Wärtsilä Corporation, Press release, 30 December 2015 at 9.30 am EET
Wärtsilä will supply a 47 MW Smart Power Generation power plant to Rochester Public Utilities (RPU) in Minnesota, USA. The order includes five Wärtsilä 34SG engines running on natural gas. The equipment will be delivered in the autumn of 2017, and the plant is expected to be fully operational in May 2018.
"Wärtsilä engines are an important piece of RPU's diversified portfolio which also includes various forms of renewable generation. This facility will help meet RPU's capacity obligation with the reliability and reduced emissions of a natural gas powered plant. Compared to the aged coal and gas turbine based capacity it will replace, the power plant will nearly double the efficiency and reduce hourly carbon emissions by 50 percent," says Walter Schlink, Director of Power Resources at RPU.
According to Schlink, being able to produce RPU-owned, low-cost energy provides a hedge against the risk of volatile electricity prices when RPU markets the unit within the Midcontinent Independent System Operator (MISO). The quick-start attributes of this facility will allow RPU to take advantage of market opportunities and offer products into MISO outside of just energy, such as reserves and regulation.
Fast load-following capacity will also be needed to support the use of wind and solar energy in Minnesota. The state's Renewable Energy Standard is one of the strongest in the USA: 25 percent of the total electrical generation should come from renewable sources by 2025.
Wärtsilä's installed power generation base in the United States is approximately 2800 MW and globally 58 GW.
Learn more about the market opportunities of fast-starting generation in the USA: http://www.smartpowergeneration.com/spp
Business Development Manager
Wärtsilä Energy Solutions
Tel: +1 913 523 5126
Wärtsilä Energy Solutions
Tel: +358 50 4042006
Wärtsilä Energy Solutions in brief
Wärtsilä Energy Solutions is a leading global supplier of flexible baseload power plants of up to 600 MW operating on various gaseous and liquid fuels. Our portfolio includes unique solutions for peaking, reserve and load-following power generation, as well as for balancing intermittent power production. Wärtsilä Energy Solutions also provides LNG terminals and distribution systems. As of 2015, Wärtsilä has 58 GW of installed power plant capacity in 175 countries around the world.
Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximizes the environmental and economic performance of the vessels and power plants of its customers. In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 17,700 employees. The company has operations in more than 200 locations in nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland. www.wartsila.com
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Source: Wärtsilä Oyj Abp via Globenewswire
Source: Thomson Reuters ONE
(December 30, 2015 - 2:30 AM EST)
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