Friday, September 30, 2011

GEN ELEC : GE Gas Engine Technology Powers Hungary's Largest Biogas Plant - 4-traders (press release)

14 September 2011

GE Gas Engine Technology Powers Hungary's Largest Biogas Plant

Fuel-Flexible Gas Engines as European Nations Seek to Comply with Environmental and Energy Efficiency Mandates


(GE please put up a video!!!)

JENBACH, AUSTRIA. September 14, 2011. Energy industry officials yesterday gathered near a large poultry processing plant in the city of Szarvas for the formal opening of Hungary's largest biogas power plant. Powered by three of GE's (NYSE: GE) ecomagination-qualified, JenbacherJ416 biogas engines, the combined cooling, heat and power (CCHP) plant generates 4.2 megawatts of renewable electricity and an equal amount of thermal energy to support the plant?s onsite operations as well as the local grid. Szarvas is located 170 kilometers (105 miles) southeast of Budapest.

The new CCHP plant was built by the German company r.e Bioenergie GmbH, a subsidiary of BayWa r.e GmbH. The energy developer is running the plant in close cooperation with the poultry processing plant operator Gallicoop Pulykafeldolgoz Zrt. Gallicoop provides a large amount of the raw biomass that is converted into the biogas that powers the Jenbacher engines. The biogas is created through the anaerobic digestion of an annual total of 22,500 tons of turkey and cow manure, 31,000 tons of pig slurry, 47,480 tons of mixed
waste (slaughterhouse waste, whey and wastewater sludge) and 18,000 tons of sweet sorghum.

The anaerobic digestion facility is located approximately four kilometers (km) east of the poultry processing plant. To optimize the efficiency of the thermal energy, a special pipeline delivers the biogas from the digester facility to the Jenbacher engines at the processing plant. The CCHP system's thermal power is then used to supply on-site heating and cooling. Any excess electricity is fed into the local grid. Our new biogas power plant illustrates the increasingly important role that biogas will play as Hungary seeks to expand its production of alternative energy in order to comply with the European Union's 20/20/20 initiative to generate 20 percent of the continent's energy from renewable sources by 2020, said r.e Bioenergie GmbH Managing Director Ludwig Dinkloh, who oversees international business for the company. However, only projects that maximize efficiency with a sophisticated heat concept, such as our Szarvas biogas project, provide a sustainable business model.

Agricultural waste is a key industrial source of methane, a potent greenhouse gas. However, by digesting the biomass and using the resulting biogas in the Jenbacher units, less of the gas is free to escape into the atmosphere. Also, the valuable, nutrient-rich digester residue is used as a high-quality fertilizer, replacing the use of artificial fertilizers on several thousand hectares of farmland. GE has seen an increased demand for its fuel-flexible gas engines to help customers throughout Europe generate their own onsite power and heat to meet their increasingly stringent environmental and energy efficiency goals.

Our Jenbacher gas engines use the biogas generated from organic waste as a valuable source of energy, allowing us to offer our customers a powerful, cost-effective way of producing energy, said Rafael Santana, president and CEO?Gas Engines for GE Energy. These engines also allow us to make a considerable contribution to the country's larger initiative by reducing the equivalent of more than 10,000 tons of CO2 emissions per year at the largest biogas project in Hungary. GE operates a regional Jenbacher gas engines sales and services center that is co-located with GE's heavy gas turbine manufacturing plant in the city of Veresegyh'z, 30 kilometers northeast of Budapest. The center is ideally positioned to help municipal and private customers in Hungary and other central European countries comply with European Union directives to boost regional energy efficiency levels by modernizing local district heating systems and expanding alternative energy production.

Since 1989, GE has been one of the most significant multinationals operating in Hungary. Today, all five GE core businesses are active in the country. GE is the largest U.S. investor and employer in Hungary with more than 13,000 people and also is one of the country?s biggest exporters. About GE's ecomagination GE is driving a global energy transformation with a focus on innovation and R&D investment to accelerate the development and deployment of clean energy technology. Since its inception in 2005, 115 ecomagination-qualified products have been brought to market with revenues reaching $18 billion in 2009. With $5 billion invested in R&D its first five years, GE committed to doubling its ecomagination investment and collaborate with partners to accelerate a new era of energy innovation.

The company will invest $10 billion in R&D over five years and double operational energy efficiency while reducing greenhouse gas emissions and water consumption. As part of the initiative, GE launched GE ecomagination Challenge: Powering the Grid, a $200 million financial commitment challenging innovators to join in developing clean energy technologies. It is extending this Challenge with the GE ecomagination Challenge: Powering Your Home, to develop technologies that help households manage their energy usage. For more information, visit the ecomagination website at

About GE GE (NYSE: GE) is an advanced technology, services and finance company taking on the world?s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at GE also serves the energy sector by providing technology and service solutions that are based on a commitment to quality and innovation.

The company continues to invest in new technology solutions and grow through strategic acquisitions to strengthen its local presence and better serve customers around the world. The businesses that comprise GE Energy GE Power & Water, GE Energy Services and GE Oil & Gas?work together with more than 90,000 global employees and 2010 revenues of $38 billion, to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; as well as other alternative fuels andnew grid modernization technologies to meet 21st century energy needs.

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