PRESS RELEASE
April 25, 2018
Kansai Electric Power and OSIsoft to Collaborate to Improve the Efficiency of Thermal Power Plants
Kansai, one of Japan’s largest utilities, to utilize experience and insights gained from improving its own operations to help other power providers.
SAN LEANDRO, CA and OSAKA, JAPAN (April 25, 2018) - Kansai Electric Power and OSIsoft LLC, a leader in operational intelligence, unveiled a venture to help power producers improve the efficiency and operation of their thermal power plants with data.
Kansai Electric Power will collaborate with its customers at every stage, from planning a new thermal plant to running a facility. The Kansai-Value Creation Service, or K-VaCS, will provide services and technology to detect system abnormalities, reduce downtime and improve efficiency for utilities and others in the electric power supply chain. One of the key elements for K-VaCS is OSIsoft's PI System, a software infrastructure that serves up insights about operational performance and equipment health across an enterprise so that engineers and operators can make critical decisions and track the results of implemented strategies.
The remote monitoring service, one of K-VaCS services, has already started to help an early customer, the Bluewaters Power Station in Australia, with O&M cost savings through improved efficiency and reduced downtime.
The announcement was made at PI World, taking place this week in San Francisco.
Kansai Electric Power has utilized the PI System in its own operations. At PI World, it will detail how the technology helped it save millions of dollars in operation costs at its thermal power plants.
Based in Osaka, Japan, Kansai Electric Power or Kepco, is one of Japan's largest utilities and provides power and gas services. It operates over 150 power plants with about 34GW of authorized capacity.
“Kansai Electric Power is at the forefront of the transformation of the utility industry. The company has developed a wealth of expertise and insight into optimizing complex operations and now can share it with others through K-VaCS,” said David Thomason, Worldwide Industry Principal for Power Generation at OSIsoft. “Operational data is an incredibly valuable asset and utilities like Kansai are showing the world how to extract the most out of it.”
The PI System
The PI System from OSIsoft captures the vast data streams from sensors, machinery and other devices and transforms them into rich, real-time insights to reduce costs, improve performance or develop connected products. The PI System can be found inside wind farms, national labs, rail networks, pharmaceutical manufacturing centers, data centers, stadiums, over 1,000 leading utilities, and over 90% of the world's largest oil and gas companies.
Helping people make critical decisions for their business, the PI System manages over 1.6 billion sensor-based data streams worldwide.
About OSIsoft
OSIsoft is dedicated to helping people transform their world through data. For more, please visit www.osisoft.com
Media Contact
Michael Kanellos
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