Industry Leaders Collaborate to Develop Applications on the Predix Platform
WILMINGTON, N.C. and CHICAGO-September 29, 2015-GE Hitachi Nuclear Energy (GEH) and Exelon Generation, operator of the largest nuclear power fleet in the U.S., announced today the joint development of two digital solutions based on GE’s Predix platform, the operating system of the Industrial Internet.
“Our industry is on the precipice of a digital revolution and Exelon is excited to partner with GE on several pilot programs that will help us deliver significant benefits for our customers, the industry and the environment,” said Michael Pacilio, EVP & COO, Exelon Generation.
One solution in joint development, an application known as Watchtower, will utilize data to predict asset performance and enable Exelon to obtain real-time operational status of plant equipment while also receiving proactive notifications of possible machine issues.
The other solution, an application known as Lighthouse, will use advanced analytics to examine historical organizational performance indicators to enhance decision-making capabilities, reduce costs and optimize operational performance.
The applications are part of GE’s new Digital Power Plant solution that will enable utilities and customers around the world to apply software, analytics and artificial intelligence to the crucial task of generating and managing electricity cleanly, efficiently, safely and securely in the cyber environment.
The applications are the culmination of extensive work by a team of GE and Exelon employees to brainstorm and develop solutions to some of the industry’s biggest challenges.
“Exelon is one of the first movers in deploying Industrial Internet solutions,” said Steve Bolze, president and CEO of GE Power & Water. “Given their history of innovation and delivering value to their customers we are incredibly excited about the impact this partnership will deliver in terms of customer value, decarbonization and our long standing collaboration.”
Exelon Corporation (NYSE: EXC) is the nation’s leading competitive energy provider, with 2014 revenues of approximately $27.4 billion. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with approximately 32,000 megawatts of owned capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to more than 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Exelon’s utilities deliver electricity and natural gas to more than 7.8 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Follow Exelon on Twitter @Exelon.
About GE Hitachi Nuclear Energy
Based in Wilmington, N.C., GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in June 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety. Follow GEH on Twitter @gehnuclear.
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