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GE Digital empowers assets and operations to do more. As power generation transitions to a system that embraces emerging, distributed, digitally-enhanced and decarbonized technologies, GE Digital partners with customers to provide more reliable, efficient and sustainable electric power. Whether the goal is zero unplanned downtime or net zero, our software, tools and unparalleled domain expertise (129 years and counting) help customers thrive.
GE Digital supplies clients with world-class industrial software offering predictive analytics capability. We help customers boost availability, efficiency, connectivity and growth. We run millions of analytic operations on the world’s largest fleet of assets under management across the world. Because that’s what partnering with GE Digital looks like. Having access to these operational systems not only allows for real-time monitoring, but it also gives customers the ability to optimize and automate as part of a fully secure, fail-safe, closed-loop process. Regardless of location or OEM, GE Digital applications increase asset performance, improve operations and unlock new sources of revenue.
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Asset Performance Management (APM)
Variable demand introduces more volatility and risk to generators. Systems designed for baseload operation now flex continually, adding more strain and wear on assets, particularly in the balance of plant. This increases the risk of unplanned downtime.
Results: GE Digital’s Asset Performance Management (APM) software, global power producer, Enel, continues to use predictive analytics to proactively address asset issues (45 issues in just 27 months) to ensure safe and reliable operations for their fleet today. This resulted in 750 GWh of avoided downtime and a savings of 3.6M USD.
Operations Performance Management (OPM)
Today requires agility to ramp up or ramp down to meet an ever-changing need as the generation mix seeks to take advantage of low-carbon renewable sources whenever available. To stay competitive and profitable, generators must also employ solutions to squeeze ever ounce of optimization from their fleet.
Results: With GE Digital's Operations Performance Management (OPM) software Competitive Power Ventures (CPV) increased use of peak fire by 10x without impacting its maintenance interval and has improved the accuracy of the day ahead capacity predictions by 2%.
When an asset or process fails, it’s too late. GE Digital’s applications allow customers to aggregate, analyze and enact data across an entire organization to prevent outages and eliminate downtime. This aggregation of power plant data means that similar plants can be compared in an apples-to-apples way. As such, best practices can be quickly shared across an organization - encouraging emulation, collaboration and ultimately improving performance. Critical investment decisions in people and equipment can then be targeted to the plants with the greatest needs, and their benefits can be clearly measured from a financial standpoint: these changes can create millions and even billions of dollars in value.
The data itself can be analyzed to enable the accurate calculation of the remaining useful life of most balance of plant equipment, by combining detailed physics-based modeling with operational data and inspection records.
Better data and modeling starts with a conversation. Let’s talk.
Accurate digital twin models rely on domain knowledge and compiled machine data. GE Digital is a leader in both areas and our Digital Twins set the industry standard. A digital twin is most commonly defined as a software representation of a physical asset, system or process designed to detect, prevent, predict and optimize through real time analytics while delivering business value. But what goes into those models? We draw on our industry-leading data sets collected from across the world to facilitate the best models: our technology helps generate one-third of the world’s electricity. Our software helps control 70 percent of the power grids in North America, Africa and the Middle East. As a result, GE digital twins offer unparalleled accuracy and predictive capabilities.
Digital innovation starts with physics-based knowledge. It’s the basis on which digital solutions are built. So, any effort to digitalize the energy system starts there. As a 129-year-old technology company, no other organization in the world can match GE in depth of understanding of complex energy technologies and how it operates in the real world. While digitalization requires a long-term mindset and short-term vigilance, partnering with GE Digital can:
Generating smarter ways to do business is our legacy. GE empowers industry leaders to achieve, and often exceed, their goals.
SPE's investments in remote monitoring and commitment to digital transformation have led to best-in-class maintenance cost management.
Competitive Power Ventures uses GE Digital’s Operations Performance Management (OPM) software to drive significant operational production gains.