New York Power Authority Implements Grid Asset Performance Management System from GE Power

Transmission Asset Management Software Moves NYPA Another Step Forward In Transforming Into All-Digital Utility

For Immediate Release: 7/9/18
Contact:

Maura Balaban | maura.balaban@nypa.gov | 914-390-8171

WHITE PLAINS - 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, NYPA CEO and President. “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 GE Power Chief Digital Officer Steven Martin. “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.”

In the future, the aggregated data and predictive analytics from both the generation and transmission APM platforms will combine to create a unified APM solution, allowing NYPA to leverage a full suite of long‑term and near real‑time data for assets across all facilities. This pioneering asset management strategy solidifies NYPA as a leader in enterprise digitization and advances the Governor’s Reforming the Energy Vision strategy for building a cleaner, more resilient, and affordable energy system for all New Yorkers.    

About NYPA
NYPA is the largest state public power organization in the nation, operating 16 generating facilities and more than 1,400 circuit‑miles of transmission lines. More than 70 percent of the electricity NYPA produces is clean renewable hydropower. NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. For more information, visit www.nypa.gov and follow us on Twitter, Facebook, Instagram, Tumblr and LinkedIn.

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.ge.com/power. Follow GE Power on Twitter @GE_Power and on LinkedIn at GE Power.