29 Sep '15, 8pm

GE’s Digital Power Plant: the Natural Gas Contender to Grid Batteries

General Electric is sinking billions of dollars into natural gas turbines and power plants as the answer to the world’s need for cleaner and more flexible power. It’s also investing heavily in software to manage every aspect of electricity generation, distribution and consumption, in the form of its internet of things (IOT) offering, which it calls the “industrial internet.” On Tuesday, GE put those two businesses together in the form of its Digital Power Plant offering. The IOT-equipped, cloud-supported software suite aims to squeeze increased flexibility and efficiency out of existing and new gas-fired power plants, to the tune of $50 million to $230 million in added value per plant. GE also announced its first Digital Power Plant customers: New Jersey's Public Service Enterprise Group (PSEG) for its gas-fired generators, and multi-state generator Exelon for nuclear, gas...

Full article: http://www.greentechmedia.com/articles/read/ges-digital-p...

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