GE Digital (GE) (General Electric) Case Studies Discover the Power of Digital Across the Electricity Value Network (EVN) Customer Stories

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	Discover the Power of Digital Across the Electricity Value Network (EVN) Customer Stories GE Digital (GE) (General Electric)

Discover the Power of Digital Across the Electricity Value Network (EVN) Customer Stories

GE Digital (GE) (General Electric)

Technology Category	Analytics & Modeling - Real Time Analytics
Applicable Industries	Electrical Grids
Applicable Functions	Maintenance Business Operation
Use Cases	Predictive Maintenance Energy Management System
Services	Cloud Planning, Design & Implementation Services
Challenge	PSEG, one of the 10 largest electric companies in the U.S., was faced with the challenge of providing economic and reliable power as demand and fuel prices fluctuated. The company needed to maintain a profitable business with their existing power generation assets. At the same time, PSEG leadership recognized the value of leveraging data from their plants to make more informed decisions about operations and market opportunities. Read More
About Customer	PSEG is one of the 10 largest electric companies in the U.S. and New Jersey’s largest provider of electric and gas service. The company serves 2.2 million electric customers and 1.8 million gas customers. PSEG also owns and operates a diverse fleet of power plants with approximately 12,000 megawatts of generating capacity located primarily in the Mid-Atlantic and Northeast regions. Read More
Solution	To achieve PSEG’s digital transformation, GE’s team of experts focused on the Linden plant installing GE’s Operations Optimization. This involved capturing data from machine sensors, applying sophisticated analytics and creating insights that drive more profitable decisions for PSEG. An M&D center was created to help drive PSEG’s key performance indicators for system availability, thermal performance, and operations flexibility. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Applicable Industries

Electrical Grids

Applicable Functions

Maintenance

Business Operation

Use Cases

Predictive Maintenance

Energy Management System

Services

Cloud Planning, Design & Implementation Services

Challenge

PSEG, one of the 10 largest electric companies in the U.S., was faced with the challenge of providing economic and reliable power as demand and fuel prices fluctuated. The company needed to maintain a profitable business with their existing power generation assets. At the same time, PSEG leadership recognized the value of leveraging data from their plants to make more informed decisions about operations and market opportunities.

About Customer

PSEG is one of the 10 largest electric companies in the U.S. and New Jersey’s largest provider of electric and gas service. The company serves 2.2 million electric customers and 1.8 million gas customers. PSEG also owns and operates a diverse fleet of power plants with approximately 12,000 megawatts of generating capacity located primarily in the Mid-Atlantic and Northeast regions.

Solution

To achieve PSEG’s digital transformation, GE’s team of experts focused on the Linden plant installing GE’s Operations Optimization. This involved capturing data from machine sensors, applying sophisticated analytics and creating insights that drive more profitable decisions for PSEG. An M&D center was created to help drive PSEG’s key performance indicators for system availability, thermal performance, and operations flexibility.

Impact #1	PSEG improved performance with an integrated view that puts the plant manager and their trading counterpart on the same page.
Impact #2	Automatic notifications alert the plant manager to any operational anomalies in order to prevent risky operations.
Impact #3	Cloud-based visibility, insights and actions keep leadership focused on achieving their continuous improvement initiatives including identifying opportunities to improve thermal performance, increase operational flexibility and reliability.

Impact #1

PSEG improved performance with an integrated view that puts the plant manager and their trading counterpart on the same page.

Impact #2

Automatic notifications alert the plant manager to any operational anomalies in order to prevent risky operations.

Impact #3

Cloud-based visibility, insights and actions keep leadership focused on achieving their continuous improvement initiatives including identifying opportunities to improve thermal performance, increase operational flexibility and reliability.

Benefit #1	Achieved top quartile in heat rate and reduced production costs
Benefit #2	Minimized fuel start costs
Benefit #3	Improved reliability by 1% year 1 = $2MM value

Benefit #1

Achieved top quartile in heat rate and reduced production costs

Benefit #2

Minimized fuel start costs

Benefit #3

Improved reliability by 1% year 1 = $2MM value

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Overview

Discover the Power of Digital Across the Electricity Value Network (EVN) Customer Stories

Operational Impact

Quantitative Benefit