mPrest and the NY Power Authority Announce State-Wide Deployment of mPrest's Asset Health Management System

WHITE PLAINS, New York and PETACH TIKVA, Israel, Dec. 19, 2017 /PRNewswire/ -- mPrest, an Israeli global provider of mission-critical monitoring, big data analytics and control software for the energy sector, and the New York Power Authority (NYPA), the largest state public power organization in the U.S, today announced the release of an updated version of the award-winning asset health management software that they co-developed. The software helps to predict failures in electricity generation transformers before they occur.

The updated version streamlines and automates how power utilities maintain critical assets on the smart grid to prevent power outages and reduce costs. After contributing significantly to mPrest's Transformer Health Management product and its successful implementation at NYPA's Robert Moses Niagara Power Project earlier this year, NYPA has installed the application at its Blenheim-Gilboa Pumped Storage Project in Schoharie County and its 500 MW Combined-Cycle Power Plant in Queens. The system is currently rolling out to the St. Lawrence Power Project in New York State's North Country and other sites.

"The transformer asset health system is improving the efficiency of the field workforce and enhancing safety," said Alan Ettlinger, director of Research, Technology Development, and Innovation for NYPA. "It allows NYPA to monitor its transformers and warn its staff of any assets that may need maintenance, replacement or repair. As a result, we are also able to protect our assets and ensure that the transformers live longer — reducing the cost to NYPA and its customers."

Version 2.0 enhances mPrest's asset health product with new analytics tools and support for new assets and new sensors. This version introduces, among other functions, lube-oil monitoring within generation and transmission elements, as well as aggregation of trend data on lubricating oils with other data types. The product combines sensor data with data from commonly-used dissolved gas analysis (DGA) to create a comprehensive picture of transformer health in real time.

mPrest's software uses advanced prediction and smart analytics technologies to monitor all sensor-enabled transformer equipment while also analyzing offline measurements in a single application and dashboard. It provides operators a comprehensive view of transformer function, predicted health and recommended maintenance actions.

"We are proud to see NYPA's confidence in our asset health management product as expressed through their expansion of our mutual production contract. The NYPA-mPrest partnership, which is going on two years, ensures that our asset health management product is at the forefront of the market," said mPrest Chief Commercial Officer Ron Halpern. "Version 2.0 takes our market leadership and smart, predictive nature of our application one step further with new tools and new assets, all aiming for better grid reliability and better service to consumers."

The Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation, which supports research and development cooperation between the U.S. and Israel, contributed to the product's development.

About mPrest

mPrest is a global provider of mission-critical monitoring, control and big data analytics software. Leveraging the power of the Industrial IoT, mPrest's integrative "system of systems" is a proven catalyst for digital business transformation. Our management solution has been deployed in next-gen IoE (Internet of Energy) applications for power utilities, as well as innovative management applications and IT/OT integration for water utilities, smart cities, defense and HLS. For more information on mPrest, visit www.mprest.com

About NYPA

NYPA is the largest state public power organization in the nation, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. More than 70 percent of the electricity NYPA produces is clean renewable hydropower. NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. For more information, visit https://nypa.gov/ and follow us on Twitter @NYPAenergy, Facebook, Instagram, Tumblr and LinkedIn.

Media Contacts: 
Josh Garrett
mPrest
[email protected]  
(646) 957-5371

Lynne Smith  
NYPA 
[email protected]  
(914) 718-6770

SOURCE mPrest and NYPA