General Electric : GE’s Fleet360* Total Plant Solutions to Help Increase Efficiency and Lower Emissions at Two Power Plants in Turkey

BADEN, SWITZERLAND-June 27, 2017-As part of its Powering Efficiency Center of Excellence (COE) capabilities, GE's Power Services (NYSE: GE) business will provide its Fleet360* total plant solutions to modernize two Turkish lignite-fired coal power plants for Yeniköy Kemerköy Elektrik Üretim ve Ticaret A.Ş. The upgrade of the two facilities, which serve 521,000 homes in Turkey and meet approximately 5 percent of Turkey's energy demand, will help increase the plants' capacity by 197.5 megawatts (MW)-enough to enable the plant to power the equivalent of approximately 198,000 homes-while also significantly decreasing plant emissions. The upgrades will also improve plant efficiency from 34 percent to up to 40 percent.

'In 2016, gross electricity consumption in Turkey increased by 4.44 percent while, at the same time, its electricity generation increased by 4.2 percent when compared to the previous year,' said Serhat ÇEÇEN, Chairman, IC İÇTAŞ Enerji Investment Holding and Yeniköy Kemerköy Elektrik Üretim ve Ticaret A.Ş. 'As our country looks for ways to increase power capacity, reliability and efficiency in line with national energy politics-while also decreasing emissions-we are trusting the future economic growth and national energy policies of our country, and our strategy has centered around modernizing our existing power generation assets. GE has a strong local presence and is a one-stop-shop service provider for all of our modernization needs. With these upgrades, our plants will be better positioned to help meet the future energy needs of Turkey's residents and businesses.'

GE's modernization and full plant refurbishment will include replacing five Zamech high-pressure, intermediate-pressure and low-pressure steam turbines and five Dolmel generators with air-cooled generators. GE will also upgrade five Rafako boilers, modernize five flue-gas desulfurization and electrostatic precipitator systems as well as the electrical and mechanical balance of plant and will install a distributed control system.

'We are excited to work with Yeniköy Kemerköy Elektrik Üretim ve Ticaret A.Ş and are pleased to be considered to be the one-stop service provider for all of its current and future energy and environmental needs,' said Michael Rechsteiner, vice president, GE's Power Services in Europe. 'Our Fleet360 total plant solutions, including our capabilities through our Powering Efficiency COE, represent our expanded offerings for all power generation equipment regardless of the original equipment manufacturer. This project marks our first total coal-fired power plant modernization project in Turkey.'

The project with Yeniköy Kemerköy Elektrik Üretim ve Ticaret A.Ş. is the latest example of GE's commitment to modernizing coal-fired power plants and generation equipment around the globe. GE's upgrade solutions will extend the lifetime of the power equipment by up to 20 years and significantly lower emissions at the two power plants to meet the country's emission limits, including:

• A decrease in NO emissions to a level less than 200 mg/Nm3 (600 mg/Nm today).
• A reduction in particulate matter emissions to a level less than 40 mg/Nm3 (50 mg/Nm today).
• A curtailment in SO emissions to a level less than 320 mg/Nm3 (1000 mg/Nm today).

GE's Powering Efficiency COE brings together cross-business expertise and technologies in its energy businesses to apply a total plant hardware and software solution approach to boost the efficiency of the world's new and existing coal-fired power plants and to significantly reduce their emissions.

The company's recent Ecomagination study found that existing coal plants can become 3.4 percent more efficient with more than half of the improvement coming from turbine and boiler updates, and 0.9 percent more efficient by applying the latest, innovative digital solutions. A 3.4 percent increase in average global coal-based power plant efficiency is estimated to reduce CO emissions from these plants by 9 percent.

In addition, as reported in GE's 'Building the Bridge to Europe's Energy Future ' white paper-which was announced at the POWER-GEN Europe trade show in Cologne, Germany-today, most electricity is produced by 30- to 40-year-old thermal fleets that will continue to be needed for many years to come. This existing infrastructure is the backbone of European power generation, and investments in efficiency, flexibility and cleaner power generation-like the ones in Yenikoy-will help secure profitable ongoing operations.

GE has supported Yeniköy Kemerköy Elektrik Üretim ve Ticaret A.Ş. since its privatization in 2014. Installations will start in July 2019 and are expected to be completed by October 2020, with the equipment being shipped from GE's facilities in Poland, Switzerland, Germany and the Czech Republic.

About Yeniköy Kemerköy Elektrik Üretim ve Ticaret A.Ş

Yeniköy and Kemerköy Thermal Power Plants and Lignite Mining Enterprise located in the middle of Gökova Bay. The privatization tender for these power plants was completed on 18.04.2014 and the facilities been overtaken for the purposes of operation by the IC İÇTAŞ Energy - LİMAK Energy joint undertaking as of 23 December 2014.
With a value of 2,71billion USD, the privatization was Europe's biggest in the sector.
Yeniköy Kemerköy Elektrik Üretim ve Ticaret A.Ş. is an important economic actor located in the Aegean region with a total of 1050 MW installed design power providing for approximately 5% of Turkey's energy demand; Yeniköy Thermal Power Plant has 2 units with a total of 420 MW design output and Kemerköy Thermal Power Plant has 3 units with a total of 630 MW design output. In addition to the power plant which is operated in accordance with technical and environmental standards, there is the Yeniköy Lignite Mining Enterprise providing coal which is composed of various coal mines.

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. Follow GE Power on Twitter @GE_Power and on LinkedIn at GE Power.

About GE's Power Services

GE's Power Services, headquartered in Baden, Switzerland, delivers world-class solutions for our customers across total plant assets and their operational lifetimes. This organization supports 2,800+ customers worldwide with an installed base of 28,000+ power generation assets, which includes other OEMs, and taps into the Industrial Internet to improve the performance of our solutions over the entire life cycle through the power of software and big data analytics.

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