General Electric : Datang Turns to GE to Digitize its Power Plant Fleet and to Establish China’s First Power Digital Solutions Center

BEIJING, CHINA - December 20, 2016, GE (NYSE: GE) and China Datang Group signed an agreement in Beijing today to establish the 'Beijing International Electric Power Data Monitoring & Diagnostic Center,' (hereinafter described as the 'M&D Center') adopting GE's digital solutions to help increase plant performance through data analytics. This deal sets a cornerstone for Chinese power groups to gear up their digital transformation in the age where Internet+, cloud computing and big data prevail.

Datang will be China's first user of GE's digital power solutions. By deploying a full set of the cutting-edge software and algorithms from GE, the M&D Center will fully realize the capabilities of industrial data, improve the reliability and availability of Datang power generation units, streamline workflows and shorten emergency response time, thus improving asset profitability and competitiveness.

The establishment of the M&D Center is another significant achievement in the relationship between Datang and GE. Under the cooperation framework, both parties will facilitate the exchange of resources, data and expertise, which will help Datang further enhance its leadership in technology development, management and globalization. Moving forward, in the spirit of equality, mutual benefit, mutual respect, and mutual trust, Datang and GE will make concerted efforts to create better synergy and work together to promote the sound development of China's power industry at full speed.

GE's China growth strategies are built around driving digital industrial innovations from platform to applications, all-in localization, and long-lasting collaborations with China's leading companies. The cooperation with Datang is a key milestone demonstrating GE's digital strategy, and it brings both companies to a new strategic level.

The M&D Center will manage Datang's eleven gas fleets and two coal fleets in China by analyzing critical performance data. The data will be automatically fed into the Beijing based M&D Center to improve performance and identify irregularities before they happen.

In addition, the M&D Center will help accelerate the digitization of the power industry in the Asia-Pacific region by exploring cross region and cross plants digital application opportunities for Datang. The M&D Center will be Datang's first intelligent digital hub based in China, serving the Asia-Pacific region, to facilitate the modernization of the entire power generation ecosystem.

'This is a ground-breaking deal in the region with its scale and significance,' said Yang Dan, vice president of GE Power in China. 'The M&D Center will speed up the digitization of Datang and will promote the effective integration of Datang's power assets with the capabilities of Internet+, cloud computing and big data. Moving forward, GE and Datang will continue to propel the digitization of China's power industry by expanding our IIoT collaboration.'

For years, China Datang Group has been focusing on improving the efficiency of the current installed base and pursuing sustainable and innovative growth. Driven by technological innovation, Datang has accelerated structural reform and has accomplished more efficient, cleaner and sustainable development of its primary business - power generation. The M&D Center perfectly fits into Datang's roadmap and will become Datang's domestic base to support its international footprint.

Using GE's digital solutions, Datang will benefit from a real-time data collection, enabling efficient problem-solving guidance and the avoidance of false alarms. Based on GE's global research of similar global fleets, the immediate outcome from using digital solutions can result in an average of 2 percent increase in power generation output, 5 percent decrease on unplanned downtime and 25 percent savings of operational and maintenance costs for gas power plant. For coal-fired plants, on top of an average efficiency gain of 1.5 percent and a decrease of 5 percent unplanned downtime, the carbon emissions could be reduced by 3 percent.

About GE

GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the 'GE Store,' through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power

GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world's largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

For more information, visit the company's website at www.gepower.com and follow us on Twitter @GE_Power.

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For more information, please contact:

Ashley Nelson

GE' Power Digital Solutions
+1 925 316 9197

Ashley.nelson1@ge.com