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  • GE Will Replace the Electric Equipment for Companhia Siderúrgica Nacional, One of the Largest and Oldest Steel Plants in Brazil
  • The Upgrade Service Will Help Improve the Plant’s Operation Efficiency and Reliability

Paris – 11 October 2018 — GE Power (NYSE: GE) has recently been selected by Companhia Siderúrgica Nacional (CSN), one of the largest steel producers in Latin America, to replace its converter in the steel plant in Volta Redonda, Brazil.

The Presidente Vargas Steelworks plant, located more than 100 kilometers west of Rio de Janeiro, has an annual production capacity of 5.8 million tons of steel. Inaugurated in the forties, it is also one of the oldest large steel plants in Brazil.

Looking to improve reliability and efficiency of the plant, CSN has chosen GE to provide the steel plant with the new drive system including the 12-megawatt (MW) synchronous motor, the 12-MW generator and one converter to replace the old equipment. The new converter, operating at a frequency of 50 hertz, will be used to feed remaining 50-hertz equipment, as the water pumps will use water from the nearby river for the steel process.

“Our plant, in Volta Redonda, was built back in the ’40s, and certain equipment needs a refurbishment. We trust in GE’s technology and capability to provide such an upgrade service that will help maintain the plant as one of the most productive of the region,” said Douglas Gualberto, Senior Development engineer of Companhia Siderúrgica Nacional.

“Steel goes into everything, from buildings and infrastructure to cars and appliances,” said Gagan Sood, CEO of Industry, Power and Wind, GE’s Power Conversion business. “Our energy-efficient electric machinery can help improve operational efficiency and reliability of the steelmaking process—as is the case for CSN’s steel plant—and help them reap more productivity in the decades to come.”

“GE has extensive experience and know-how in providing electrical equipment that power the world’s steel plants. We continue to serve the industry with more energy-efficient and reliable technology that will help our valued customers to deliver operational excellence,” said Azeez Mohammed, president and CEO, GE’s Power Conversion business.

About GE

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. To learn more, please visit www.ge.com

About GE Power

GE Power is a world energy leader that provides technology, solutions and services across the entire energy value chain from the point of generation to consumption. We are transforming the electricity industry by uniting all the resources and scale of the world’s first Digital Industrial company. Our customers operate in more than 150 countries, and together we power more than a third of the world to illuminate cities, build economies and connect the world.

For more information, visit the company's website at www.gepower.com. Follow GE Power on Twitter @GE_Power and on LinkedIn at GE Power.

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For more information, please contact:

Wenlin Jin, GE
Power Conversion, External Affairs
+33 (0)1 85 32 23 94
This email address is being protected from spambots. You need JavaScript enabled to view it.

Deutsche Energie-Agentur (dena) study examines application possibilities, technical conditions and business models in the energy system

San Ramon, California, October 11, 2018 – GE Power Digital has joined a study to evaluate the use of blockchain technology for energy industry applications. The study – launched by the German energy agency, Deutsche Energie-Agentur (dena) – will investigate whether blockchain applications can be operated economically and reliably in energy industry use cases.

Blockchain is a way to store and exchange data via a simple, distributed, digital ledger. Using this technology, transactions are verified, validated and compiled into blocks in real-time and can then be made autonomous. Unlike alternative digital ledger technologies, blockchain requires no intermediaries. It is distributed, thereby forming a single source of truth environment for any data and value transfer.

Because of these characteristics and the potential value they bring, blockchain’s applications continue to expand, including within the energy industry. The German energy industry is quickly turning into a development hub for blockchain technology due to the growth of distributed energy and the potential for microgrids. According to a 2016 dena survey of energy executives across Germany, more than 80% of respondents believed that blockchain will be a game changer or that further dissemination is likely.

Dena’s study, entitled “Blockchain in the integrated energy transition,” will explore the added value of blockchain compared to alternative systems and determine its technical and economic limits. GE and other study participants have identified use cases – including asset and management and energy trading – and will conduct simulation studies around them. The results will be published by dena in 2019.

“At its foundation, blockchain offers the best conditions for the exchange, validation and documentation of valuable data in an integrated energy system,” says Andreas Kuhlmann, dena’s chief executive. “We have come to a point where it is necessary to verify whether the technology’s potential can be implemented in practice from a technical, economic and legal standpoint. The energy system is a critical infrastructure that must work securely and be protected by digitisation at the information and communication technology level. Blockchain technology can help with that – we want our study to show precisely how.”

“The world’s most powerful utility in 2025 may not exist today. At the very least, it does not operate today as it will in the future. Blockchain is rapidly evolving and has the potential to be an enabling technology for the future grid, and as an industry we should continue to explore its applications,” noted Steven Martin, chief digital officer for GE Power. “By participating in dena’s study, we will experiment to identify the exact qualitative and quantitative value add of blockchain in enabling a decentralized, efficient and intelligent grid.”

For updates on the study progress, visit www.dena.de/de/blockchain.

