help power producers
remain competitive in a dynamic energy marketplace, GE’s Power Services
business (NYSE:GE) has expanded its Advanced Gas Path (AGP) capabilities
around the world. Over the past several years, GE’s AGP technology has
been installed on 435 units across four of its gas turbine fleets,
generating $775 million a year in benefits to power producers and the
markets they serve in 39 countries on five continents.

“Our high-performing AGP solutions have been proven around the world for
nearly a decade by improving gas plant performance and competitiveness
to help meet growing power demands,” said Scott Strazik, president and
CEO of GE’s Power Services business. “AGP is delivering benefits on a
global scale to our customers in mature markets such as the United
States and Western Europe, where efficiency and flexibility are crucial.
At the same time, AGP is helping our customers in growing markets like
the Middle East, Africa, Asia, China and Eastern Europe, where they need
more megawatts for industrial use and the grid.”

Today, GE announced three milestones with its AGP technology: an
agreement to upgrade gas turbines in Italy, as well as two installations
at power plants in Iraq and Turkey.

• In Italy, GE will help Edison,
  part of Electricité de France (EDF Group) and Italy’s second largest
  integrated energy company, enhance
  its performance with AGP upgrades for a GE 9F.03 gas turbine at
  its Candela
  combined-cycle power station in Puglia, Italy. The upgrades are
  expected to increase the plant’s output by 5 percent and improve its
  global efficiency by almost 1 percentage point. In addition, GE’s
  predictive maintenance software and cybersecurity solution will
  improve Candela’s asset visibility, reliability and security while
  decreasing operating and maintenance costs at the plant.
• In Iraq, GE installed AGP on four of its gas turbines at the Iraqi
  Ministry of Electricity’s (MOE’s) Najibiya power plant, one of the
  eight sites where GE
  is installing a total of 36 AGP units as part of the Iraq Power Up
  Plan II. AGP will help each turbine run for up to an additional three
  months a year when the plant is powered by heavy fuel oil. As a
  result, the plant will increase the amount of electricity available
  for both domestic and commercial use, helping to meet the country’s
  growing energy needs. It will also help the MOE to lower annual
  operations and maintenance costs.
• In addition, the installation of AGP technology on 10 GE gas turbines
  was finalized at ENKA’s
  power plants. The result was a 6 percent output increase on the GE 9F
  gas turbines. The project was the first
  order for GE’s 9F AGP technology, which delivered upgraded
  performance and operational flexibility.

GE’s AGP solution has delivered significant market-based benefits around
the globe, including providing about 7 gigawatts of additional power
capacity. AGP is generating nearly 19.4 million additional
megawatt-hours (MWh) of power a year, which is enough to power
approximately 2 million homes.

With AGP upgrades, GE 9F gas turbines can achieve up to an 8 percent
output increase and up to a 2 percent efficiency increase, whereas GE 6F
gas turbines can realize up to a 4.2 percent output increase and up to a
1.2 percent efficiency increase. GE's 9E gas turbine operations with AGP
upgrades have achieved up to a 6.2 percent output increase and up to a
1.7 percent efficiency increase.

About GE

GE (NYSE:GE) is the world’s Digital Industrial Company, transforming
industry with software-defined machines and solutions that
are connected, responsive and predictive. GE is organized around a
global exchange of knowledge, the "GE Store," through which each
business shares and accesses the same technology, markets, structure and
intellect. Each invention further fuels innovation and application
across our industrial sectors. With people, services, technology and
scale, GE delivers better outcomes for customers by speaking the
language of industry. www.ge.com

About GE Power

GE Power is a world leader in power generation with deep domain
expertise to help customers deliver electricity from a wide spectrum of
fuel sources. We are transforming the electricity industry with the
digital power plant, the world’s largest and most efficient gas turbine,
full balance of plant, upgrade and service solutions as well as our
data-leveraging software. Our innovative technologies and digital
offerings help make power more affordable, reliable, accessible and
sustainable. For more information, visit the company's website at www.gepower.com.

About GE’s Power Services

GE’s Power Services, headquartered in Baden, Switzerland, delivers
world-class service solutions for our customers across total plant
assets and their operational lifetimes. This organization supports
2,800+ customers worldwide with an installed base of 28,000+ power
generation assets across 90+ brands of power generation equipment and
taps into the Industrial Internet to improve the performance of our
solutions over the entire life cycle through the power of software and
big data analytics.

Contacts

GE Power – Power Services
Laura Aresi, +39 02 67335622
Global
Media Relations Leader
[email protected]
or
Soteryx
Corp.
Gina DeRossi, +1-518-866-1076
[email protected]