According to a recent release, The New York Power Authority (NYPA) is implementing a critical asset performance management (APM) initiative that uses predictive analytics to monitor transmission asset health. The monitoring software, Grid APM from GE Power, will analyze the health of NYPA’s transmission infrastructure to identify potential asset risks, optimize asset operations and reduce unplanned outages. This cutting edge capability not only means increased reliability for NYPA’s customers, but also marks a significant step in NYPA’s effort, under Governor Andrew M. Cuomo’s leadership, to become a fully digital utility.
“Monitoring transmission asset health and risk is paramount to our asset management strategy and allows us to optimize existing infrastructure with significant cost avoidance,” said Gil C. Quiniones, CEO and President, NYPA. “Our recent implementation of this software on generation assets has already saved up to $3 million in emergent maintenance costs. This helps make our power generation and transmission assets smarter and more resilient, reducing the risk of potential future outages.”
NYPA owns and operates approximately one-third of New York’s high-voltage power lines, which form the backbone of the state’s power grid. These lines transmit power from NYPA’s three large hydroelectric generation facilities and wind power generation facilities, connecting nearly 7,000 megawatts of renewable energy into New York State’s power grid. This includes connecting more than 6,200 megawatts of hydroelectric power and about 700 megawatts or more than a third of New York State-generated wind energy to the grid.
Part of GE Power’s Digital Energy software portfolio, Grid APM tracks overall health of transmission assets over time and becomes increasingly more accurate as more data is collected. Integrating the digitized asset management approach into generation and now transmission assets allows NYPA to monitor assets comprehensively and make informed decisions when planning maintenance activities or allocating grid modernization investments. The data will feed into NYPA’s Integrated Smart Operations Center (iSOC) and transmit critical insights to key operations individuals.
“NYPA’s drive to become a digital utility is a model for the energy sector,” said Steven Martin, Chief Digital Officer, GE Power. “By collecting and analyzing data and monitoring asset health across their network, NYPA is helping to evolve the grid toward its inevitable future as an autonomous and self-healing system.”
Ken Briodagh is a writer and editor with more than a decade of experience under his belt. He is in love with technology and if he had his druthers would beta test everything from shoe phones to flying cars.Edited by
Ken Briodagh