About GE

GE (NYSE:GE) drives the world forward by tackling its biggest challenges: Energy, health, transportation—the essentials of modern life. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. www.ge.com

About GE Power

GE Power is a world energy leader providing equipment, solutions and services across the energy value chain from generation to consumption. Operating in more than 180 countries, our technology produces a third of the world’s electricity, equips 90 percent of power transmission utilities worldwide, and our software manages more than forty percent of the world’s energy. Through relentless innovation and continuous partnership with our customers, we are developing the energy technologies of the future and improving the power networks we depend on today. For more information please visit www.ge.com/power, and follow GE Power on Twitter and on LinkedIn

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·       GE recognized with 'Engineering Service Provider of the Year' award for 2017-2018 by Delhi International Airport Limited (DIAL), the second consecutive year GE has received this award

·       Per Airports Council International (ACI) ASQ 2017 rankings, the airport ranks as number one in the world for airport service quality 

·       GE Power’s Grid Solutions Services team operates and maintains the main receiving substation, which feeds electrical power to the airport, ensuring 24x7 power supply

New Delhi, India – October 11, 2018–Delhi International Airport Limited (DIAL), a subsidiary of GMR Group recognized GE (NYSE: GE) with the 'Engineering Service Provider of the Year' award for the year 2017-2018.The award was given to GE Power’s Grid Solutions Services team for providing outstanding services to operate and maintain the power distribution system at Indira Gandhi International Airport (IGIA), Terminal 3 in New Delhi, India.

The winners were recommended by an external independent agency that DIAL had appointed to study the key performance indices of all their engineering service providers. This is the second consecutive year that GE has received this coveted award from DIAL.The project is being executed by GE T&D India Limited, listed entity of GE Power’s Grid Solutions business in India.

According to Airports Council International (ACI) ASQ 2017 rankings, the IGI Airport ranks number one in the world for airport service quality. With over 63 million passengers flying through the Delhi airport in 2017, it has now surpassed Changi, Incheon and Bangkok airports in terms of passenger growth. It is now among the top 20 busiest airports across the world and the largest in India.

The airport is managed and operated by DIAL, a joint venture formed as a consortium between GMR Group, Airports Authority of India and Fraport AG & Eraman Malaysia. GMR is the lead member of the consortium. GE was awarded the long-term contract for operating and maintaining the power distribution system of the airport by DIAL in May 2010. The scope includes maintenance of 66/11 kV electrical distribution network, medium voltage diesel generating sets for the emergency backup and a fully SCADA controlled automated system.

In commenting about this achievement, Sunil Wadhwa, Managing Director - GETDIL and Regional leader for Grid Solutions in South Asia said,“We are pleased that DIAL is satisfied with our services. Our team has been working 24x7 - for 8 consecutive years now - to ensure uninterrupted power supply for one of the fastest growing airports in the world in terms of passenger traffic. Their relentless dedication to provide best-in-class customer service is nothing less than exemplary. This award is a huge motivator for the team.

“It is a great honor to receive this award from DIAL, the admiration is mutual. We are glad that we have been a part of DIAL’s exemplary journey to reach the number one spot in the world in terms of service quality,” said Elisabeth Benedetto, Global Leader of Services for GE’s Grid Solutions business.

“Consistent and uninterrupted power supply is very critical for the airports to manage their 24x7 operations. IGIA is one of the busiest airports in the world, hence the continuity of power supply becomes even more critical. With such high stakes, it is really a matter of pride for us to be able to matchup to customer’s expectations in service standards and to be recognized by them through this award.” – Rajan Saxena, GE Grid Solutions Services Leader for South Asia.

-ends-

Notes to Editors:

About GE:
GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.www.ge.com

About GE Power

GE Power is a world energy leader providing equipment, solutions and services across the energy value chain from generation to consumption. Operating in more than 180 countries, our technology produces a third of the world’s electricity, equips 90 percent of power transmission utilities worldwide, and our software manages more than forty percent of the world’s energy. Through relentless innovation and continuous partnership with our customers, we are developing the energy technologies of the future and improving the power networks we depend on today. For more information please visit www.ge.com/power, and follow GE Power on Twitter  and on LinkedIn.

About GE T&D India Limited:
GE T&D is the listed entity of GE Power’s Grid Solutions business in India. With over 100 years of presence in India, GE T&D India is a leading player in the Power Transmission & Distribution business - A product portfolio ranging from Medium Voltage to Ultra High Voltage (1200 kV) for Power Generation, Transmission and Distribution, Industry and Infrastructure markets.

GE T&D India has a predominant presence in all stages of the power supply chain and offers a wide range of products that include Power Transformers, Circuit Breakers, Gas Insulated Switchgears, Instrument Transformers, Substation Automation Equipment. Digital Software Solutions, Turnkey Solutions for Substation Engineering & Construction, Flexible AC Transmission Systems, High Voltage DC & Services suite of offerings. With 3000+ employees and 6 manufacturing sites, GE T&D India is future ready to meet the growing demands for equipment and services. GE is focused towards on introducing Green and Digital Solutions aimed towards making the Indian Grid smarter and environmental friendly. 

