EthosEnergy awarded seven year contract for operations maintenance services by Rockland Capital

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Dec 14, 2016, 08:32 ET

HOUSTON, Dec. 14, 2016 /PRNewswire/ -- EthosEnergy has been awarded a seven year contract for full operations and maintenance (O&M) services, plus installation of EthosEnergy's proprietary ECOMAX^® technology, by Rockland Capital in support of Michigan Power, a 1x1 GE 7EA natural gas fired combined cycle cogeneration plant in Ludington, Michigan.

The contract is for full care, custody and control operations, and maintenance including transition services, plus the installation of EthosEnergy's advanced ECOMAX^® auto combustion tuning technology. This is the second facility of Rockland Capital's to have ECOMAX^® installed in the last twelve months, and third in total.

Ed Barndt, SVP Asset Management, of Rockland Capital said, "Although we have executed other term agreements with EthosEnergy, Michigan Power was the first O&M contract that we originated with them. We were pleased with our experience at another facility EthosEnergy operates for Rockland, and the combination of that positive experience along with ECOMAX^® delivered what we were seeking to have at Michigan Power.

"EthosEnergy's ability to deliver a value-add offering not only through its O&M management system but through the ECOMAX^® technology, which integrates seamlessly with our existing controls system and delivers increased plant performance, is a unique solution not offered by any other O&M provider."

Charlie Hoock, Senior Vice President of Operations & Maintenance, EthosEnergy said, "Our long-term relationship and proven track record at the Tilton facility, which Rockland purchased last year, gave them the confidence that we can continue to deliver real value to the plant through our O&M management system. Through utilizing our approach in three critical areas, plant performance, regulatory compliance and commercial execution, we are ensuring maximum return on Rockland's investment.

"The addition of the ECOMAX technology will produce better than industry average performance with regard to forced outage rate, therefore ensuring the plant is online for longer and running more reliability to produce greater output."

EthosEnergy's operations and management system focuses on maximizing plant performance and availability, mitigating risk, complying with all regulatory requirements, transparent and regular communication, reliability, cyber security and risk management expertise.

ECOMAX^® is a stand-alone, real-time automatic combustion optimization system which actively manages the complex dynamics of thermal performance. This proven system provides control and optimization of the unit to the operator, ensuring that plant operational and performance objectives are met while maintaining safe, reliable and predictable operations. ECOMAX^® delivers a fully automated solution that eliminates the need for manual tuning/operator intervention, optimizing the gas turbine in near real-time while controlling emissions and managing dynamics within the framework of operator-set parameters.

The benefits of ECOMAX^® include up to 3% or more of increased power output when desired; reduced wear and tear on the combustion components extending parts life and reducing repair cost; greater turn down performance allowing for reduced fuel consumption under low demand situations; eliminates down time for manual tuning events all while maintaining environmental compliance. ROI is measured in months for most customers. Gas turbine optimization solutions like ECOMAX^®are a part of the overall products and services offered by EthosEnergy designed to maximize the return on our customer's investment in power generation technologies.

SOURCE EthosEnergy