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Are you asking for a calculated tag that holds the summary of 2 other tags?
Yes, this is possible. There exist different options.
- PI Performance Equations Scheduler is a Server application running on the PI Data Archive node. It can be used for different kind of calculations. Please refer to PI Data Archive Applications Guide for details.
- Asset Based Analyitics should be your choice if you are planning to use the Asset Framework. Please refer to Asset Analytics videos at OSIsoft Youtube Learning Channel.
- Other options, mentioned for completeness, are PI Advanced Calculation Engine (PI ACE) or the PI Totalizer Subsystem that is as well described in the PI Data Archive Applications Guide linked above.