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HOUSTON—October 10, 2018—Decentralization, digitization and decarbonization continue to drive dynamic change across the global energy industry as detailed in GE Power’s (NYSE: GE) white paper, Reimagining Our Electricity Future. Renewable sources of power have grown at double-digit rates for more than a decade and will likely continue to do so. Given the unique and growing needs for flexibility to balance the grid, GE Power sees significant opportunity for its Aeroderivative business and announced that it is investing more than $200 million in the business over the next three years across new product introductions and services capabilities. This commitment is focused on its Houston Service Center and on broadening its Cross-Fleet solutions to repower other original equipment manufacturers’ (OEM) aeroderivative and heavy-duty gas turbines.

According to a 2016 study by Technavio, the global aeroderivative gas turbine industry is expected to grow at an annual rate of nearly 5 percent between 2016 and 2020, and aeroderivative turbines are likely to become the go-to technology to provide balancing services for renewable energy. These mounting power imbalances are increasingly forcing conventional generators to operate in a more flexible manner, ramping more frequently to balance intermittent renewables and provide grid-firming services. Given this crucial role in power infrastructure, downtime can be expensive, and it's critically important that operators have plans in place to ensure continued operations and minimal lost time for maintenance and repairs.

“As one of the world’s largest manufacturers and suppliers of gas turbine technology, GE is committed to developing the best aeroderivative turbine solutions, which are uniquely positioned to provide the flexible power generation our customers need in such a complex and dynamic environment,” said Martin O’Neill, general manager of Aeroderivative Gas Turbine Services for GE’s Power Services business. “Consequently, it is critical that we continue to inject new investments to create services solutions for greater flexibility, reliability and performance and make these solutions available to power producers and industrial operators with non-GE equipment.”

Cross-Fleet Repowering with GE’s Aeroderivatives Gas Turbines


GE has extended its Cross-Fleet solutions to repower gas turbines manufactured by competing OEMs, such as Siemens, Rolls Royce, Pratt & Whitney, Westinghouse and Mitsubishi, with GE’s aeroderivative technology. GE unveiled that it’s already achieved more than $15 million in backlog for Cross-Fleet repowers using GE aeroderivative technology.

This latest development benefits from the company’s 40 years of experience in the aeroderivative business—that’s based on GE Aviation’s heritage—as well as the extensive steam turbine, generator and heat recovery steam generator capabilities and expertise GE acquired from the acquisition of Alstom’s Power business in November 2015, including the capacity to service equipment manufactured by different OEMs.

“I’m very pleased that we’ve already inked agreements to advance the performance and serviceability of other OEM’s aeroderivative gas turbine fleets,” continued O’Neill. “We’ve performed repowering projects with aero gas turbines on Siemens, Rolls-Royce and Pratt & Whitney units in several countries, including Jamaica, Australia, the Netherlands, as well as on an offshore platform in the North Sea.”

This announcement comes on the heels of GE’s announcement in May when it unveiled Cross-Fleet solutions for other OEM gas turbines, including Siemens’ and Mitsubishi’s SGT-800 and 501F units, and $200 million of orders backlog.

Houston Service Center

Continuing its journey to world class performance, GE Power is investing in capabilities to services units faster at its Houston Service Center (HSC), GE’s largest service center for LM aeroderivatives. Last year, the center applied over 340,000 person-hours to support customers with a broad range of engine overhauls, module upgrades and repairs; supporting more than 470 plant operators in over 60 countries. With today’s commitment to increased investment, the site will improve facilities and shop flow adding approximately 40 jobs, investing in digital capabilities and processes to service more than the current 500 engines and modules per year—more volume than any other GE repair center.

As noted by Rick McPherson, plant manager of Walnut Creek power plant, operated by NRG: “Last year, we sent a supercore module to GE’s Houston Service Center for repair. Management and the technical staff provided an accurate schedule and ‘gate’ updates as the repairs progressed through the system. With a startup time of fewer than 10 minutes, our flexible fleet of aeroderivatives is well-suited to support California's ambitious renewable energy goals. Going forward, we will continue to work with GE’s team at the Houston Service Center.”

In 2018, Walnut Creek’s ownership switched to Clearway Energy as part of NRG’s transition plan to reduce debt. The Carlsbad Energy Center will continue to be owned by NRG until the project goes commercial later this year. Both plants will continue to be operated by NRG.

In addition, GE Power decided to make investments to ensure that its aeroderivative technologies continue to grow as an essential part of the generation picture for their customers, such as Southern California Edison (SCE). GE Power worked with SCE to co-develop the Hybrid gas turbine, which has been in operation for close to a year. With GE aeroderivative and energy storage technologies, SCE’s site has realized a 60 percent reduction in greenhouse gas emissions and 50 percent fewer starts. 

About GE

GE (NYSE:GE) drives the world forward by tackling its biggest challenges: Energy, health, transportation—the essentials of modern life. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. www.ge.com

About GE Power

GE Power is a world energy leader providing equipment, solutions and services across the energy value chain from generation to consumption. Operating in more than 180 countries, our technology produces a third of the world’s electricity, equips 90 percent of power transmission utilities worldwide, and our software manages more than forty percent of the world’s energy. Through relentless innovation and continuous partnership with our customers, we are developing the energy technologies of the future and improving the power networks we depend on today. For more information please visit www.ge.com/power, and follow GE Power on Twitter  and on LinkedIn.

