GE Enhances Digital Power Plant Software and Introduces Hydropower Apps

file

By Editors of Power Engineering

GE today announced a significant expansion of its suite of Predix-based software for power producers, grid operators and energy managers.

GE’s latest release of Digital Power Plant software for gas, steam and nuclear plants features new tools to help customers reduce unplanned downtime by up to 5 percent, reduce false positive alerts by up to 75 percent and reduce operations and maintenance costs by up to 25 percent. It also includes software that provides power producers with accurate and timely plant operating capacity information which energy traders can use to generate incremental revenues.

Also unveiled today, the Digital Hydro Plant is GE’s fourth major Predix-based Digital Power Plant solution. The Digital Hydro Plant extends GE’s digital solutions to the hydropower vertical with possible benefits including up to 10 percent reduced maintenance costs, 1 percent increase in plant availability and up to 3 percent increased revenue.

Eight percent of all generated electricity never reaches its intended customer due to grid outages. To address this challenge, GE has introduced a new set of Intelligent Digital Substation solutions for the electrical grid. These solutions include GE’s asset monitoring & diagnostics and automation applications, based on its DS Agile Digital Control System. GE’s Intelligent Digital Substations improve maintenance scheduling, optimize asset utilization, prevent failures and increase reliability of electrical grids by reducing power outage probability and duration.

Finally, a new intelligent energy management tool from Current, powered by GE, will help managers of commercial and industrial facilities use energy more efficiently.

“In just the past year, we’ve seen more than 30 international, state and private power producers and utilities begin their digital journeys with GE,” said Ganesh Bell, chief digital officer, GE Power. “Today’s announcements represent another major step forward in the digitalization of the industry. I believe we will look back on 2016 as a tipping point when digital transformation went mainstream.”

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Shell Leverages Data to Transform from Reactive to Predictive Operations

This 6-page report describes how Shell engaged in a massive project with OSIsoft to transform the...

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...