Skip to main content
Operations Performance Management (OPM) for Power Generation

PSEG Improves Performance and Lowers Costs

PSEG Improves Performance and Lowers Costs
PSEG Improves Performance and Lowers Costs
Watch the Video
Costs

Reduced product costs and minimized fuel start costs

$ 2 million

Value in first year due to 1% improvement in first year

Introduction

Company

PSEG

Product Categories

Operations Performance Management (OPM) for Power Generation, Asset Performance Management (APM) Software

PSEG is one of the 10 largest electric companies in the U.S. and New Jersey’s largest provider of electric and gas service—serving 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.

Challenges

Turning data into visibility, insights, and actions

 

Faced with the challenge of providing economic and reliable power as demand and fuel prices fluctuate, PSEG 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.

Solutions

Generating competitive power

 

To achieve PSEG’s digital transformation, GE Digital’s team of experts focused on the Linden plant, installing Operations Performance Management (OPM) to capture data from machine sensors, applying sophisticated analytics and creating insights that drive more profitable decisions for PSEG. A Remote Monitoring & Diagnostics (RM&D) center was created to help drive PSEG’s key performance indicators for system availability, thermal performance, and operations flexibility.

Results

Increasing reliability and improving operations

 

PSEG improved performance with an integrated view that puts the plant manager and their trading counterpart on the same page. Automatic notifications alert the plant manager to any operational anomalies in order to prevent risky operations. 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.

Explore GE Digital's Industrial Apps

card-asset-performance-mgmt-768x768.jpg
Industrial Software

Asset Performance Management (APM) Software

Optimizing the performance of assets to increase reliability and availability, minimize costs, and reduce operational risks.

Related customer stories

181 Results
BBAM Aircraft Leasing Uses GE Digital’s Asset Transfer System to Help Improve Efficiency, Lower Costs
Aviation

BBAM Aircraft Leasing Uses GE Digital’s Asset Transfer System to Help Improve Efficiency, Lower Costs

Read how BBAM has modernized their management of leased asset documentation and digitized their complete aircraft transitions using software from GE Digital…