About GE’s Power Services

GE’s Power Services, headquartered in Baden, Switzerland, delivers world-class service solutions for our customers across total plant assets and their operational lifetimes. This organization supports 2,800+ customers worldwide with an installed base of 28,000+ power generation assets across 90+ brands of power generation equipment and taps into the Industrial Internet to improve the performance of our solutions over the entire life cycle through the power of software and big data analytics. Follow on LinkedIn at GE’s Power Services or visit website at www.ge.com/power/services.

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With the implementation of the Smart Cities Mission moving forward in a phased manner and technology forming the backbone of smart cities’ architecture and governance, one of the major challenges identified for the future is cyber security.

“There cannot be a smart city before it being a safe...

Country’s utilities and government regulators are focused on aggressive electrification, decentralization, and digitization efforts, report finds

A second structural impediment to fully realizing DER benefits is the current grid planning approach, which biases grid design toward traditional infrastructure rather than distributed alternatives, even if distributed solutions better meet grid needs. Outdated planning approaches rely on static assumptions about DER capabilities and focus primarily on mitigating potential DER integration challenges, rather than proactively harnessing these flexible assets.

Section II demonstrated how California could realize an additional $1.4 billion per year by 2020 in net benefits from the deployment of new DERs during the 2016-2020 timeframe. This state-wide methodology was then applied to the planned distribution capacity projects for California’s most recent GRC request, showing how the deployment of DERs in lieu of planned distribution capacity expansion projects in PG&E’s next rate case could save customers over $100 million. 

Motivated by the challenge faced in designing a grid appropriate to the 21st century, this report first focuses on determining the quantifiable net economic benefits that DERs can offer to society. The approach taken builds on existing avoided cost methodologies – which have already been applied to DERs by industry leaders – while introducing updated methods to hardto-quantify DER benefit categories that are excluded from traditional analyses. While the final net benefit calculation derived in this report is specific to California, the overall methodological advancements developed here are applicable across the U.S. Moreover, the ultimate conclusion from this analysis – that DERs offer a better alternative to many traditional infrastructure solutions in advancing the 21st century grid – should also hold true across the U.S., although the exact net benefits of DERs will vary across regions.

Designing the electric grid for the 21st century is one of today’s most important and exciting societal challenges. Regulators, legislators, utilities, and private industry are evaluating ways to both modernize the aging grid and decarbonize our electricity supply, while also enabling customer choice, increasing resiliency and reliability, and improving public safety, all at an affordable cost.

The share of renewables in overall power generation is rapidly increasing, both in developed and developing countries. Furthermore, many countries have ambitious targets to transform their power sector towards renewables. To achieve these objectives, the structure and operation of existing power grid infrastructures will need to be revisited as the share of renewable power generation increases.

Renewable energy technologies can be divided into two categories: dispatchable (i.e. biomass, concentrated solar power with storage, geothermal power and hydro) and non-dispatchable, also known as Variable Renewable Energy or VRE (i.e. ocean power, solar photovoltaics and wind). VRE has four characteristics that require specific measures to integrate these technologies into current power systems: 1) variability due to the temporal availability of resources; 2) uncertainty due to unexpected changes in resource availability; 3) location-specific properties due to the geographical availability of resources; and 4) low marginal costs since the resources are freely available.

A transition towards high shares of VRE requires a re-thinking of the design, operation and planning of future power systems from a technical and economic point of view. In such a system, supply and demand will be matched in a much more concerted and flexible way. From a technical perspective, VRE generation can be ideally combined with smart grid technologies, energy storage and more flexible generation technologies. From an economic perspective, the regulatory framework will need to be adjusted to account for the cost structure of VRE integration, to allow for new services and revenue channels, and to support new business models.

There are several technological options that can help to integrate VRE into the power system grid: system-friendly VREs, flexible generation, grid extension, smart grid technologies, and storage technologies. New advances in wind and solar PV technologies allow them to be used over a wider range of conditions and provide ancillary services like frequency and voltage control. Flexible generation requires changes in the energy mix to optimise production from both dispatchable and non-dispatchable resources. Smart grid technologies can act as an enabler for VRE integration, given their ability to reduce the variability in the system by allowing the integration of renewables into diverse electricity resources, including load control (e.g. Demand Side Management (DSM), Advanced Metering Infrastructure (AMI), and enhancing the grid operation and therefore helping to efficiently manage the system’s variability by implementing advanced technologies (e.g. smart inverters, Phasor Measurement Unit (PMU) and Fault Ride Through (FRT) capabilities).

Energy storage technologies can alleviate short-term variability (up to 2 Renewable Energy Integration in Power Grids | Technology Brief several hours), or longer-term variability through pumped-storage hydroelectricity, thermal energy storage or the conversion of electricity into hydrogen or gas.

