Gas Turbine Efficiency plc (’GTE’ or ‘the Group’) GTE Announces Commercial Launch of Advanced Fuel & Combustion Business
Posted on January 29, 2008 – 9:28 am | by oilandgaspress.com
LONDON–(BUSINESS WIRE)–Gas Turbine Efficiency plc, a leading provider of advanced systems to enhance performance of aviation and industrial turbines, is pleased to announce the commercial launch of its Advanced Fuel & Combustion business.
This business segment has been established organically over the last quarter through the recruitment of a team of world-class industry experts. This team has been involved in both GTE and leading Original Equipment Manufacturer (OEM) product development that has produced over two dozen granted patents and applications.
The business represents the third leg of the Group’s strategy to broaden its products and services portfolio in the $10 billion global turbine aftermarket. This business unit provides a range of highly specialised services including consulting, design, root cause analysis and manufacturing. GTE is currently working in this capacity with several leading OEMs, which is expected to generate material revenues from 2008.
Demand for advanced fuel and combustion solutions is expected to grow strongly over the long term as turbine operators are driven to fuel flexible combustors that will operate on conventional fuels and on a wider variety of fuels such as liquefied natural gas, clean coal, and bio-fuel blends to reduce costs and carbon emissions. In addition, many industries want to decrease the flaring of gas due to tighter environmental controls, the rising cost of carbon allocations and the value of surplus gas.
Senior members of this business unit’s leadership team include:
John Battaglioli, Advanced Fuel and Combustion Solutions
27 years, computational fluid dynamics design
17 years, GE Energy – combustion advanced technologies, nuclear, research
10 years, owner of gas turbine consulting firm working with many OEMs
Developed a number of patented combustion components
Bill Barras, Combustion Repairs
32 years, Dow Chemical – Dynegy
Director – Dynegy parts and technical services
Manager – Dynegy gas turbine fleet maintenance
Founder and chairman – Siemens 501F user group
Site manager – EPRI research program
Co-founder and President – EXOR
Robert Bland, Chief Technologist – Combustion Architecture
PhD University of Sheffield – 20 years computational fluid experience
Siemens – Fellow Engineer, 9ppm combustor program
GE Energy – Technical Leader, 12 and 24K CI combustor program
25 gas turbine patents
Andrew Hamer, Chief Technologist – Fluid Mechanics Modeling
19 years, gas turbine aero-thermal computational simulation and design
GE combustion engineer; test engineer; design engineer
10 years, owner of gas turbine consulting firm working with many OEMs
John Barnes, Chief Technologist – Solid Mechanics Modeling
21 years, gas turbine mechanical computational simulation and design
GE Energy – lead mechanical analysis engineer on GE DLN development
GE Research Center – aircraft engine and power generation design
Developed number of patented combustion components
Steven Zwolinski, CEO of GTE, said; “The commercial launch of GTE’s fuel and combustion services business is a key part of our growth strategy. We now have the capability and technology and management leadership to support complete solutions for the industry on a flexible and fast-response basis. As a result, GTE is well-positioned to benefit from growing demand for advanced solutions that are not only environmentally friendly, but also deliver value to turbine operators.”
About GTE
Gas Turbine Efficiency plc, whose shares are traded on London Stock Exchange’s AIM market (Ticker: GTE), designs, manufactures and markets advanced integrated solutions for environmental, process and asset optimisation of gas turbines primarily in the aerospace, industrial and oil & gas sectors. These solutions include cleaning systems, performance monitoring, fluid and control sub-systems that improve turbine performance and availability, fuel efficiency and parts life, resulting in increased profits for our clients and a cleaner environment. The Group sells its products to blue chip customers worldwide from operational centres in Europe and the USA.
Contacts
Gas Turbine Efficiency plc
Steven Zwolinski, CEO, +46 8 546 10 528
or
Libertas Capital
Aamir Quraishi, Matthew Hindhaugh
+44 20 7569 9650
or
Corfin Communications
Neil Thapar, Harry Chathli
+44 20 7977 0020
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Tags: , ('GTE' or 'the Group') GTE, Combustion, Efficiency plc, Fuel, Gas Turbine
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