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Enel Green Power First in North America to Deploy New Predictive Maintenance Technology at Geothermal Plants

Enel’s US renewable subsidiary Enel Green Power North America Inc. and NarrativeWave, a US company specialized in Software-as-a-Service and Internet of Things, signed an agreement under which Enel Green Power North America will deploy NarrativeWave’s innovative predictive maintenance software to optimize field operations at its geothermal facilities. This is the first ever use of this technology in North America at geothermal plants with electrical submersible pumps.
GlobeNewswire
May 30, 2019
News

Larger US wind farms gain cost advantage at 4 to 10 years, study shows

Larger wind projects can benefit from operations and maintenance (O&M) costs up to 60% lower than smaller facilities in the 4 to 10-year age period and economies of scale will become more widespread in the coming years, Mike McNulty, co-author of IHS Markit's new O&M cost report, told New Energy Update.
New Energy Update
September 26, 2018
News

Narrative Wave launches Analytics Starter Kit for wind turbines

NarrativeWave, an Internet of Things software company, has announced the release of Analytic Starter Kits. These kits answer the needs of operators who are looking for cost-effective digital solutions that can impact their business operations from day one. “The Analytic Starter Kit is a breakthrough for wind operators,” said Johnny Dobbins, Director of Client Engineering for NarrativeWave. “For years operators have relied on manually checking towers, and it can be hours or days before they discover a problem.
Windpower Engineering
August 8, 2018
Blog

How to execute successful pilots in the burgeoning Digital Transformation Age?

NarrativeWave has a client currently in our pilot process who has exceeded their business goals within the first few weeks of starting the engagement. The power of preparation is one of the key ingredients to a successful pilot. Let me share a live experience with a Top 5 global renewables company with whom we are currently executing a paid pilot.
Johnny Dobbins
July 6, 2018
News

Human-centric, data-to-decision analytics for the Industrial Internet of Things (IIoT)

As companies engage in the implementation of analytics and data science applications, many challenges lie ahead. According to the Harvard Business Review, many data science applications fail due to poor goal definition, a lack of understanding of the key data, or a lack of focus on business value. We believe the best route to data analytics and particularly analytics for the Industrial Internet of Things, must have several key elements.
Romain Wurtz
June 11, 2018
News

The winds of digital change in generation

The terms Big Data, Data Analytics, Artificial Intelligence (AI), and Machine Learning (ML) are being used increasingly in articles and publications about energy - but what is the real intrinsic value customers are trying to achieve, and what are some of the specific types of analytics that can have a real impact on generating assets?
Alec Miller
June 1, 2018
News

Smarter Wind Turbines Try to Squeeze More Power on Each Rotation

Makers of giant wind turbines are hoping that artificial intelligence can bring back some of the industry’s mojo. While developers have spent $1.1 trillion on new wind farms over the past dozen years -- helping transform the global energy landscape with renewable power -- more money is going into new solar systems these days. Also, governments are phasing out subsidies, including programs in the U.S. that have offered $22 billion in tax breaks to turbine projects in the past 15 years.
Bloomberg
May 9, 2018
News

Renewable energy digitalisation to reduce O&M costs

Digitally enhanced services for wind power could reduce operations and maintenance (O&M) costs as well as the levelised cost of energy (LCOE), consultancy Totaro & Associates believes. Prices could rise as digital services become more beneficial to renewable energy assets, the consultants state in the Renewable Energy Digitalization Innovation report.
Wind Power Monthly
May 8, 2018
News

Invenergy wind engineers build analytics in-house to gain speed edge

Invenergy is deploying analytics software by NarrativeWave which empowers wind operations engineers to build new models and can cut development times by up to 90%, company directors told New Energy Update.
New Energy Update
April 11, 2018
News

How the renewable energy industry can leverage real-time analytics to improve asset performance and outcomes

While renewable energy companies have developed advanced applications to improve diagnosing anomalies on wind turbines, for example, most are still taking a “trip first, analyse later” approach, writes Benjamin Decio, CEO of analytics firm NarrativeWave.
Metering & Smart Energy International
April 10, 2018
News

NarrativeWave and Invenergy Announce Three-Year Agreement

Invenergy, North America’s largest independent, privately-held renewable energy company, and NarrativeWave, an Irvine-based Internet of Things software company, announced a three-year agreement. Invenergy will use NarrativeWave’s software to optimize its fleet of wind turbines and other renewable energy assets.
Invenergy
February 21, 2018
News

The Latest Must-Have Service Tool for the Industrial IoT? Natural Language Generation Software.

"For 21st-century field service, the Industrial Internet of Things (IIoT) is a gift that keeps on giving—and what it’s giving in droves is data, massive amounts of it. As even more industrial companies connect their physical assets to the internet, they’re finding that they need effective tools to harness the reams of data flowing from the IIoT. Natural language generation (NLG) technology, an application of artificial intelligence, is becoming an invaluable tool to help industrial companies get the most value from their operational data."
SERVICEMAX.COM
October 4, 2017
News

UPDATE - OCTANe Announces Finalists for the 2017 High Tech Innovation Awards

"OCTANe, Orange County's technology and life sciences accelerator organization today, announced the finalists for the 2017 High Tech Innovation Awards. The awards program, which is entering its twenty-fourth year, is honoring Orange County-based companies who have demonstrated exceptional leadership while developing new technological advancements in their respective industries."
MARKETWIRED.COM
September 20, 2017
Blog

Wind Power & Renewable Energy: Benefits and Methods to Implementing Near Real-Time Analytics & Automation

While wind turbine manufacturers and wind farm operators have developed suites of advanced applications to help diagnose operating anomalies on wind turbines, many are still taking a “trip first, analyze later” approach. This approach made sense when the application of near real-time analytics was not cost effective. However today, near real-time analytics can be applied seamlessly within the operational workflow of existing monitoring operations, resulting in several key benefits. First, real-time analytics enable operators to avoid tripping turbines needlessly and reset tripped turbines faster, resulting in more power output due to higher availability.
Johnny Dobbins
August 31, 2017
News

How Small Businesses Can Use Artificial Intelligence to Outrun the Competition

"When you hear artificial intelligence (AI), you may think of things like "The Terminator," top research universities or huge tech companies like Google, Amazon and Microsoft. For small businesses, the topic may seem too complicated and or too expensive to deal with, and the natural reaction may be to ignore it and go back to work."
BUSINESS.COM
August 3, 2017
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