The FINANCIAL — GE Hitachi Nuclear Energy (GEH) and Exelon Generation, operator of the largest nuclear power fleet in the U.S., announced on September 29 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, according to GE.
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.”