The nation’s largest utility, Exelon Corp., will deploy GE’s Predix software application across it’s 32,700 MW generation fleet, the companies announced at the GE Minds+Machines conference in San Francisco Tuesday morning.
The digital software technology is designed to improve power plant reliability and performance, according to the release. As part of this agreement, GE will provide Exelon with its Predix platform, and Digital Power Plant and Digital Wind Farm solution suites, including asset performance management, operations and business cybersecurity and advanced controls/edge computing solutions.
“As the only Fortune 100 company in the electricity sector, we have a unique opportunity to lead the energy industry in the exploration, development and deployment of the next generation of clean, diverse energy technologies,” said Chris Crane, president and CEO of Exelon. “This agreement allows for enhanced collaboration between GE and Exelon to develop solutions to complex industry challenges and accelerate the adoption of new, digital technologies across our industry.”
Both companies also announced a collaboration to co-develop, test and build next-generation software as a service (SaaS) applications built on the Predix platform for future market opportunities.
“Exelon is one of America’s most admired energy businesses, and its embrace of digital marks a tipping point for the industry, “said Steve Bolze, CEO, GE Power. “Building on the success of several pilots conducted across Exelon’s fleet last year, Predix is leveraging the power of cloud-computing and data analytics to allow for increased visibility across Exelon’s entire generation fleet.
Bolze added that 25 new customers are deploying Predix-based Digital Power Plant and Digital Wind Farm solutions. Exelon serves the most customers of any utility in the U.S.
“We’ll look back on today as the pivotal moment digital transformation went mainstream,” Bolze said.
Exelon’s six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries.
Exelon also is one of the largest competitive U.S. power generators, with more than 32,700 MW of nuclear, gas, wind, solar and hydroelectric generating capacity.
GE Power is focused on software that helps customers deliver electricity from a wide spectrum of fuel sources. Its offering includes the digital power plant, upgrade and service solutions as well as software.