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April 17, 2019

GE Power secures contract from Israel Electric Corporation

GE Power has secured a contract from electricity generator and supplier Israel Electric Corporation (IEC) for the Orot Rabin modernisation project.

GE Power has signed a contract from electricity generator and supplier Israel Electric Corporation (IEC) for the Orot Rabin modernisation project.

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The company will use its HA gas turbine technology to modernise the power station and the contract also includes an order for the 9HA.01 heavy duty gas turbine.

The modernisation project will see the transformation of the Orot Rabin power station from a coal-fired power station into a gas power plant.

Israel Electric Corporation president and CEO Ofer Block said: “IEC’s strategic efforts to modernise Israel’s electricity production and distribution system are made possible by investing in industry-leading technology such as GE’s HA gas turbine.

“GE’s technology will help IEC upgrade the Orot Rabin Power Station and change the way power is delivered to citizens and businesses across Israel.”

“GE’s technology will help IEC upgrade the Orot Rabin Power Station and change the way power is delivered to citizens and businesses across Israel.”

Additionally, the contract includes a 15-year multi-year services agreement and supply of steam turbine, generator, HRSG, and balance of plant equipment.

Once operational, the Orot Rabin power plant will have the capacity to generate more than 630MW of energy that will be supplied to the Israeli grid.

The plant will deliver up to 4% of Israel’s current total power generation capacity.

In order to prepare its grid for the future distribution, IEC will also install GE’s advanced distribution management system (ADMS) software to manage the grid operations.

GE Proposed Gas Power business president and CEO Scott Strazik said: “GE is honoured to work with the Israel Electricity Corporation to bring the first HA gas turbine to Israel and to help modernise the Orot Rabin Power Plant with the HA’s record-setting performance and efficiency.

“By investing in state-of-the-art technology to transform its infrastructure, IEC will ensure that power is more reliably and sustainably delivered to its customers in Israel.”

 

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Free Report
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Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
Enter your details here to receive your free Report.

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