GE Energy Signs Contractual Parts Agreement For Exelon's Boiling Water Reactor Fleet
ATLANTA, GA.-October 20, 2006-GE Energy announced today that it has signed a contractual parts agreement with Exelon Nuclear of Warrenville, Ill., servicing a fleet of boiling water reactor (BWR) nuclear units, including one of the oldest operating nuclear plants in the United States, Oyster Creek Generating Station, and one of the newest, Clinton Power Station. This is the largest number of BWR nuclear plants ever to enter into a contractual parts agreement with GE Energy for Reuter Stokes nuclear instrumentation.
The 12 units included in the parts agreement collectively produce 12,174 megawatt- hours annually. The plants include Exelon's Dresden Units 2 and 3, LaSalle Units 1 and 2, Quad Cities Units 1 and 2, Limerick Units 1 and 2, Peach Bottom Units 2 and 3, Clinton and Oyster Creek. The contract extends over a period of six years for the supply of in-core neutron monitoring instrumentation to support the operations of Exelon's BWR fleet.
"Expanding our already strong relationship, Exelon chose GE Energy for our progressive solution to nuclear instrumentation, helping to improve the economics of parts purchases, promoting technical collaboration among the Exelon plants and improving cross-fleet performance," said Daniel Heintzelman, president of GE Energy's services business.
Exelon Nuclear is a business unit of Exelon Corporation. It operates the largest nuclear fleet in the nation and the third largest fleet in the world. Exelon's 10 stations, with 17 reactors, represent approximately 20 percent of the U.S. nuclear industry's power capacity.
GE Energy's Reuter Stokes division has more than 50 years of experience building nuclear instrumentation, GE Energy is dedicated to product innovation, exceptional service and cutting-edge technology. Having developed a complete line of Reuter Stokes in-core and ex-core instruments for BWR and PWR, GE Energy is the technological leader for dependable and accurate nuclear detectors.
About GE Energy
GE Energy (www.ge.com/energy) is one of the world's leading suppliers of power generation and energy delivery technologies, with 2005 revenue of $16.5 billion. Based in Atlanta, Georgia, GE Energy works in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels. Numerous GE Energy products are certified under ecomagination, GE's corporate-wide initiative to aggressively bring to market new technologies that will help customers meet pressing environmental challenges.
Dennis Murphy
GE Energy
+1 678 844 6948
dennis.murphy@ps.ge.com
Gina DeRossi or Howard Masto
Masto Public Relations
+1 518 786-6488
gina.derossi@mastopr.com
howard.masto@ge.com