Two immediate applications for deploying innovative technologies and operation modes for VRE integration are mini-grids and island systems. The high costs for power generation in these markets make VREs and grid integration technologies economically attractive since they can simultaneously improve the reliability, efficiency and performance of these power systems. This is, for example, the case of the Smart Grid demonstration project in Jeju Island, South Korea.

Furthermore, the right assessment and understanding of VRE integration costs are relevant for policy making and system planning. Any economic analysis of the transition towards renewables-based power systems should, therefore, consider all different cost components for VRE grid integration, such as grid costs (e.g. expansion and upgrading), capacity costs and balancing costs. Integration costs are due not only to the specific characteristics of VRE technologies but also to the power system and its adaptability to greater variability. Therefore, these costs should be carefully interpreted and not entirely attributed to VRE, especially when the system is not flexible enough to deal with variability (i.e. in the short-term).

Moreover, RE integration delivers broader benefits beyond purely economic ones, such as social and environmental benefits. Even though not straightforward, these externalities should be considered and quantified in order to integrate them into the decision-making process and maximise socio-economic benefits.

Due to the rapid technological progress and multiple grid integration options available, policy makers should build a framework for RE grid integration based on the current characteristic of the system, developing technological opportunities and long-term impacts and targets. In particular, policy makers should adopt a long-term vision for their transition towards renewables and set regulatory frameworks and market designs to foster both RE development and management of greater system variability. Such regulatory frameworks could include new markets for ancillary services and price signals for RE power generators that incentivise the reduction of integration costs.

Source: IEA-ETSAP and IRENA

The company got two orders totalling Rs 644 crore for design, supply and construction of 500 kV and 230 kV transmission lines in CIS and Africa region, respectively.

The 400 kV line is the final leg of a 465-km transmission system that has been built at an investment of ?2,400 crore, the company said in a statement.

Wind power tariffs climbed in the latest auction of 1,200 MW of projects, reflecting concerns by developers over higher costs of transmission.

R-Infra said that it had received approval from all regulatory authorities - Competition Commission of India (CCI), shareholders of the company, Maharashtra Electricity Regulatory Commission, and others for the sale.

Last week, Reliance Infrastructure had defaulted on payment of redemption of non-convertible debentures (NCDs) amounting to Rs 133.38 crore.

Renewable energy developers have, for long been complaining about lack of power evacuation infrastructure at their disposal. Key renewable locations like Gujarat and Tamil Nadu face huge transmission constraints.

LONDON, October 15, 2018 /PRNewswire/ --

Sunlight Technology PLC, a domestic solar and green energy company is pleased to announce that its shares have been admitted to trading on J P Jenkins.  Sunlight has financed the installation of over 2,700 solar installations on houses across the UK and collects the feed-in-tariff (FIT) scheme for these systems giving it a government-backed income stream typically for 20 years from the date of registration with OFGEM.  All these households have green energy free at the point of use and investors in Sunlight benefit from RPI-linked returns under the FIT scheme.

The company has paid out dividends to shareholders for the last two years and will pay a final dividend of 4p per share on 17th December 2018 to shareholders on the register of members as at 30th November.  This dividend is in addition to an interim dividend of 2p that was paid out in June.  The board intends to again target a dividend of 6p per share next year.

Sunlight already has a long term loan from Lombard and is seeking further funding to expand the business into the installation and management of air source heat pumps and battery storage, domestic heating and storage technologies which complement our existing business.

The share price of Sunlight Technology on http://www.jpjenkins.com is £1.39 valuing the company at £8.82m.

The CEO of Sunlight Technology David Gammond said, "Joining J P Jenkins will allow a market for our shares to develop and give the company the opportunity to reach new investors to drive growth and increase profitability."

Contact:

Sunlight Technology, David Gammond, This email address is being protected from spambots. You need JavaScript enabled to view it. 
Main: +44-020-8242-6204
Direct: +44-0161-694-9670

J P Jenkins, Veronika Oswald, This email address is being protected from spambots. You need JavaScript enabled to view it.
+44-020-7469-0937

SOURCE J P Jenkins

BOULDER, Colo.--(BUSINESS WIRE)--A new report from Navigant Research examines the business case for smart home technologies in multifamily housing, providing insight into new business models, applications, and opportunities in the multifamily market.

Multifamily housing has been a nascent segment of the smart home market, but as urbanization increases and the supply of affordable housing decreases, building owners and residents are more interested in the potential of connected technologies. Many consumers expect their homes to be equipped with digital technologies, and property managers can find value in using these technologies to assist in more efficient operations, as well as to attract and retain occupants. Click to tweet: According to a new report from @NavigantRSRCH, new business models and applications are encouraging the growth of smart home technologies in multifamily buildings.

“The smart home is gaining mindshare among consumers, though connected technologies have largely been targeted toward higher income, single-family households,” says Paige Leuschner, research analyst with Navigant Research. “Stakeholders are beginning to realize the untapped opportunities in multifamily buildings.”

