Schneider Electric to Provide Remote Asset Health Monitoring and Diagnostics Services to Basin Electric

LAKE FOREST, Calif., January 5, 2016 (Newswire.com) - ​Schneider Electric Software, a global leader in industrial software and part of Schneider Electric, the global specialist in energy management and automation, announced today that Basin Electric Power Cooperative has contracted its Monitoring & Diagnostics Services Center (MDSC) for remote analysis of critical assets using Avantis® PRiSM software.

PRiSM will be used to monitor the health and performance of critical assets at five Basin Electric plants, including combined-cycle and natural gas plants. Schneider Electric analysts at the MDSC are currently developing, training and deploying more than 150 asset models that will be used by the software to provide early warning notification that a piece of equipment is heading towards failure.

“This system can detect subtle anomalies, such as step changes in any of the combustion turbine processes, before traditional operational alarms,” said Kevin Tschosik, Manager of Distributed Generation for Basin Electric. “This should increase both our reliability and availability for the combustion turbine sites and our combined-cycle plant, preventing high repair costs.”

The recent agreement marks an expansion of Schneider Electric’s existing relationship with Basin Electric, as the company installed Schneider Electric’s Wonderware eDNA enterprise historian software in 2012. Basin Electric is one of the largest electric generation and transmission cooperatives in the United States, providing wholesale power to 138 member cooperative systems in nine states.

“Using PRiSM, engineers at our MDSC help customers leverage the Industrial Internet of Things (IIoT) for data-driven insights that help them achieve the greatest return on assets,” said Mike Reed, Manager of Analytical Services at Schneider Electric. “We use machine learning and diagnostics technology, coupled with years of experience, to provide early warning of equipment problems to ultimately reduce unscheduled downtime, improve reliability and control maintenance costs.”

Schneider Electric’s MDSC provides comprehensive monitoring and diagnostics services for all asset types, regardless of manufacturer. Schneider Electric also offers analytic services to support a customer’s internal team of analysts, providing assistance every step of the way from model training, to diagnostics, to best practices and recommendations.

Avantis PRiSM predictive asset analytics software is part of Schneider Electric's expanding software business for power, oil and gas, mining and other process industries. For more information about Schneider Electric Software, visit software.schneider-electric.com.

About Schneider Electric

Schneider Electric is the global specialist in energy management and automation. With revenues of €25 billion in FY2014, our 170,000 employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies will reshape industries, transform cities and enrich lives. www.schneider-electric.com/us