the digital utility · digital utility portfolio steam nuclear wind hydro distribution substation...

7
22/06/2017 1 The Digital Utility How IoT, Software and Data Science Will Reshape the Electricity Industry Ganesh Bell CEO, GE Power Digital Solutions Copyright © 2017 General Electric. All rights reserved. @ganeshbell Copyright © 2017 General Electric. All rights reserved. @ganeshbell Transformation @ganeshbell Excess Capacity Low Prices Flat Demand Asset Write-Offs DER Growth

Upload: others

Post on 24-May-2020

8 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: The Digital Utility · Digital Utility Portfolio Steam Nuclear Wind Hydro Distribution Substation Business Optimization Gas Solar Transmission Prosumer Operations Optimization Asset

22/06/2017

1

The Digital UtilityHow IoT, Software and Data ScienceWill Reshape the Electricity Industry

Ganesh BellCEO, GE Power Digital Solutions

Copyright © 2017 General Electric. All rights reserved.

@ganeshbell

Copyright © 2017 General Electric. All rights reserved. @ganeshbell

Transformation

@ganeshbell

ExcessCapacity

LowPrices

FlatDemand

AssetWrite-Offs

DERGrowth

Page 2: The Digital Utility · Digital Utility Portfolio Steam Nuclear Wind Hydro Distribution Substation Business Optimization Gas Solar Transmission Prosumer Operations Optimization Asset

22/06/2017

2

Copyright © 2017 General Electric. All rights reserved. @ganeshbell

Innovation

ElectrificationUrbanization ClimateChange

Transportation

Buildings

EVs

Homes

SocialImpact

@ganeshbell

Copyright © 2017 General Electric. All rights reserved. @ganeshbell

€348BEliminateDowntime

@ganeshbell

Digital Transformation of Electricity

€1.2TEconomy

€54BDigitalize

Maintenance

€172BMatch Supply

& Demand

€61BAggregate

Supply

€117BIntegrateStorage

€62BEnergy

Management

€1.9TSociety

Page 3: The Digital Utility · Digital Utility Portfolio Steam Nuclear Wind Hydro Distribution Substation Business Optimization Gas Solar Transmission Prosumer Operations Optimization Asset

22/06/2017

3

@ganeshbell

Copyright © 2017 General Electric. All rights reserved. @ganeshbell

Digital Utility Portfolio

Nuclear Wind HydroSteam SubstationDistribution

Business Optimization

Solar TransmissionGas Prosumer

Operations Optimization

Asset PerformanceManagement

Cyber Security

Commercial

Operations

Maintenance

Profitability

Productivity

Reliability

DigitalWorker

@ganeshbell

Page 4: The Digital Utility · Digital Utility Portfolio Steam Nuclear Wind Hydro Distribution Substation Business Optimization Gas Solar Transmission Prosumer Operations Optimization Asset

22/06/2017

4

Copyright © 2017 General Electric. All rights reserved. @ganeshbell

3%Efficienc

y

5%Reliability↑

25%O&MCosts

6%Emissions

20%Availability

50+ Digital Journeys Started on Predix

↑20%Power

@ganeshbell

Copyright © 2017 General Electric. All rights reserved. @ganeshbell@ganeshbell

Page 5: The Digital Utility · Digital Utility Portfolio Steam Nuclear Wind Hydro Distribution Substation Business Optimization Gas Solar Transmission Prosumer Operations Optimization Asset

22/06/2017

5

Copyright © 2017 General Electric. All rights reserved. @ganeshbell@ganeshbell

32,700MW62 Sites,

2000 Assets

$200MFuel Savings

2.5 XRamp Rate

Improvement

€1.2MSavings from

Avoided Outages

$3-5MIncreased Revenue

Per Outage

The Digital Utility

10@ganeshbell

Smart Cities

Energy Storage

EVs

Energy Efficiency

Energy Internet

Page 6: The Digital Utility · Digital Utility Portfolio Steam Nuclear Wind Hydro Distribution Substation Business Optimization Gas Solar Transmission Prosumer Operations Optimization Asset

22/06/2017

6

Copyright © 2017 General Electric. All rights reserved. @ganeshbell@ganeshbell

The First Digital Utility?

emissions ↓40% | 50% renewable electricity | building energy use ↓23%

Build Smart NY | NY Energy Manager | EV Program | Digital Energy Lab

@GQEnergy

@ganeshbell

Beliefs &Culture

Design Thinking /FastWorks

NewMetrics

Talent

Leading Through Transformation

Page 7: The Digital Utility · Digital Utility Portfolio Steam Nuclear Wind Hydro Distribution Substation Business Optimization Gas Solar Transmission Prosumer Operations Optimization Asset

22/06/2017

7

$4.0BPredix-powered andsoftware orders

400+Partners

$730MGross Digital Threadcost productivity

~670,000Digital Twins

~22,000Developers on Predix

250Software applications

@ganeshbell

@ganeshbell