E&GT Briefs - POWERGRID International/Electric Light & Power


E&GT Briefs


Aquila says goodbye to wholesale trading

Aquila Inc. will exit the wholesale energy trading business by the end of this month, according to AP sources. In June, Aquila announced that they would shift away from energy trading, looking for a partner or buyer for that side of the business. They have opted instead to simply cease market activity. This moves Aquila back to financial reliance on generation and regulated utilities.

TradeSpark offers VMAC

Virtual Markets Assurance Corp. (VMAC) and TradeSpark LP are beginning technical development allowing the VMAC credit transfer and netting system to be available via the TradeSpark marketplace. TradeSpark plans to make the platform available to market participants as part of the initial testing phase. VMAC and TradeSpark intend to move to full implementation once the testing is complete.

Advantica Stoner introduces forecaster

Advantica Stoner recently released Forecaster 1.0, which predicts short-term daily and hourly future energy demand for an entire customer portfolio, from companies with just a few customer groupings to those with thousands of individual customer meters. Forecaster uses models and analysis algorithms; its predictions are adjusted for a number of different factors, including historical meter usage data, weather and economic data, and load patterns.

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