(Corrects capacity in headline and first paragraph of story first published yesterday.)
Dec. 9 (Bloomberg) -- Electricite de France SA and GE Energy will develop a 510-megawatt combined-cycle gas power generator in northern France.
The new-generation GE model will be built at an existing plant at Bouchain by 2015, when an existing coal-fired thermal power plant is scheduled to be shut down, according to a statement from the Paris-based utility.
The plant will cost 400 million euros ($536 million), EDF Chief Executive Officer Henri Proglio said. The project is part of a “strategic partnership” with GE and aimed at modernizing EDF’s thermal plants by 2023, EDF said.
The new power plant will be able to reach maximum output within 30 minutes compared with about an hour for existing fossil-fuel plants, according to the utility.
--With assistance from Stephen Cunningham and Alex Devine in London. Editors: Alex Devine, Will Kennedy
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