OSIsoft Case Studies Xcel Energy uses the PI System to improve wind forecasting and save $46 million in operation costs

	Xcel Energy uses the PI System to improve wind forecasting and save $46 million in operation costs OSIsoft

Xcel Energy uses the PI System to improve wind forecasting and save $46 million in operation costs

OSIsoft

Technology Category	Analytics & Modeling - Predictive Analytics Functional Applications - Enterprise Asset Management Systems (EAM) Sensors - Environmental Sensors
Applicable Industries	Renewable Energy
Applicable Functions	Business Operation
Use Cases	Outdoor Environmental Monitoring
Challenge	Inability to predict wind power supply limited how much power renewable energy sources could provide. Read More
About Customer	- Read More
Customer Name	Xcel Energy Read More
Solution	Integrated weather forecasting data from NREL with operational data stored in the PI System to forecast wind conditions and optimize wind turbine performance. Resulting savings: $46 million. Read More Log in to view content
Data Collected	Asset Performance, Overall Equipment Effectiveness, Power Consumption, Weather, Wind Speed Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Predictive Analytics

Functional Applications - Enterprise Asset Management Systems (EAM)

Sensors - Environmental Sensors

Applicable Industries

Renewable Energy

Applicable Functions

Business Operation

Use Cases

Outdoor Environmental Monitoring

Challenge

Inability to predict wind power supply limited how much power renewable energy sources could provide.

About Customer

Customer Name

Xcel Energy

Solution

Integrated weather forecasting data from NREL with operational data stored in the PI System to forecast wind conditions and optimize wind turbine performance. Resulting savings: $46 million.

Data Collected

Asset Performance, Overall Equipment Effectiveness, Power Consumption, Weather, Wind Speed

Impact #1	[Efficiency Improvement - OEE] increased overall equipment effectiveness on wind turbinies

Impact #1

[Efficiency Improvement - OEE]
increased overall equipment effectiveness on wind turbinies

Benefit #1	$46 million in savings
Benefit #2	Reduced Wind Forecasting Error 38%
Benefit #3	Improved real time situational awareness

Benefit #1

$46 million in savings

Benefit #2

Reduced Wind Forecasting Error 38%

Benefit #3

Improved real time situational awareness

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Overview

Xcel Energy uses the PI System to improve wind forecasting and save $46 million in operation costs

Operational Impact

Quantitative Benefit