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ATLANTA (December 15, 2004) -- NewEnergy Associates, A Siemens Company announced that Ameren Services Company. (Ameren) has licensed NewEnergy's transmission & production simulation solutions, PROMOD IV® and PowerBase™. Ameren expects to deploy the integrated PowerBase Suite as part of its strategy for entering the new Midwest Independent Transmission System Operator (Midwest ISO) market place that opens in March 2005.
"The MISO Day 2 operation plan is expected to bring significant changes for all participants in the Midwest ISO. Ameren is examining how Ameren's demand/resource portfolio will be positioned after MISO Day 2 with the help of NewEnergy software and expertise," said Ajay Arora, Managing Supervisor of Commercial Transactions at Ameren.
As the MISO Day 2 markets develop, the NewEnergy solution will be used by Ameren to examine the cost/benefit and risk potential of their demand/resource portfolios within the MISO Day 2 operations. The PowerBase Suite (including PROMOD IV and PowerBase) will assist Ameren in the identification of potential trading opportunities and quantification of the economic benefits arising from transmission expansion proposals. Ameren has already leveraged the PowerBase Suite in their recent evaluation of MISO FTR nominations and analysis of the risk associated with FTR nominations for the first year of MISO Day 2. As the first year of MISO Day 2 operations come to a close in 2006, Ameren plans to expand use of the PowerBase Suite for the monthly FTR auctions.
"Ameren's use of NewEnergy's expertise and the PowerBase Suite for FTRs is a textbook example of how the strategic development of our software truly stems from the needs of the marketplace. Energy companies participating in the MISO Day 2 environment will need this type of analysis to manage their future success and plan for it. We look forward to helping others support their decisions, regardless of whether they leverage our software or our consulting services, such as our FTR Analysis Report," said Deane Price, President of NewEnergy Associates, A Siemens Company.
About Ameren
Based in St. Louis, Ameren Corporation companies provide energy services to 2.2 million electric and 900,000 natural gas customers over a 64,000-square-mile area of Missouri and Illinois. Among the nation's top utility companies in size and sales, Ameren companies' net generating capacity is more than 14,800 megawatts. Ameren Corporation is the parent company of AmerenCILCO, based in Peoria, Ill.; AmerenCIPS, based in Springfield, Ill.; AmerenIP based in Decatur, Ill., and AmerenUE, based in St. Louis. The company is also parent to nonregulated generating, energy marketing and fuels services companies.
About NewEnergy Associates [ www.newenergyassoc.com ]
NewEnergy Associates, a wholly owned subsidiary of Siemens Westinghouse Power Corporation and a division of Siemens Power Generation (PG), has established itself as the leading provider of true end-to-end energy IT and consulting for decision support and energy operations, from the Plant Operator to the Corporate Officer. NewEnergy Associates has been specializing in the development and support of integrated business applications in excess of 25 years, with clients worldwide in electric and natural gas utilities, energy trading and retailing, power generation and project development, transmission, as well as state and national governments.
In fiscal 2003, which ended September 30, 2003, Siemens PG posted sales amounting to EUR 7 billion and received new orders totaling EUR 7.3 billion. Earnings before interest and taxes (Group Profit) amounted to EUR 1.171 billion. On September 30, 2003, Siemens PG had a work force of approximately 30,300 around the world.
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