Released By General Electric News Release
Aug. 26, 2002

DUKE ENERGY, GE CELEBRATE MILESTONE: OVER 100 GE TURBINES IN SERVICE FOR DUKE ENERGY PROJECTS

ATLANTA, GA – Duke Energy and GE Power Systems recently achieved a major milestone:  Since June 1999, GE has shipped 102 gas and steam turbines which have entered commercial service at 19 sites for Duke Energy North America (DENA), the merchant energy business unit of Duke Energy.

 

The plants, located in 13 states, are part of a long-range program launched by DENA in the late 1990s to meet power requirements in high demand regions of the U.S. Total output of the plants is approximately 12,000 megawatts.

 

"This is the largest generator drive application GE has developed with one customer in a two-year time frame," said Delbert Williamson, president of GE Power Systems Global Sales. "It builds upon and expands the relationship we have enjoyed with Duke Energy for decades."

 

"Our power plant development program was designed to meet the growing need for reliable, environmentally friendly and efficient power generation heading into the 21st century," said DENA President and CEO, Jim Donnell. "Following an evaluation of GE technology, service capabilities and responsiveness, we selected GE as our partner in this ongoing effort.

 

"Equipment supplied by GE included 38 Frame 7FA gas turbines and steam turbines for combined-cycle projects, and 64 Frame 7EA gas turbines for simple-cycle applications. In addition, GE has Contractual Service Agreements for the combined-cycle projects and Contractual Parts Agreements for the simple-cycle installations. GE's F technology fleet of gas turbines has surpassed 5.8 million fired hours in power plants around the world while performing at high levels of efficiency and reliability. GE's 7E/EA gas turbine fleet has accumulated more than 15 million hours of commercial service while setting industry standards for reliability and availability.

 

The new power plants developed under the DENA initiative are located in Arizona, Arkansas, California, Georgia, Illinois, Indiana, Kentucky, Maine, Mississippi, Missouri, Ohio, Oklahoma and Texas.

 

Duke Energy North America (DENA) is Duke Energy's Houston-based unregulated energy company. DENA's generation portfolio currently includes approximately 13,800 megawatts in operation.

 

Duke Energy is a diversified multinational energy company with an integrated network of energy assets and expertise. The company manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses - meeting the energy needs of customers throughout North America and in key markets around the world. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 100 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.

 

About GE Power Systems

GE Power Systems (www.gepower.com) is one of the world's leading suppliers of power generation technology, energy services and management systems with 2001 revenues exceeding $20 billion. The business has the largest installed base of power generation equipment in the global energy industry. Based in Atlanta, Georgia, GE Power Systems provides equipment, services and management solutions across the power generation, oil and gas, distributed power and energy rental industries.

Contact: Dennis Murphy -- GE Power Systems
Phone: 770/859-6948
24 Hour Phone: n/a
Email: dennis.murphy@ps.ge.com
Contact: Ken Darling or Howard Masto -- Masto Public Relations
Phone: 518/786-6488
24 Hour Phone: n/a
Email: ken.darling@mastopr.com or howard.masto@mastopr.com
Contact: Bethany Vetters -- Duke Energy
Phone: 713/627-6301
24 Hour Phone: 704/382-8333
Email: bbvetters@duke-energy.com