GE Energy and Mitsubishi Heavy Industries (MHI) have signed a memorandum of understanding (MoU) to co-develop the a steam turbine for use in gas turbine combined-cycle power plants.
GE and MHI, after negotiation and execution of definitive agreements, are planning to pursue co-operation with the goal of designing and developing the combined cycle steam turbine, which the two companies then would include as part of their respective product offerings.
According to GE, at a later stage, with MHI it may consider co-developing a steam turbine for nuclear power applications. The company is anticipating a potential increase in demand for large steam turbines for nuclear power projects as that sector of the energy industry continues to generate renewed interest.
Steve Bolze, president of GE Energy’s power and water business, said: This MoU with MHI will yield a high performance steam turbine that will be able to meet the future customer performance and efficiency requirements of the growing combined-cycle industry.
GE Energy is a supplier of power generation and energy delivery technologies. Based in Atlanta, Georgia, the company 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.
