Connected Plant

A distributed energy resource management system, or DERMS, is a software platform used to manage a group of distributed energy resource (DER) assets—such as rooftop photovoltaic solar panels, behind-the-meter batteries, or a fleet of electric vehicles—to deliver vital grid services and balance demand with supply to help utilities achieve mission-critical outcomes. As a guest on […]

Artificial Intelligence is Integrated into AVEVA System Platform for Unsupervised Detection of Operational Anomalies  LONDON, UK, 6th July 2020  AVEVA, a global leader in engineering and industrial software, has today announced the launch of the AVEVA™ Insight OMI app, a first in the industry to infuse real-time artificial intelligence into an operator’s decision-making as well as improve overall operational agility. The smart […]

The imperatives of maintenance management have always been maximizing the availability, quality, and effectiveness of the equipment. And all of these must be achieved at the lowest possible cost in terms of machine and material. According to a report, the maintenance of manufactured products costs more than 30% of the operating costs. Over the past […]

Hitachi on July 1 commandeered a majority share of ABB’s lucrative Power Grids business and officially launched a joint venture company—Hitachi ABB Power Grids. The new company, which already has a volume of about $10 billion, is expected to provide financial muscle to support ambitious projects and new business opportunities as the sector embraces decentralization […]

An energy imbalance market (EIM) is a voluntary market that provides a sub-hourly economic dispatch of participating resources for balancing supply and demand every five minutes. One such market is the Western

In the competitive power market that exists today, utilities must utilize data to optimize their assets. With proper analysis, individual units, as well as fleets of plants, can balance operating costs

The power generation sector has been challenged by trends in digitalization, growth of intermittent renewables, equipment performance improvements, new generation, and storage technologies. Digitalization is a

Power customers are demanding personalized energy solutions, forcing the industry to alter business models. The leading providers of the future will be digital, agile, efficient, and highly customer-centric

The composition and heating values of fuel gas can vary from one moment in time to another. Using a Coriolis flow meter to obtain a mass flow measurement, rather than relying on a standard volume flow

Some experts have predicted there will be as many as 50 billion connected devices in service by the end of this year. That number basically includes all of the equipment, sensors, and gadgets around the world that together make up the internet of things (IoT). But how are they all connected, what allows them to […]