Bob Gilligan, CEO of GE Energy Services digital energy says, “With the acquisition of FMC Tech’s portfolio, GE will be able to provide a new level of grid intelligence to utilities, improving decision-making and streamlining operations with real-time information on power outages and available capacity on power lines. Utility operators can better balance the load by managing capacity and optimizing the amount of power sent through a line. Maintenance and repair crews can be more effectively dispatched for increased productivity, improved reliability and greater customer satisfaction.”
FMC-Tech reports that its solutions are “a key component of a utility’s distribution automation system that provide information on locating faults, providing dynamic line ratings and help manage maintenance and repair crews. The system is designed to easily integrate with supervisory control and data acquisition (SCADA), energy management systems (EMS) and demand management systems (DMS)/outage management systems (OMS).”
Gilligan explains, “FMC-Tech’s expertise in online power management and fault detection combined with GE’s distribution management expertise will drive faster technology development, implementation and broader-based solutions, which will enable a broader portfolio of utility management solutions.”
FMC-Tech will become part of GE Energy Services’ Digital Energy Smart Substation business, led by Juan Macias. All employees will remain based in Shannon, Ireland.
From 2010 to 2015, GE has committed to doubling R&D to $10 billion; growing ecomagination revenues twice as fast as overall company revenue; reducing GE’s energy intensity 50 percent; reducing water consumption 25 percent; and inspiring a competitive energy future. For more information, visit www.ge.com.