To harness these opportunities, Navigant Research suggests smart home vendors design solutions to address the specific needs of the multifamily home market, while leveraging the experience they’ve gained in the single-family market. Technology providers—especially telcos that can address connectivity issues in multifamily buildings—should consider partnering with other market players or going to market with bundled solutions.

The report, Making the Business Case for Smart Home Technologies in Multifamily Housing, examines the business case for smart home technologies in multifamily housing. The study explores the new business models, applications, and opportunities in the multifamily vertical. Three different multifamily business models (product, software subscription, and bundled solution) are compared, with examples provided for each. The report also analyzes the early entrants to the multifamily vertical for smart home technologies that are gaining traction. An Executive Summary of the report is available for free download on the Navigant Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.

* The information contained in this press release concerning the report, Making the Business Case for Smart Home Technologies in Multifamily Housing, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

LONDON--(BUSINESS WIRE)--The Year in Infrastructure 2018 Conference – Siemens and Bentley Systems announced today the introduction of PlantSight, resulting from development together based on their highly complementary software portfolios. PlantSight is a digital solution to benefit customers through more efficient plant operations. PlantSight enables as-operated and up-to-date digital twins which synchronize with both physical reality and engineering data, creating a holistic digital context for consistently understood digital components across disparate data sources, for any operating plant. Plant operators benefit from high trustworthiness and quality of information for continuous operational readiness and more reliability.

Every real-world operating plant is characterized by cumulative evolution, both to its brownfield physical condition and to the varied types and formats of theoretically corresponding engineering data. Accordingly, as-operated digital twins must reliably synchronize reflections of both the physical reality and its virtual engineering representations, comprehensively and accurately. Moreover, further frequent changes are inevitable. With PlantSight, every process plant owner-operator can realize the benefits of as-operated digital twins – without disruption to their existing physical or virtual environment.

For process industries, characterized by ongoing capital projects, the effectiveness of digital twins depends upon the integrity and accessibility of as-operated information presented and continuously updated in trusted 2D schematic and 3D model formats. PlantSight provides all stakeholders with cloud/web-enabled visibility and access into existing data and tool interfaces, assuring that changes are timely and accurately captured and managed.

With PlantSight as-operated digital twin cloud services, operational and project-related engineering data is aligned seamlessly. All disciplines and stakeholders have immediate access to consistent representations. Especially for brownfield installations, the time and effort to federate and complete asset information will be significantly reduced, with plant documentation kept up to date, and its quality accordingly improved.

Greg Bentley, CEO for Bentley Systems, said, “From the start of Bentley Systems’ strategic alliance with Siemens, we have together seen our development of PlantSight as having perhaps the most significance for our marketplace. Siemens’ announced combination of its digital offerings for discrete and process plants enables our bringing together, through a cloud service, the complementary elements of COMOS, OpenPlant, MindSphere, and Teamcenter. PlantSight can now realize the process industries’ top priority in ‘going digital’— the digital twin enablement of their operating plant engineering!”

“With PlantSight, we’re stepping up our cooperation with Bentley and extending the possibilities offered by data utilization for the process industry. This joint solution based on the complementary know-how of Bentley and Siemens represents a key step towards making digital twins even more efficient and creating a digitally integrated value chain, which offers even greater consistency. In this way, we’re continuously enlarging our Digital Enterprise portfolio by embracing future technologies,” said Klaus Helmrich, Member of the Management Board of Siemens AG.

Valentijn de Leeuw, Vice President ARC Advisory Group, said, “I believe that Siemens’ and Bentley’s newly-developed PlantSight services will establish a foundation for next-generation asset information and performance management. For as-operated digital twins, this augments the actual plant by integrating operational data with operational intelligence dashboards, immersive operator training simulation, and links with applications such as process simulation, asset strategy, and reliability. The benefits of the environment will increase with the number of microservices provided.”

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company with its listed subsidiary Siemens Healthineers AG is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, Siemens had around 377,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

About Bentley Systems

Bentley Systems is the leading global provider of software solutions to engineers, architects, geospatial professionals, constructors, and owner-operators for the design, construction, and operations of infrastructure. Bentley’s MicroStation-based engineering and BIM applications, and its digital twin cloud services, advance the project delivery (ProjectWise) and the asset performance (AssetWise) of transportation and other public works, utilities, industrial and resources plants, and commercial and institutional facilities.

Bentley Systems employs more than 3,500 colleagues, generates annual revenues of $700 million in 170 countries, and has invested more than $1 billion in research, development, and acquisitions since 2012. From inception in 1984, the company has remained majority-owned by its five founding Bentley brothers. Bentley shares transact by invitation on the NASDAQ Private Market; strategic partner Siemens AG has accumulated a non-voting minority stake. www.bentley.com

About the PlantSight Vision

PlantSight coalesces project digital twins, and control systems digital twins, and will soon extend to performance digital twins, and component product digital twins.

PlantSight mirrors the physical plant through “continuous” surveys and reality modeling cloud services. Overlapping photographs and (as needed) supplemental laser scans, from UAVs and ground-level imagery, are processed to generate spatially-classified and engineering-ready reality meshes—the plant’s digital context, within which can be geospatially located each tagged component.

