Dive Brief:
- Exelon Corp. has selected GE's software solutions to help its six electric utilities predict, manage and avoid outages, while also helping to optimize distribution grids.
- GE said its portfolio of Predix software solutions will help enhance reliability and service efficiency for Exelon utilities' 10 million customers in five states and the District of Columbia.
- The grid analytics agreement was reached through a competitive bidding process, and is the second agreement between GE and Exelon.
Dive Insight:
Exelon's partnership with GE highlights how utilities are increasingly turning to big data to help manage their systems.
GE's Predix systems will utilize historical data and weather analysis, along with asset and area conditions, to help predict outages and give real-time reports on utility system equipment. The software will integrate data from smart assets on the Exelon grid, ultimately providing greater precision in determining when maintenance is required.
The Predix software will be rolled out at Exelon utilities Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. The systems will also help these utilities recover faster from storms and improve overall customer reliability, and can assist utilities in implementing preventative solutions.
"Every day, we are working to create a smarter electric grid that provides superior service and resiliency for the communities we serve,” Exelon Utilities CFO Carim Khouzami said in statement. Khouzami is leading a multi-year company initiative to transform the way Exelon uses data.
This is the second partnership between GE and Exelon. In late 2016, Predix-based software applications were selected to help improve the efficiency of Exelon’s power generation fleet.
