POWER-GEN Europe and REWE 2017

The Internet of Things is Available for Power Generation Today (Room Rheinsaal 6)

Imagine that during a hike your smartwatch fails to give you an accurate reading of your peak heartbeat or your location. In this case it is not of much use. If an industrial system fails to properly control and monitor a multi-million dollar turbine, the risks of financial or equipment damage are far more serious. Therefore the barriers to entry the industrial IoT have been high, at least up to now. A common statement has been that millions of devices of all kinds will be connected in about 10 years from now and that the benefits of this will require complex, costly management systems. However, there is a different perspective: It is possible to achieve this right now, primarily by focusing on the integration and interaction of things, services, and people, particularly in the area of plant- or fleet-wide installations. While the “things” are what get monitored and measured, the users of those insights don’t necessarily have to be human but, in many cases, can be automated. Further, the functioning of any industrial IoT-based system needs to be particularly accurate, robust, and secure, since we are talking about valuable devices, business operations, and proprietary company performance results. This paper gives examples of innovating ways to deliver those tangible outcomes right now. The paper shows that, by using the thousands of sensing devices available in a plant or a fleet, and combining these with intelligent tools, we get new insights on health, performance and capacity of the power generation equipment. This in a way that is easier, faster, and more economical than ever before, is what makes the difference.