PowerUp is a customized software-enabled platform that can increases a wind farm's output by up to 5 per cent.
The PowerUp offering agreement between E.ON and GE is an outcomes-based approach, which means that E.ON will pay GE only on the actual benefit of the PowerUp platform. GE and E.ON have agreed to a set point of additional annual energy production per wind turbine.
"The outcomes-based approach aligns well with our goals of providing cleaner, better energy at a more affordable price," said Steve Trenholm, chairman, E.ON North America. "Investment in wind energy has led to technological advancements like PowerUp that continue to make renewables more and more competitive with traditional forms of energy."