Gaithersburg, MD
Gaithersburg, MD - October 21 - AWS Energy Services (www.aws.com/energy), a division
of AWS Convergence Technologies, Inc., today announced strong momentum in the
third quarter, adding 16 major new corporate customers. Top-tier clients include
Constellation Power Source, Entergy-Koch Trading, Mirant Services, Conectiv Energy
Supply, Inc., Southern Company Services, Inc., Tractebel Energy Marketing, Inc.,
and Westar Energy, Inc. System operator ERCOT is also making extensive use of
MesoStreamer.
MesoStreamer, powered by the vast and unique AWS WeatherNet nationwide
network of automated weather stations, is deployed on energy trading floors
and in fleet operations and dispatch centers. It is the only application that
provides accurate, localized, up-to-the-second weather information and analysis.
The Web-based application allows energy traders to quickly identify valuable
market opportunities with substantial ROI. Traders using MesoStreamer
are taking advantage of:
· Identification of trading opportunities valued at up to $70,000 per
opportunity
· Trading opportunities uniquely identified with MesoStreamer one to
three times per week and almost daily in more liquid regions, such as the independent
system operator PJM Interconnection.
"MesoStreamer has been an important tool for us to recognize market
opportunities while managing our risk more effectively," said Jim Stevens,
Director of Power Trading Operations for Entergy-Koch Trading. "Currently,
it is the only weather application that provides accurate up-to-date weather
analysis which enables us to make more informed trading decisions. With the
alerts functionality and more comprehensive data of MesoStreamer 1.5, we are
better able to anticipate meteorological conditions that affect the market."
AWS Energy Services recently launched MesoStreamer 1.5. This upgrade includes
enhanced topographical maps showing over 20 percent more data, and up-to-the-second
visual and audible alerts that notify users of important weather events in major
load centers. Alerts are activated when temperature thresholds are exceeded,
forecasts deviate substantially from actual conditions, and temperatures are
changing rapidly. In addition, AWS is now offering its utility company customers
a bundled solution that includes both WeatherArrayTM and MesoStreamer.
WeatherArrayTM is a fully networked, robust and flexible solution for gathering,
cleansing, storing and streaming weather data.
"Although energy markets face historic challenges, executives are looking
for better information and tools to identify opportunities and risks and make
more informed decisions. It is our goal to provide the industry with the most
comprehensive, timely and accurate weather information and analysis to support
the business decisions they make. In addition to MesoStreamer, we are
bringing to market advanced weather forecasts and analysis tools for our customers,"
said Jim Anderson, Director of AWS Energy Services.
About AWS Convergence Technologies, Inc.
AWS Convergence Technologies, Inc. (www.aws.com)
owns and operates the largest network of weather stations in the world. This
real-time network gathers comprehensive, up-to-the-second weather information
from more than 6,000 communities and powers the company's various products and
services, including: WeatherBug, an online weather service that provides
live neighborhood conditions to more than 14 million PC users; WeatherNet for
Broadcast, which delivers real-time weather information to more than 80 million
U.S. households through partnerships with 100 local television stations; WeatherNet
for Education, which provides engaging weather information and educational tools
to schools and colleges, including an innovative set of online lesson plans
and software called WeatherNet Classroom; and AWS Data Services which uses AWS'
unique weather network and software to provide high-value solutions for vertical
industries such as energy, retail, and transportation.