The plant, which features four 323-MW coal-fired units, is the largest independent steam power plant in Pakistan, GE said.
GE’s Predix, a software platform that enables power producers to create a virtual power plant that runs in the cloud, will allow the plant’s operators to analyze and monitor a real-time simulation of conditions inside the actual plant. The technology will help identify any maintenance issues ahead of time, allowing operators to make quick adjustments and fixes to keep the plant running as efficiently as possible.
“GE’s digital solutions are a game changer for the energy sector,” said Khalid Mansoor, CEO of Hubco.
GE said an estimated $90 billion is expected to be invested in the digitalization of energy by 2020.
“Energy is increasingly becoming digital,” said Steve Bolze, president and chief executive officer of GE Power. “This agreement with Hubco marks the sixth deployment of our advanced digital industrial solutions in the country.”
For a typical gas-fired plant, a digital twin can save up to $50 million over the remaining life of the plant, GE said. For a new gas plant, the savings could be as much as $230 million. For a new wind farm, up to $100 million in savings could be realized. The benefits include lower fuel costs, lower emissions, increased performance and reduced downtime.