Announcement Follows Governor’s Unity and Economic Development Trip to Israel Exploring New Ways to Strengthen Economic Ties and Identify New Opportunities for Future Growth
New York Power Authority and Israeli Company mPrest Collaborate to Develop High-Tech Software Innovation to Improve Electricity Reliability and Power Plant Cost-Effectiveness
Supports Governor Cuomo’s Clean Energy Standard of 50 Percent Renewable Power and 40 Percent Reduction of Greenhouse Gas Emissions by 2030
Governor Andrew M. Cuomo today announced a new partnership with Israeli software company mPrest to launch a first-of-its-kind, high-tech predictive tool that monitors the function of power transformers at New York State’s Robert Moses Niagara Power Plant. The collaboration follows the Governor’s unity and economic development trip to Israel where he held a working lunch with Jerusalem Mayor Nir Barkat and Israeli Business leaders. The new, innovative technology, developed by the New York Power Authority in collaboration with mPrest, will identify and prevent potential costly problems with the plants electrical transformers before they occur.
“New York’s collaboration with Israel’s mPrest on this cutting-edge technology is the latest example of how the strong economic ties between us are benefiting all New Yorkers,” said Governor Cuomo. “By finding efficiencies at New York’s Niagara Power Plant, which is one of the largest renewable energy sources in the nation, this new partnership will increase efficiency and reduce costs, while ensuring that New York remains at the forefront of technological innovation.”
This new digital innovation enables the power plant to forecast potential problems with its electrical transformers with enough lead time so engineers can address equipment breakdowns or other issues. The technology prevents disruption in plant operations, avoids loss of power, and mitigates the associated negative economic impact. The software system uses data from the power plant’s transformer and various sensors, advanced algorithms, historical performance data, and lab reports to assess the real-time “health” of the transformer’s functionality.
mPrest, based in Petach Tikva, Israel, worked with NYPA to develop the new software for deployment on the Niagara Power Plant’s transmission system. The cooperation between mPrest and NYPA began after a NYPA presentation at the Israeli Smart Energy Association in 2015. NYPA provided $975,000 for the project and mPrest approximately $1.3 million. The project was also supported with $900,000 in funding from the Israel-U.S. Binational Industrial Research and Development Foundation, which was established by the U.S. and Israeli governments in 1977 to support and promote industrial research and development that mutually benefits both countries, particularly in high-tech industries.
NYPA and mPrest are continuing to work together with the Global NY initiative and the New York State Energy Research and Development Authority to advance Governor Cuomo's Reforming the Energy Vision strategy. REV is designed to foster the development a cleaner, more resilient and affordable energy system for all New Yorkers and reduce greenhouse gas emissions 40 percent by 2030.
Richard Kauffman, New York State Chairman of Energy and Finance said, “This innovation is a game-changer in power monitoring and problem diagnosis, and is yet another example of Governor Cuomo's REV strategy to make our power system both cleaner and cheaper for New Yorkers. The New York Power Authority and mPrest are setting the bar for others to rise to, and this technology shows how drawing new innovation into the power sector helps us lead in growing a clean energy economy.”
Gil C. Quiniones, NYPA President and CEO said, “Our transformer system is a critical piece of our statewide power infrastructure, raising the voltage or 'electrical pressure' of power so that it can be transmitted long distance over the state's grid . Through our collaboration with mPrest, we can now accurately predict potential failures through better diagnostics and prognosis. As we actively pursue becoming the ‘first completely digital utility in the country,’ it is through cutting-edge technological innovation – like this one made possible with the intelligence, dedication, and cooperation of our partners across the ocean in Israel – that we have developed a unique, effective way of monitoring our transformers.”
Natan Barak, President of mPrest said, “Our partnership with Governor Cuomo, New York State, and the talented, forward-thinking electricity engineers and experts at the New York Power Authority has resulted in the development and deployment of a first-of-its-kind, comprehensive monitoring and control system. In a record amount of time, we, together with NYPA, determined what was needed, and created an unprecedented, effective solution that will reduce operational risks, deter unplanned downtimeý, and prevent expensive maintenance costs. I believe that this technology achievement will lead to broader partnership between Israel and New York State.”
Before it was first operational in Niagara, the software was tested using historical performance data by the Electric Power Research Institute. EPRI conducts research and development relating to the generation, delivery, and use of electricity for the benefit of the public. NYPA is also looking at other applications for this technology and plans to install the system at additional locations.
About Reforming the Energy Vision
Reforming the Energy Vision is Governor Andrew M. Cuomo's strategy to lead on climate change and grow New York's clean energy economy. REV is building a cleaner, more resilient and affordable energy system for all New Yorkers by stimulating investment in clean technologies like solar, wind, and energy efficiency and generating 50 percent of the state's electricity needs from renewable energy by 2030. Already, REV has driven 800 percent growth in the statewide solar market, enabled over 105,000 low-income households to permanently cut their energy bills with energy efficiency, and created thousands of jobs in manufacturing, engineering, and other clean tech sectors. REV is ensuring New York reduces statewide greenhouse gas emissions 40 percent by 2030 and achieves the internationally recognized target of reducing emissions 80 percent by 2050. To learn more about REV, including the Governor's $5 billion investment in clean energy technology and innovation, visit www.ny.gov/REV4NY and follow us at @Rev4NY.
NYPA is the nation's largest state public power organization, through the operation of its 16 generating facilities and more than 1,400 circuit-miles of transmission lines.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. More than 70 percent of the electricity NYPA produces is clean renewable hydropower.
mPrest is a leading-edge provider of mission-critical monitoring and control technology and solutions. With a global track record including the command and control system for the renowned Iron Dome, mPrest “connects the dots”, enabling the integration of multiple systems and sensors to optimize performance and dramatically reduce cost and risk. For more information on mPrest, visit www.mprest.com.