To synchronize with the plant’s evolving engineering data, Bentley and Siemens COMOS teams worked together to create PlantSight’s Connected Data Environment (CDE). It includes information bridges from engineering models and an integration hub to accomplish the required semantic alignment for digital components (including their tag designations). PlantSight’s CDE is also populated by pertinent data from other sources, such as project deliverables and control systems inputs, to the degree referenced through digital component tags.

For engineers in operating plants, the value of an as-operated digital twin is determined by the accessibility and integrity of information that can be presented, and edited, in trusted formats of schematics and 3D models. PlantSight, through its new cloud service and web interface, takes advantage of the complementarity, proven engineering robustness and intelligence of COMOS and OpenPlant, fully integrating functional and spatial modeling. For the first time, engineers on site can have both accessible existing data, and accessible tool interfaces, to assure that as-operated changes are timely and accurately captured and managed through PlantSight’s ledger of changes, for assured fidelity.

Just as significantly, the as-operated digital twin, through the cloud accessibility and securely open architecture of its CDE, provides immersive visibility throughout the operating plant lifecycle, including mixed-reality visualization of all information, and even more importantly, digital visibility for machine learning and analytics.

PlantSight digital twin cloud services will be marketed separately by both Siemens and Bentley, and early adopters are now being selected. The companies are now working to add to PlantSight state-of-the-art asset performance modeling (APM) capabilities, to make the most of services based on Siemens’ MindSphere IoT operating system. For manufactured digital components, Siemens’ Teamcenter PLM will provide immersive access to product digital twins for simulation and remediation.

Bentley, the Bentley logo, AssetWise, MicroStation, OpenPlant, and ProjectWise are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. PlantSight is a trademark of Siemens AG and Siemens PLMS Inc. All other brands and product names are trademarks of their respective owners.

LONDON--(BUSINESS WIRE)--The Year in Infrastructure 2018 Conference – Siemens and Bentley Systems have announced a joint technology and service solution, consisting of their complementary offerings, to speed up the digitalization of power plants and provide intelligent analytics with a range of innovative offerings and managed services solutions. The new service, to be hosted on Siemens’ cloud-based open IoT operating system, MindSphere, will combine Bentley’s advanced asset performance software capabilities with Siemens’ complementary technology and service expertise to empower power plant owners to take full advantage of digitalization, which helps improve maintenance operations and planning.

Siemens’ asset performance management (APM) solution, part of the company’s Omnivise digital solutions portfolio, covers the entire power plant, including the combustion and steam turbines as well as associated generators and pumps, motors, transformers, valves, switchgears, and other equipment that affects plant reliability and performance. Using intelligent models based on predictive analytics, the solution takes data from multiple sources, applies domain and analytical expertise, and then seamlessly integrates into a customer’s existing Computerized Maintenance Management System (CMMS)/Enterprise Asset Management (EAM) environment to improve maintenance planning, reduce outages, and increase workforce efficiency.

APM service solutions are tailored to each organization’s unique needs, based on variable factors such as plant configuration, on-site resources, equipment expertise, and plant operations and maintenance strategy. The scope of options ranges from on-premises installation or cloud-based MindSphere hosting, to turnkey set-up of APM – complete with Siemens asset models – to APM as a service, with a fully integrated managed service solution set up and run remotely by Siemens power plant experts.

Laura Anderson, head of the Siemens Power Generation Services Controls and Digitalization business, said, “APM for Power Plants is evidence of the benefits this strategic alliance brings to our customers. By combining Siemens’ and Bentley’s complementary and proven areas of expertise, this innovative offering will help our customers manage costs, improve reliability, and increase the performance and availability of their thermal power infrastructure.”

Greg Bentley, CEO, Bentley, said, “We’re excited to be delivering, in this case for power plant owners, operational advantages made uniquely possible by our work with Siemens to leverage IoT and performance digital twins. In effect, we are together advancing APM towards asset performance modeling—where our engineering technologies (ET) compound the value of IT and operations technologies (OT).”

APM for Power Plants combines Bentley’s advanced asset performance software capabilities with Siemens’ industry and domain expertise.

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

About Bentley Systems

Bentley Systems is the leading global provider of software solutions to engineers, architects, geospatial professionals, constructors, and owner-operators for the design, construction, and operations of infrastructure. Bentley’s MicroStation-based engineering and BIM applications, and its digital twin cloud services, advance the project delivery (ProjectWise) and the asset performance (AssetWise) of transportation and other public works, utilities, industrial and resources plants, and commercial and institutional facilities.

Bentley Systems employs more than 3,500 colleagues, generates annual revenues of $700 million in 170 countries, and has invested more than $1 billion in research, development, and acquisitions since 2012. From inception in 1984, the company has remained majority-owned by its five founding Bentley brothers. Bentley shares transact by invitation on the NASDAQ Private Market; strategic partner Siemens AG has accumulated a non-voting minority stake. www.bentley.com

Bentley, the Bentley logo, AssetWise, MicroStation, and ProjectWise are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.

