NYPA Press Release

NYPA Recognized for Innovative Technology by BIRD Foundation

For Immediate Release: 6/20/19

Contact:  Susan Craig | Media.Inquiries@nypa.gov | (914) 681-6770


U.S.-Israel Collaboration Results in Improved Operations and Digitization

at New York Public Power Plants

 

The New York Power Authority (NYPA) received recognition June 19 from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation for a productive collaboration between the Authority and Israeli software company mPrest. The recognition commended the Authority and mPrest for working together on new and innovative uses of cutting-edge technology to identify potential equipment failures at power facilities before they occur so that maintenance can be optimized and operations can continue uninterrupted.

 

The original research and development of the NYPA/mPrest collaboration was first funded by the BIRD Foundation, which fosters collaboration between U.S. and Israeli companies and organizations. The NYPA/mPrest partnership, announced by Governor Andrew M. Cuomo in March 2017, launched the first U.S. use of the first-of-its-kind, analytics-driven predictive tool that monitors the function of power transformers at New York State’s Robert Moses Niagara Power Plant. NYPA has since expanded the use of this technology to transformers at its facilities across the state.

 

“Monitoring our power plant transformers through this innovative digital technology allows us to predict potential problems and address them promptly, which improves our operations, increases efficiency and reduces cost,” said Gil C. Quiniones, NYPA President and CEO. “With this collaboration with mPrest and our partners in Israel we were able to move another step closer to becoming ‘the first all-digital utility’ in the U.S. We are grateful for the BIRD Foundation’s support and recognition of the NYPA/mPrest partnership. We look forward to working together to innovate and improve both of our operations through continued collaboration.”

 

“The cooperation between NYPA and mPrest is a great example of innovation for the energy sector, supported by the BIRD Foundation. We congratulate the two partners for completing the project successfully and creating a new, very needed capability for utilities,” said Dr. Eitan Yudilevich, Executive Director, BIRD Foundation.

 

“We are honored to be recognized, together with NYPA, for our first-of-its-kind, comprehensive monitoring, control and analytics system,” said Natan Barak, founder and president of mPrest. “Optimization of operations and maintenance is quickly becoming a must, especially in investment-heavy environments. Such organizations can greatly benefit from leveraging IoT and data to enable digitization and grow efficiencies. We look forward to continuing our partnership with NYPA, and with other power utilities in the U.S. and globally.”

 

NYPA serves as an industry leader in identifying and deploying new technology at many levels and in many arenas of energy generation, data, distribution, and use. Rapid technological changes in these areas led NYPA to create an advanced laboratory facility to test, model, and create new solutions for energy systems. NYPA’s Advanced Grid Innovation Laboratory for Energy (AGILe) positions New York State as a global center for electric grid research. Contact AGILe@nypa.gov for more information.

 

 

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 @NYPAenergy, Facebook, Instagram, Tumblr and LinkedIn.

 

About The BIRD Foundation

The BIRD (Binational Industrial Research and Development) Foundation works to encourage and facilitate cooperation between U.S. and Israeli companies in a wide range of technology sectors and offers funding to selected projects. BIRD has approved close to 1000 projects over its 41-year history. The Foundation provides funding of up to 50% of a project's budget, beginning with R&D and ending with the initial stages of sales and marketing. See www.birdf.com.

 

About mPrest

mPrest is revolutionizing orchestration and optimization software for industrial IoT. Our AI and data-driven technology provides real time, end-to-end visibility and control over mission-critical systems, enabling digital IT/OT integration. mPrest is primarily focused on Renewable Energy, while also working with Smart Cities, Cyber, Homeland Security, and Defense. For more information on mPrest, visit www.mprest.com.