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1 SIEMENS POWER PLANT AUTOMATION LTD.;2 Introduction;3 Introduction;Process
Automation;Enterprise Information Management Power Portal, Cockpit
Strategic Asset Management Promod, Strategist, MarketPower, PowerBase
Financial Planning Budgeting Impact
Fuels Strategy Planning Sendout, Fuels Manager
Energy Trading Risk Management Monaco, Energy Trading Support Manager;6 Siemens New Energy Associates wins FERC contract December 2003;7 ICIS Technology Limited / New Energy Associates;8 ICIS Technology Limited ;American Electric Power Ltd
Drax Power Ltd
British Energy Group
EdF (UK)
British Nuclear Fuels Magnox Generation Ltd
Centrica Ltd
Edison Mission Energy
First Gas Philippines
Fortum (UK) Ltd
RWE Innogy
Powergen plc
Scottish Power Ltd
;Effective Integration of Trading and OperationsPower companies typically have to plan their asset operations to meet contractual requirements. It may be difficult to confirm the contracted position close to real time at the plant control rooms.
The Energy Trading Support Manager can be simply integrated with Trading and Risk Management systems, such as NEA’s leading Monaco product, to support the:
Planning the operation of assets to meet contractual obligations
Identification of potential shortfalls
Minimisation of imbalance penalties ;For UK NETA market the Energy Trading Support Manager fully supports:
Electronic Data Transfer Communications with the Transmission System Operator - National Grid Company
Contract Notifications, plant performance declarations and commercial bids and offers for the real time market to the Market Operator
Acquisition, storage and validation of Balancing Mechanism Settlements information
Capture of Market Information
Interfaces with external systems
;Enhance Profitability Through Imbalance Risk ReductionElectronic capture of despatch instructions, from either central or self despatch processes, and effective balancing of contract positions with actual generation, is the k
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