Penn Energy March 7, 2012
http://www.pennenergy.com/index/power/display/1931609836/articles/pennenergy
/power/gas/2012/march/mit-hails_ge_s_aeroderivative.html?cmpid=EnlDailyPower
March82012
Source: GE
MIT's Technology Review magazine just published its TR50 list of the 50 most
innovative companies in 2012. "The TR50 companies are leaders," said Jason
Pontin, editor in chief and publisher of the magazine. "They are setting the
agenda in their markets and prompting other companies to follow them."
GE
<http://www.pennenergy.com/index/search.html?si=+&collection=&keywords=GE>
(NYSE: GE
<http://markets.financialcontent.com/pennwell.ogj/quote?Symbol=321%3A933071>
) is on the TR50 list. The editors recognized GE's jet engine-powered gas
turbines
<http://www.pennenergy.com/index/search.html?si=+&collection=&keywords=Gas+t
urbines> as a "key innovation" for "building flexible and efficient
natural-gas power plants."
The technology makes it easier for utilities to handle electricity generated
by intermittent sources of renewable energy
<http://www.pennenergy.com/index/power/renewable-generation.html> like wind
and solar power. When wind stops blowing, the turbines can go 'from cold
iron' to 50 megawatts in just 10 minutes and make up for the lost
electricity.
Engineers call this technology "aeroderivatives" and GE is the largest
manufacturer in the world.
To learn more about this innovative GE gas-turbine technology, access the
full article and video presentation here: GE Reports
<http://www.gereports.com/mits-technology-review-hails-ges-jet-engine-powere
d-power-plants/>