HOUSTON--(BUSINESS WIRE)--Bin Yu, Founder of Utegration, announces that Bart Thielbar will take on the new role of CEO effective immediately. Mr. Yu will serve in the role of Chairman of the Board and focus his time on company strategy. Mr. Yu made the official announcement to the Utegration employees during the company meeting today in San Antonio.

Mr. Yu said, “Utegration is at a critical point in its growth strategy and having new leadership is key in capturing the market opportunities. We will continue to keep our strong company culture and deliver on our vision, mission, and values. Bart has demonstrated he has a solid understanding of our culture, solutions, capabilities, and go-to market strategies. Today, we have the right organization in place to capitalize on the next wave of growth, and we are executing extremely well and gaining market share and momentum in the industry space. That makes this the right time for me to hand over the day-to-day business entirely to Bart.”

“Utegration is a great team and I feel it is a privilege to be a part of such a terrific company and to follow Bin as the second CEO in our history. I am very appreciative of Bin’s trust in my leadership. The core values that have guided us since inception will continue to be our North Star as we help our customers, and our employees, achieve their objectives. Utegration has a unique position in the utility consulting marketplace. We strive to deliver the highest quality services and innovative solutions, while also developing the most talented professionals into industry leaders, and working to make a difference to our clients and communities,” said Mr. Thielbar.

About Utegration

Utegration is headquartered in Houston, Texas, with an office in Bangalore, India and a recently established a Canadian affiliate. As an SAP partner, Utegration focuses on SAP for Utilities, analytics, and core technology solutions specializing in consulting services, software sales, and development of software applications. Utegration serves clients across the water, gas, electric, and broader energy sectors.

HOUSTON--(BUSINESS WIRE)--Bin Yu, Founder and Chairman of the Board of Utegration, one of the largest full-service SAP Consulting and Solutions companies in North America, announces that Henry Bailey has joined Utegration as Executive Vice President and Chief Strategy Officer.

Bailey is a Utility Industry veteran with more than 30 years of management and leadership experience. He previously worked at SAP and most recently held the position of Global Vice President, Head of Utilities Industry Business Unit. Prior to SAP, he held leadership positions at Rolls Royce and ABB.

“My passion and goal is to provide product excellence to achieve customer satisfaction and drive end-to-end solutions for the Utilities Industry,” said Henry Bailey. “I am thrilled to be a part of an organization that has built such a strong reputation in the Utility industry.”

Bin Yu commented, “Henry shares our vision, values, and has the industry experience to help us expand our innovations around SAP S/4HANA, SAP C/4HANA and SAP Leonardo in the Utilities industry.”

Bart Thielbar, CEO, added, “I am very excited about Henry joining Utegration. He is well known to the industry and shares our same passion for excellence. Henry is a key addition to our leadership team and will be instrumental to driving our profitable growth strategy and helping achieve results.”

About Utegration

Utegration is headquartered in Houston, Texas, with an office in Bangalore, India and a recently established Canadian affiliate. As an SAP partner, Utegration focuses on SAP for Utilities, analytics, and core technology solutions specializing in consulting services, software sales, and development of software applications. Utegration serves clients across the water, gas, electric, and broader energy sectors.

About SAP

SAP S/4HANA, SAP C/4HANA and SAP Leonardo are registered trade marks.

Top Stories

Grid List

WITHSTANDING HARSH OPERATING CONDITIONS

Hohhot Co., Ltd. operates a pump-storage plant (PSP) in Inner Mongolia, China, that supplements a wind farm and provides peak demand power, supplemental power capacity when production is reduced, and energy storage for stand-by emergency power and frequency regulation.

The operating conditions of the Hohhot PSP are harsh and required a specific design of pump turbines and motor-generators that includes:

Higher stability while operating over a large head range
Ability to withstand load and thermal cycles due to frequent starts and stops
Higher availability to cope with demand from the grid.


OBLIQUE ELEMENTS TO ENHANCE PERFORMANCE

GE installed four reversible, 306 MW Francis pump turbines and motor generator units at the PSP plant, and furnished technical and quality support for the unit equipment.

The motor generator’s upper bracket, rotor spider and stator frame were equipped with patented oblique elements that allow thermal expansion without moving parts, resulting in a maintenance free solution. Since this greatly reduces element fatigue and permits smaller clearances, the generators are more compact, efficient and reliable.

The maintenance-free oblique elements increase generator lifetime and—given their smaller foundation – decrease construction costs.

 

ACHIEVING DESIRED PARAMETERS

The PSP entered commercial operation in 2014 and the customer uses the plant to complement their wind farm production, as well as to provide the electrical network with power for peak demand, supplemental power for periods of reduced production, energy storage for emergency power stand-by and frequency regulation.

Courtesy GE Renewable Energy

The Solar Energy Industry Association (SEIA) recently concluded a year-long series of white papers examining state-level efforts to modernize the American utility grid. As we’ve previously explored, the creation of a stable, sustainable electric grid is a vital step towards a future in which consumers have greater choice over the source of their power.

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