GE Energy Announces Alliance With FirstEnergy Nuclear Operating Company.WILMINGTON, N.C. -- GE Energy's nuclear business has signed a strategic alliance agreement with FirstEnergy Nuclear Operating Company (FENOC FENOC FirstEnergy Nuclear Operating Company ) of Akron, Ohio. The six-year alliance, agreed to this year, will cover operational support at FirstEnergy's Perry Nuclear Power Plant and Davis-Besse Nuclear Power Station Davis-Besse Nuclear Power Station is a nuclear power plant with a single reactor located on the southwest shore of Lake Erie near Oak Harbor, Ohio. It is the 57th commercial power reactor to commence building in the United States of America (construction began on September 1, . The goal of the alliance is to maximize equipment and refuel outage performance at the two facilities, which are located in Ohio, along the northern shores of Lake Erie. Such alliances help enhance plant performance while lowering a facility's operational costs. GE's nuclear business, the leading designer of boiling water reactor Noun 1. boiling water reactor - a nuclear reactor that uses water as a coolant and moderator; the water boils in the reactor core and the steam produced can drive a steam turbine BWR water-cooled reactor - nuclear reactor using water as a coolant (BWR n. 1. a boiling water reactor; a type of nuclear reactor that uses water as a coolant and moderator; - the steam produced can drive a steam turbine and produce electrical power. Noun 1. ) facilities, was the nuclear steam supply system designer for Perry, and the original equipment manufacturer of the Perry and Davis-Besse turbine generators. Located in Perry, FirstEnergy's 1,260-megawatt Perry plant is a BWR and serves northern Ohio and various regions of FirstEnergy's service territory. Serving the same regions, the 877-megawatt Davis-Besse plant in Oak Harbor is a pressurized water reactor Noun 1. pressurized water reactor - a nuclear reactor that uses water as a coolant and moderator; the steam produced can drive a steam turbine PWR water-cooled reactor - nuclear reactor using water as a coolant (PWR PWR pressurized-water reactor Noun 1. PWR - a nuclear reactor that uses water as a coolant and moderator; the steam produced can drive a steam turbine pressurized water reactor ). Both reactors are examples of light water reactor
A light water reactor or LWR technology. "We are extremely pleased to be forging this new alliance, which is dedicated to the principles of safety, teamwork, accountability and added value," said Andy White, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of GE Energy's nuclear business. "The alliance places us on the same side of the table as FirstEnergy, putting each company in a winning situation. GE will be more closely aligned with FirstEnergy's goals, which will positively affect their bottom line. Because of the unique set-up, GE will have a more predictable business flow. Both companies' goals are achieved through our alliance." The agreement actually represents a new paradigm in alliances, in which GE will more closely align its core competencies with FENOC's business plan, focusing both vendor and owner on technology and services that will drive customer value. The initial scope of work will involve GE's nuclear services, turbine island services, water technology and performance-optimization offerings. GE's nuclear business and FENOC have identified other leadership focus areas including Nuclear Fuel, Preventative Maintenance, System Health Monitoring, Design Information, Parts and Obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. . Leaders from both companies have been assigned to each focus area. GE's nuclear business, headquartered in Wilmington, N.C., develops advanced light water reactors and provides a wide array of technology-based products and services to help owners of both boiling and pressurized water reactors safely operate their facilities with greater efficiency and output. FENOC is a subsidiary of Akron, Ohio-based FirstEnergy Corp., a registered public utility holding company. In addition to Perry and Davis-Besse in Ohio, the company operates a third nuclear facility in Pennsylvania. About GE Energy GE Energy is one of the world's leading suppliers of power generation and energy delivery technology, with 2004 revenues of $17.3 billion. Based in Atlanta, Georgia, GE Energy provides equipment, service and management solutions across the power generation, oil and gas, distributed power and energy rental industries. |
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