Digital helps utility and power generation customers maximize revenue
GE’s gas power business builds the gas turbines that generate 30% of the world’s electricity. Historically, those gas turbines powered giant power plants whose power generation was predictable and stable, which made it easier to balance supply and demand. Today, as more, lower-cost sources of renewable energy feed into the mix– from wind turbines in the middle of the desert, to solar panels on city homes—power generation is distributed but also intermittent. Renewable sources fluctuate, depending on weather, time of year, equipment reliability, etc., creating a choppy mix of energy for a grid designed to handle an uninterrupted flow of power.
That’s where our industrial software provides real value. Our digital solutions provide grid operators with the requisite tools and situational intelligence to recognize developing situations and act quickly and decisively, orchestrating flexibility across the grid for both utility and non-utility resources. Our software helps customers maximize the revenue they get from the power that’s produced, whether it’s from wind, solar or traditional power plants. It can help reduce operations and maintenance costs; improve power plant and network efficiency; reduce unplanned outages and downtime; and extend the operational lifetime of assets.