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GE's 1.5-MegaWatt Wind Turbine Technology Selected for Austrian Wind Project ZARAGOZA, SPAIN (September 22, 2004) — GE Energy is bringing its 1.5-megawatt wind turbine technology to Austria, where interest in wind-generated power is growing rapidly. A groundbreaking ceremony was recently held in Parndorf, Austria for GE's first 1.5-megawatt wind turbine project in the country. Eight of these machines will be installed for the oekostrompark Parndorf II (Parndorf II wind park), located in the state of Burgenland, southeast of Vienna. The new wind park is expected to be connected to the grid by December of 2004. The project is located near Lake Neusiedl in the Pannonische Tiefebene, a flat area in eastern Austria and western Hungary known for its strong wind conditions. Five wind turbines already are operating at the nearby Parndorf I wind park. Principal owner of both Parndorf wind parks is oekostrom AG Energieproduktion- und Beteiligungs GmbH, an energy production and joint stock company that is actively supporting preservation of the environment by constructing a decentralized network of renewable energy projects. Also owning shares of the wind park are Stadtwerke Hartberg, a municipal utility, and Greenpeace Energy. The Parndorf II project's estimated generation is 27.2 million kilowatts hours a year. The power will be sold directly by oekostrom AG to 5,000 green energy customers in Austria. The regional utility, Burgenländische Elektrizitätswerke AG (BEWAG), will provide the grid connection. As part of its Renewable Energy Act of 2003, the Austrian government is supporting wind energy projects by guaranteeing a 7.8 Euro-cent/kwh energy feed-in tariff for 13 years. "We are very pleased to support Austria's on-going efforts to increase its supply of clean, renewable energy," said Steve Zwolinski, president of GE Energy's wind operations. "The country is enjoying one of the fastest growth rates for wind power in Europe." Austria installed 276 megawatts of new wind power capacity during 2003, the third highest new capacity total in Europe. This more than doubled the country's installed wind energy capacity to a total of 415 megawatts, reports the European Wind Energy Association, or enough wind power to meet the annual requirements of about 250,000 Austrian homes. According to BTM Consult, a Danish consulting firm, Austria's wind power capacity is expected to increase to 1,515 megawatts by the end of 2008. The GE 1.5-megawatt wind turbines for the oekostrompark Parndorf II project will be assembled at GE Energy's facilities in Salzbergen, Germany. These machines are among the most widely tested and sold wind turbines in their size category, with more than 2,400 units installed worldwide. About GE Energy GE Energy (www.gepower.com) is one of the world's leading suppliers of power generation and energy delivery technology, with 2003 revenues of nearly $18.5 billion. Based in Atlanta, Georgia, GE Energy provides equipment, service and management solutions across the power generation, oil and gas, transmission and distribution, distributed power and energy rental industries. With wind turbine design, manufacturing and/or assembly facilities in Germany, Spain, India and the United States, GE Energy's current wind energy portfolio includes wind turbines with rated outputs ranging from 1,500 to 3,600 kilowatts, and support services ranging from project development assistance to operation and maintenance. The company has developed and/or installed more than 6,700 wind turbines with a total capacity exceeding 4,900 megawatts. For more information, contact: GE Energy: Dennis Murphy GE Energy +1 678 844 6948 dennis.murphy@ps.ge.com Ken Darling or Howard Masto Masto Public Relations +1 518 786 6488 kenneth.darling@ps.ge.com howard.masto@ps.ge.com > Press Contacts > More 2004 Press Releases |