One in five power plants to become digitalised by 2025

Posted on 19 Sep 2017 by Jonny Williamson

Increased digital investments by power plant owners are expected to create significant generation efficiency gains, driving down both operating costs and CO2 emissions.

Power plants with digital technology will see 27% lower production costs, with individual plants saving £15.6m ($21m) each year on average – image courtesy of Pixabay. Over the past five years, coal and gas-fired energy businesses have invested an average of $330m in digitalising their power plants. Continued investments could see…

This content is for subscribers only. Subscribe now for free to read the full article.