Written by: STATISTICA News 10/31/2007 2:42 PM
TULSA, OK (Oct. 31, 2007) - StatSoft (www.statsoft.com) is pleased to announce the establishment of a fully owned subsidiary, StatSoft Power Solutions, Inc. (www.StatSoftPower.com).
StatSoft Power Solutions provides consulting and solution packages designed for utility companies, for optimizing power plant performance and reliability (availability of capacity), and for reducing harmful emissions. Based on over 20 years of experience in applying advanced data driven data mining optimization technologies for process optimization in various industries, these solutions enable power plants to improve their operations by using their existing control systems and equipment, and leveraging existing historical data.
By applying advanced knowledge discovery algorithms, and patent-pending specialized methods for achieving optimized robust performance, this technology will enable operators to achieve lower emissions (e.g., lower NOx, CO), greater efficiency, and greater reliability (e.g., by stabilizing critical performance parameters, such as furnace gas exit temperature, etc.) These patented and/or patent-pending proven methods are applicable to furnaces of various designs, and in particular to fossil-fuel power plants, and technologies ranging from older cyclone-, t-fired, or wall-fired to atmospheric pressure fluidized-bed boilers, and newer coal gasification furnaces.