Alstom Signs Agreement with Exelon to Supply Nuclear Steam Turbine Retrofit Equipment.Global Industry Leader Chosen for its State-of-the-Art Steam Turbine Steam turbine A machine for generating mechanical power in rotary motion from the energy of steam at temperature and pressure above that of an available sink. By far the most widely used and most powerful turbines are those driven by steam. Technology Retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in Equipment to Be Installed at Three Exelon Nuclear Plants PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. -- Alstom, a global leader in power generation, announced today that it has signed an agreement with Exelon Corporation (NYSE NYSE See: New York Stock Exchange : EXC EXC Exception EXC Excellent Condition EXC Excellency EXC Enduro Cross Country (motorcycle racing/riding style) EXC Electronic Cross Connect (Nortel) EXC Exchange Component EXC Exclusion Dictionary ), one of the largest electric utilities in the U.S., to supply and install steam turbine retrofit equipment at three of Exelon's nuclear power generation facilities. Those facilities are Quad Cities
The Quad Cities are a group of cities which flank the Mississippi River in Iowa and Illinois in the midwestern United States. (Cordova Cordova, Spain: see Córdoba. , IL), Dresden (Grundy County Grundy County is the name of four counties in the United States, all named in honor of Felix Grundy:
The estimated value of the contract is approximately $420 million. Alstom has already begun work on the first project under the agreement - the retrofit replacement of three low pressure steam turbine sections at the Quad Cities power station. "We are very pleased to have been selected by Exelon to provide essential technology to upgrade their nuclear steam turbines," said Philippe Joubert, Alstom executive vice president and president of Alstom Power Systems. "As the world's largest supplier of nuclear turbine systems, we offer both experience and a history of innovation that make us the right partner for Exelon." Steam turbine technology is continually improving, and replacing old components of a steam turbine with Alstom's state-of-the-art technology will result in improved efficiency, greater reliability and increased capacity for the remaining life of these plants. The retrofit of Exelon steam turbines is expected to increase output by approximately 40MW per power generating unit. Alstom, with operations in 70 countries, brings international expertise and extensive knowledge of local markets as a fully integrated provider of clean, efficient and technologically advanced power generation solutions in all key energy markets (including coal, natural gas, nuclear, hydro and wind). As the world's No. 1 supplier of nuclear turbine systems, Alstom has installed more than 178 units worldwide, meaning more than 30% of the entire worldwide nuclear installed base uses Alstom equipment. The Exelon retrofit equipment for the first project is being manufactured by Alstom in Belfort, France and Morelia, Mexico with components for subsequent projects to be manufactured in Chattanooga, TN. In December 2007, Alstom announced an investment of over $200 million in a new facility in Chattanooga, which will allow the company to increase significantly its manufacturing and engineering capacity in the U.S. at a time when demand for power generation equipment and services in this country is at a high level. The new facility will give Alstom the capability to manufacture nuclear steam turbines including components for these retrofits. Alstom believes nuclear energy offers a carbon-free, efficient, viable alternative for meeting the increasing demand in energy in the U.S. About Alstom Alstom is a global leader in the world of power generation and rail infrastructure and sets the benchmark for innovative and environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, and provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind. The Group employs more than 76,000 people in 70 countries, and had orders of EU23.5 billion in 2007/08. About Exelon Exelon Corporation (www.exeloncorp.com) is one of the nation's largest electric utilities with approximately $19 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity to approximately 5.4 million customers in northern Illinois For the university, see Northern Illinois University Northern Illinois is a region generally covering the northern third of the U.S. state of Illinois. Economics and Pennsylvania and natural gas to approximately 480,000 customers in the Philadelphia area. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC. |
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