Orlando, FLA. — Siemens Westinghouse announced that it has entered into an agreement with Pegasus Technologies, Inc., owned by KFx Inc., located in Mentor, Ohio, to provide comprehensive solutions to the power generation industry. Siemens Westinghouse is a leading power generation equipment and Information and Control supplier to the U.S. and world markets.
Rapid advancement of information technology and utility deregulation have created a significant need for comprehensive, knowledge-based IT solutions among power producers. Siemens Westinghouse’s strategy is to provide integrated IT solutions from the process level (unit and plant) to the enterprise level (corporate) to maximize revenue per megawatt generation. Siemens Westinghouse has already enhanced power plant performance and increased revenue in plants world-wide and in the U.S through successful introduction of Process Solutions. Siemens Westinghouse has identified the necessity to establish key partners to completely fulfill its strategy.
Pegasus is the industry leader in neural network applications for boiler combustion optimization to reduce emissions and increase efficiency for electric utility customers. Pegasus possesses the exclusive, worldwide licensing rights to Computer Associates International Inc.’s neural network and neugent technology for the power generation process. Siemens Westinghouse’s product portfolio and integration capability combine with the Pegasus application using neural network technology to provide customers with powerful tools to compete in the competitive power market. Environmental aspects of power generation are also seen as critical to Siemens Westinghouse, which is also an OEM supplier of Catalysts for SCR (Selective Catalytic Reduction) systems.
KFx provides total fuel solutions for the power industry. Its patented K fuel process converts low-heating-value coal into clean, high energy fuel. It also provides professional services for energy production while preserving the environment.
Siemens Westinghouse Power Corp. is a Siemens Company headquartered in Orlando, Fla. Within Siemens’ global Fossil Power Generation business, Siemens Westinghouse is the regional business division for the Americas and operates engineering and manufacturing centers in North America. In the U.S. and Canada, the company also is responsible for the Industrial Turbines, Information & Control, and Selective Catalytic Reduction System businesses.