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NYPA and GE partner to create world’s first digital utility
- 7 years ago (2017-10-26)
- David Flin
GE has announced the signing of an agreement with the New York State Power Authority (NYPA) to advance NYPA’s goal to be the world’s first fully digital utility. NYPA intends to work with GE to explore digitalisation of every aspect of its operations, from its 16 generating facilities and 1400 miles of transmission network.
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Gil C. Quiniones, President and CEO of NYPA, said: “NYPA is committed to the further build-out of our vision to become the first digital utility, creating a real-time digital replica of our assets and automating many back-office processes. As we move forward in this journey and embrace the best practices, we will look to become the first digital utility, end-to-end, which will better enable us to assist in the goal of New York generating 50 per cent of its electricity from renewable resources by 2030.”
The agreement between NYPA and GE builds on a 2016 commitment by NYPA to use GE’s Asset Performance Management software to help make its power generation and transmission assets more resilient and better able to detect potential future outages.
The new agreement calls for GE’s application development platform Predix to become NYPA’s Industrial IoT platform of choice. It also intends for NYPA’s expanded use of software from GE to further enhance the efficiency and reliability of NYPA fossil and hydroelectric power generation assets.