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EnvaPower
Rolls into the Midwest with the Launch of PowerIQ Bal-Day
& Next-Day Market Intelligence for MISO
CAMBRIDGE, MA, July 12, 2007 EnvaPower®, the leading provider
of electric power market intelligence, has expanded its PowerIQ
product suite with the launch of a market intelligence service
for MISO balance-of-day and next-day.
Operational since April 1, 2005, The
Midwest ISO is one of the worlds largest wholesale energy
markets with nearly the same amount of operational capacity
as PJM but a much larger geographic footprint.
MISOs vast geographic
breadth and volatility presented unique challenges,
said Dr. Kaiyan Jin, EnvaPowers Principal Development
Analyst. To capture the volatility and variation in
this immense region, weve built our most sophisticated
model yet, comprising over 1,200 generators, over 1,500 power
lines and over 1,000 nodes.
Our customers have been asking
us to introduce a MISO product for some time, says Dr.
Gustav Beerel, EnvaPowers CEO. They see significant
opportunity in MISO and are looking for help to understand
causal drivers to market dynamics and risks. Based on early
feedback, were confident that the comprehensiveness
of our market intelligence and the insights of our analyst
team are delivering significant value to our customers.
Like all PowerIQ Market Intelligence
Services, the MISO Bal-Day & Next-Day Service provides
detailed daily fundamentals-based analysis of the market featuring:
Recap Report analyzing previous day actual vs.
two days prior actual, the DAM cleared results and EnvaPowers
base case prices, demand, supply, and congestion
Demand Forecast EnvaPowers industry-leading
multi-day hourly demand forecast powered by NeuroBuilder
Market Drivers & Risks discussion with clear
& comprehensive analysis of demand, generation, congestion
assumptions in base cases and key risk factors
Daily Briefing Calls by EnvaPowers experienced
analysts
Operations Center Support giving access to EnvaPowers
team of analysts throughout the trading day for inquiries
or to run customized scenarios
Since the rollout of MISO PowerIQ
Service on June 1st 2007, EnvaPower has been adding customers
from the waitlist each week. Currently, 20 of the industrys
leading wholesale market participants are using EnvaPowers
MISO Bal-Day & Next-Day service.
The MISO Bal-Day & Next-Day Service
and the entire PowerIQ portfolio are available for a no-obligation
two-week trial to qualified customers. To request a trial
or find out more information, call Hudson Gilmer at 617.225.0510
or e-mail sales@envapower.com.
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