digital
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Connected Plant
Data Is the New Power: Key Learnings from a Successful ERP Migration
Enterprise resource planning (ERP) software allows an organization to use a system of integrated applications to manage and automate many business functions related to operations, technology, services, and
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IIOT
Technology’s Role in Shaping 2020—and Beyond
In the year 2020, the energy sector will continue to undergo major changes. From doubling-down on alternative energy sources—as the world places more importance on sustainability—to the large number of workers retiring in droves, there will be substantial shifts in the way energy companies, including power generators and oil and gas producers, prioritize in the […]
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Technology
The POWER Interview: What Is Big Data?
The term “Big Data” is used frequently by tech-savvy power industry professionals, but what does it really mean. To get an insider’s perspective, POWER posed the question to Akshay Patwal, strategic business manager with Siemens Energy. Patwal leads the development and commercialization of digital business transformation projects, using big data platforms and analytics to create […]
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Connected Plant
Fully Digital Nuclear I&C Upgrade Gets ‘Unprecedented’ NRC License
A fully digital nuclear reactor instrumentation and control system (I&C)—the first of its kind in the U.S.—at a Purdue University research reactor in West Lafayette, Indiana, has been licensed by the Nuclear Regulatory Commission (NRC). Upgrades to digitalize Purdue University Reactor Number 1 (PUR 1)—a pool-type12-kWt reactor (that runs at 1 kW) originally built in […]
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Connected Plant
GE Launches New Analytics Technologies to Boost Grid Efficiency
General Electric (GE) has rolled out a new portfolio of predictive analytics that could allow utilities to use data from transmission and distribution networks to achieve better operational efficiency as more distributed assets are introduced to the grid. The company on June 11 unveiled three new grid analytics—for storm readiness, network connectivity, and effective inertia—that […]
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Press Releases
Siemens Has Transformer Deal with Egyptian Electricity Transmission Co.
Siemens announced that it has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to supply the country’s first digital power transformer – Siemens’ Sensformer. As the world’s first comprehensive digital transformer, Sensformer, is expected to increase energy reliability and efficiency for the Kafr El Sheikh and New Zagazig 500/220-kilovolt (kV) substations for the […]
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News
Siemens Will Exit Power, Gas, Renewable Businesses
Siemens will spin off and give up its majority stake in its lucrative Gas and Power division—comprising its conventional power generation, power transmission, oil and gas, and related services businesses—and transfer its current majority 59% stake in Siemens Gamesa Renewable Energy (SGRE) to the new business. The company’s supervisory board announced the spinoff on May 7 […]
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IIOT Power
THE BIG PICTURE: 30 Innovations Revolutionizing the Power Industry
Between 2005 and 2016, the global installed capacity of solar PV increased more than seven-fold, and the capacity of onshore wind increased nearly three-fold, and owing to plunging costs, variable renewable energy (VRE) capacity is set to expand dramatically, according to the International Renewable Energy Agency (IRENA). To accommodate soaring shares of VRE generation, innovations […]
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Connected Plant
How the Digital Twin Is Propelling Time Travel within the Power Industry
Wouldn’t it be nice if we could travel in time? From space travel and self-driving vehicles to video calls and virtual reality, innovations in technology continue to push the boundary between science fiction and science fact. In the power industry, we are witnessing a dramatic transformation, as wireless networking technologies drive advancements in the Internet […]
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IIOT Power
Advanced Digital Technology Offers Utilities Profound Changes
Advanced digital technologies, including robotics, artificial intelligence, and machine learning, are transforming the way electric power companies do business, in ways that benefit the companies and their