Artificial Intelligence engineering company Beyond Limits has secured a $25 million contract to build the world’s first cognitive power plant.
The power plant will be built in West Africa and is financed by Swiss-based global financial firm Xcell Security House.
The $25 million deal includes the development of Cognitive Power Generation Advisor, a technology which originated for NASA missions, to monitor operations at the natural gas fired power plant.
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The technology is expected to improve:
- Fault Detection to minimise unplanned downtime
- Analyse historical data to provide a baseline of expected behavior.
- Capture performance, sensor data for analysis
- Identify dynamic behavior to establish remaining life
- Estimate current capability and trend toward failure
- Improve plant efficiency
- Increase consistency of efficiency management across shifts, leading to a more uniform operational response
- Establish weather patterns to inform the operator on actions to take to maintain steady-state operation.
The aim of the project
is to drive core industrial capacity and power
economic development in West Africa.
Beyond Limits CEO, AJ Abdallat, said: “If we can help a power plant operate more efficiently, a refinery more economically, or an exploration rig more accurately, it helps the environment and the economy. And the resulting revenue from AI quickly adds up to millions per year.”