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GE Power & Water Wins Outage Services Work for DTE Energy's Fermi 2 Nuclear Power Plant

GE Hitachi and GE Power Generation Services to Provide Full Scope of Outage Services to Plant

MONROE, MICH.-July 16, 2015-Michigan-based DTE Energy (NYSE: DTE) has awarded outage services work to GE Power & Water (NYSE: GE) through GE Hitachi Nuclear Energy (GEH) and GE Power Generation Services (PGS) for the utility's Fermi 2 Nuclear Power Plant.

GEH will provide a host of outage and inspection services related to the boiling water nuclear reactor at the Fermi 2 plant in Newport, Michigan, while PGS will provide inspection and maintenance services to the main generator and six turbine valves. The services will be provided during an outage this fall.

“These awards are outstanding examples of the comprehensive, end-to-end solutions that GE Power & Water provides to nuclear power customers,” said Lance Hall, senior vice president, Nuclear Services and Fuels, GEH. “We're pleased to strengthen our alliance with DTE Energy and look forward to bringing project management excellence, technical rigor, industry-leading performance and innovative technology solutions to the fall outage at Fermi 2.”

Fermi 2 is a 1,170-megawatt (MW) boiling water reactor that has been operating since 1988. The reactor has the capacity to provide clean, carbon-free electricity to more than 1 million homes. Global Nuclear Fuel, a GE-led joint venture, has provided fuel to the plant since the initial core load.

In addition to providing critical maintenance services to its existing unit, GEH also has partnered with DTE Energy in the new plant's space. In April, the utility received approval from the Nuclear Regulatory Commission (NRC) for a license to construct and operate a GEH Economic Simplified Boiling Water Reactor (ESBWR) on the Fermi 2 plant site. Issuance of the license concluded a six-year process that examined the technical, safety and environmental aspects of the potential 1,500-MW unit. The license marked the first for an ESBWR and came on the heels of the reactor's NRC certification in 2014.

About GE

GE (NYSE: GE) imagines things others don't, builds things others can't and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world's most complex challenges related to water availability and quality. Power & Water's six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE's largest industrial business.

About GE Hitachi Nuclear Energy

Based in Wilmington, N.C., GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in June 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety.

For further information please contact:

Shaun Wiggins
GE Power & Water
+1 518 385 5992
shaun.wiggins@ge.com

Jon Allen
GE Hitachi Nuclear Energy
+1 910 819 2581
jonathan.allen1@ge.com

Laura Aresi
GE Power & Water
+39 335 6978871
laura.aresi@ge.com