|Wednesday, 7 February 2018, 19:00 HKT/SGT|
|Data monitoring and Analyzing Center enables increased fuel efficiency and overall operation improvement; expansion planned as service offered to other power producers|
TOKYO, Feb 7, 2018 - (JCN Newswire) - Tokyo Electric Power Company Holdings (TEPCO) and TEPCO Fuel & Power, Inc. are combining a new remote optimization center with the "Internet of Things" (IoT) to increase the fuel efficiency and other operations of its thermal power plants.
The effort is the result of testing that began in 2015, and will be developed into operational support services for the thermal power plants of other electricity producers both in Japan and overseas. The center's projected annual revenue is 5 billion JPY within three years.
"Embracing IoT technology to improve our technological services make it possible to provide value-added services for our customers in terms of maintaining thermal efficiency and improving power generation availability," says Seiji Moriya, President of TEPCO Fuel & Power, Inc. "TEPCO intends to enhance its presence as a global O&M (operation and maintenance) company."
By using IoT technology, the effort has improved power generation efficiency resulting in decreasing fuel costs up to 70 million yen per unit a year. Also, by remotely detecting symptoms of nonconformance, the technology optimizes power station operation and maintenance (reduce outages by 10-20%).
The Data monitoring and Analyzing Center (DAC *1) was added to the trials in January 2017, and has confirmed operational improvements at TEPCO Fuel & Power's thermal power plants at Hitachi-Naka, Chiba, Futtsu, and Shinagawa. In collaboration with some of the world's leading IoT companies, the technologies include:
Category; Product Name; Company Name
- Cloud platform; Amazon Web Service; Amazon Web Service
- Data Infrastructure; PI System; OSIsoft (*2)
- Early Anomaly Detection; Enterprise Impact; GE Energy Japan KK, Bentley Division
- Early Anomaly Detection; Predict-IT; Engineering Consultants Group
- Performance Management; PEPSE, PMAX; Curtiss-Wright
Within the cooperation of domestic and global industry leaders, TEPCO studied software provided by these companies and developed platforms. TEPCO plans to strengthen these tools, and will offer these technologies and services to other power operators overseas.
Both companies will comprehensively provide operational support services and platforms utilizing DAC to international power operators including Southeast Asia.
*1: Abbreviation for "Data monitoring and Analyzing Center", operation data from domestic and overseas power stations is monitored remotely and services provided for visualizing operation status, early anomaly detection, and managing thermal efficiency.
*2: Strategic Alliance Agreement between OSIsoft and TEPCO was concluded in November 2016.
1: IoT-based Operation Support Service for Domestic and Overseas Thermal Power Stations
2: Data monitoring and Analyzing Center (DAC)
Tokyo Electric Power Company Holdings, Inc. (TSE: 9501), headquartered in Tokyo, Japan, is the largest utility in Japan, serving millions of homes and businesses. Worldwide the company has more than 34 subsidiaries and 32 affiliates in eight countries and employs approximately 42,060 people. Consolidated revenue for the fiscal year ending March 31, 2017, totaled 5.3 trillion Japanese yen. The company was established in 1951 and is listed on the First Section of the Tokyo Stock Exchange. For more information, visit http://www.tepco.co.jp/en/corpinfo/index-e.html
Press release: http://www.tepco.co.jp/en/press/corp-com/release/2018/1476022_15409.html
Feb 7, 2018 19:00 HKT/SGT
Topic: Press release summary
Sectors: Energy, Alt. Energy
From the Asia Corporate News Network
Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|Nov 9, 2018 10:00 HKT/SGT|
TEPCO to Participate in Coc San Hydropower Plant in Vietnam|
|Oct 1, 2018 14:00 HKT/SGT|
TRENDE Announces Formation of Advisory Board|
|Sept 26, 2018 11:00 HKT/SGT|
TRENDE Raises JPY 730 Million in Series A Funding|
|July 12, 2018 18:00 HKT/SGT|
TEPCO Group, Zenrin and Rakuten examining Drone Highways for Drone Logistics|
|July 11, 2018 17:00 HKT/SGT|
Free Electrons: 28 Pilots Already Launched between Startups and Utilities|
|June 27, 2018 17:00 HKT/SGT|
TEPCO Establishes Subsidiary to Turn New Businesses into Venture Companies|
|May 25, 2018 02:00 HKT/SGT|
Power trading among neighbours per Blockchain: innogy and Conjoule make it possible|
|May 17, 2018 13:00 HKT/SGT|
TEPCO and Pocket Queries to Collaborate on Mixed-reality Solution for Industrial Workplaces|
|Apr 23, 2018 17:00 HKT/SGT|
TEPCO and NTT Join Forces in TNcross Joint Venture|
|Mar 30, 2018 15:00 HKT/SGT|
TEPCO Establishes New Online Renewable Electricity Retail Startup, 'TRENDE'|
|More news >>|