STOCK TITAN

GE Awarded $3.7 Million from U.S. Department of Energy to Accelerate Decarbonization of U.S. Electrical Grid with Its g³ Gas Technology

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

GE (NYSE-GE) has secured $3.7 million in funding from the U.S. Department of Energy’s ARPA-E to advance two projects aimed at decarbonizing the U.S. electrical grid. The first $2.3 million will enhance GE's g³ gas technology, reducing reliance on sulfur hexafluoride (SF₆), a potent greenhouse gas. The second $1.4 million supports a lifecycle management project for g³ products, focusing on monitoring gas leakages. This initiative aligns with U.S. goals for net-zero emissions by 2050, projecting significant reductions in CO₂-equivalent emissions.

Positive
  • Awarded $3.7 million in funding from ARPA-E indicates strong governmental support.
  • Development of g³ technology could position GE as a leader in green technology.
  • Potential to significantly reduce greenhouse gas emissions, equating to the emissions of 2.5 million vehicles.
  • The funding supports projects aligned with U.S. net-zero emissions goals by 2050.
Negative
  • None.

BOSTON & PARIS--(BUSINESS WIRE)-- GE (NYSE-GE) announced today it has been awarded a total of US $3.7 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) for two related projects to help accelerate the decarbonization of the U.S. electrical grid.

The first award in the amount of $2.3 million to GE Renewable Energy’s Grid Solutions business relates to the development of a sulfur hexafluoride (SF6)-free 245 kilovolt (kV) dead tank circuit-breaker1. The new circuit-breaker will use GE’s game-changing g3 (pronounced “g”- cubed) gas insulating and switching technology, which has a global warming potential that is 99% less compared with SF62, to deliver the same high performance as a traditional SF6 circuit-breaker. As g3 products have the same dimensions as SF6 equipment, there is no increase in emissions during the manufacturing process from additional material.

The second award to GE Research Center in the amount $1.4 million is part of a $2.7 million project led by the University of Connecticut that will focus on the life cycle management of g3 products, mainly gas leakages and byproduct detection, capture and monitoring tools.

“SF6 is a significantly more potent greenhouse gas than carbon dioxide and can remain in the atmosphere for up to 3,200 years. ARPA-E anticipates that any technology developed to replace SF6 could have a significant and widespread global impact as countries look to reduce, regulate, or eliminate SF6 emissions from their electrical grids,” said Dr. Isik Kizilyalli, ARPA-E Associate Director for Technology.

“We are honored that ARPA-E recognizes the importance GE’s g3 gas technology. This funding will help demonstrate the applicability of g3 gas for the commonly used 245 kV voltage level used by transmission operators in the U.S.,” said Danielle Merfeld, Chief Technology Officer at GE Renewable Energy. “One of the major advantages of GE’s g3 gas is that this fluoronitrile-based solution is scalable to higher voltage levels. As part of this project, the 245 kV g3 circuit breaker will be scaled to 550 kV, which helps accelerate market acceptance of SF6-free technology and support the U.S.’s goal of net zero emissions by 2050.”

Every year, an average of 450 tons of SF6 gas is installed on the U.S. grid by new manufactured electrical equipment, according to the greenhouse gas inventory data published by the United Nations Framework Convention on Climate Change (UNFCCC). This represents an estimated 11.3 million tons of CO2-equivalent installed in the country. By replacing the SF6 gas with GE’s g3 technology, this would represent a significant reduction in CO2-equivalent, comparable to about 2.5 million passenger vehicles on the road during a one-year period.

Click to read the full press release.

Notes to the Editor:

About GE’s Grid Solutions

Grid Solutions, a GE Renewable Energy business, serves customers globally with over 13,000 employees. Grid Solutions provides power utilities and industries worldwide with equipment, systems and services to bring power reliably and efficiently from the point of generation to end power consumers. Grid Solutions is focused on addressing the challenges of the energy transition by enabling the safe and reliable connection of renewable and distributed energy resources to the grid. We electrify the world with advanced grid technologies and accelerate the energy transition. For more about GE’s Grid Solutions, visit https://www.gegridsolutions.com.

For media inquiries, contact:

Allison J. Cohen

GE Renewable Energy, Grid Solutions business

External Communications Manager

+972-(0)54-7299742

Allison.J.Cohen@ge.com

Todd Alhart

GE Research Center

Executive, Media Relations and Chief Technology Storyteller

(518) 338-5880

Todd.Alhart@ge.com

Source: GE

FAQ

What projects is GE funding with the $3.7 million from ARPA-E?

GE is funding two projects aimed at decarbonizing the U.S. electrical grid, focusing on g³ gas technology and lifecycle management.

How much funding did GE receive from ARPA-E for decarbonization efforts?

GE received $3.7 million in funding from ARPA-E.

What is g³ technology developed by GE?

g³ technology is a gas insulating and switching technology that significantly reduces greenhouse gas emissions compared to traditional SF₆.

What are the environmental benefits of GE's g³ technology?

It has a global warming potential 99% lower than SF₆ and aims to reduce CO₂-equivalent emissions comparable to 2.5 million vehicles.

When is the goal for the U.S. to achieve net-zero emissions?

The U.S. aims to reach net-zero emissions by 2050.

GE Aerospace

NYSE:GE

GE Rankings

GE Latest News

GE Stock Data

198.76B
1.08B
0.16%
80.36%
1.01%
Aerospace & Defense
Electronic & Other Electrical Equipment (no Computer Equip)
Link
United States of America
EVENDALE