- New software is designed to enable power utilities to accelerate carbon reduction targets with existing assets, all while preserving their ability to reliably meet demand.
- Fleet Orchestration is the second software solution to be announced in as many months highlighting GE Vernova’s commitment to electrifying the world while simultaneously working to decarbonize it.
CAMBRIDGE, MA – November 14, 2023 – GE Vernova’s Digital business today announced the release of Fleet Orchestration, a new software solution designed to help power utilities successfully maximize the use of renewable energy. The software helps make it possible to accelerate carbon reduction targets with existing assets without sacrificing the ability to reliably meet demand. This news comes less than two months after the company announced the limited release of CERius™, its new carbon emissions management software.
“Renewables like wind and solar play an important role in the energy transition. They’re key to reducing the world’s dependance on fossil fuels. The challenge is that these energy sources are inherently variable—the wind doesn’t always blow, and the sun doesn’t always shine. But people always expect their lights to turn on when they flip the switch,” said Linda Rae, General Manager, Power Generation and Oil & Gas for GE Vernova’s Digital business. “This is where software solutions, such as Fleet Orchestration, can help reduce this uncertainty for power companies, giving them the confidence needed to ensure grid stability while simultaneously reducing emissions.”
Fleet Orchestration is a modern energy solution that uses artificial intelligence (AI)/machine learning (ML) and advanced modeling. Designed for vertically integrated utilities—those that generate, transmit, and distribute power—it allows for the seamless incorporation of renewables with existing assets. According to Kiran Darmasseelane, Industry Analyst at Verdantix, “Industrial firms seeking to integrate large amounts of renewable energy into the grid while maintaining stable and reliable power supplies are being forced to identify dynamic solutions that can adapt to ever-changing conditions and demands of the energy landscape in real-time. Solutions like GE Vernova’s Fleet Orchestration represent the puzzle piece that, until now, have been missing for the industry.”
The software has several key features, including its Performance Predictions and Unit Commitment Optimizer modules. Performance Predictions, previously only available for thermal power generation, is now available to provide renewable energy predictions. The module automates these predictions for various time intervals ranging from 15 minutes to weekly for each unit, block, and plant within the fleet. The new Unit Commitment Optimizer uses a fast-running stochastic model—one that’s beneficial when variability is present—to provide probabilistic insights for planning, as well as real-time recommendations when conditions change, on how to best navigate the uncertainty of matching generation and demand. These recommendations help with setting appropriate reserve margins and maximizing the use of renewables while still preserving reliability. Both factors can have a big impact on a utility’s carbon footprint.
The importance of setting appropriate reserve margins was highlighted in a study released by ISO New England last year. The study concluded that to reach 56% renewables use, the reserve margin—how many extra resources are needed to keep the system reliable in times of stress—may need to increase from 15% to 300% by 2040. Fleet Orchestration can reduce a utility’s need for excess fossil fuel reserves as it increases their confidence in their renewable energy strategy.
Another key feature of Fleet Orchestration is that it easily integrates with GE Vernova’s GridOS® Advanced Energy Management System (AEMS). GridOS, announced by the company earlier this year, is the world’s first software portfolio designed specifically for grid orchestration. Together, forecasting, unit commitment, and grid orchestration software can help when it comes to meeting demand and ensuring stability of the grid in the most cost-effective and sustainable way.
More information about how GE Vernova software is accelerating a new era of energy can be found here.
About GE Vernova:
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 140+ countries around the world. GE Vernova’s Digital business is focused on providing a suite of software products and services to customers aiming to accelerate a new era of energy by electrifying and decarbonizing the energy ecosystem through intelligent and efficient data analytics, monitoring, and management.
GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.
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