SOURCE: Global Energy Decisions

March 17, 2006 04:31 ET

ESB Deploys EnerPrise Software From Global Energy Decisions to Integrate Generation Optimisation, Production Planning and Market Modelling

Multiple Applications Integrated on Common Data Model Achieves Cost Savings and Improved Decision Making

DUBLIN, IRELAND and LONDON -- (MARKET WIRE) -- March 17, 2006 -- ESB Power Generation (Ireland's largest power generator) implemented EnerPrise software solutions from Global Energy Decisions (Global Energy) to integrate multiple departments and applications on a common database platform in order to improve its business capabilities.

"The objective of our Business Capability Enhancement initiative was to integrate key business functions in order to provide ESB consistency across day-ahead nominations, production planning, market modelling and long-term pool price forecasting," said Peter Murphy Manager, Energy Management Centre of ESB Power Generation. "Deploying EnerPrise solutions to meet these needs has enabled us to leverage a common data model to improve decision support and to achieve significant cost savings. These have been realised through improved portfolio management and scheduling processes."

ESB Power Generation implemented three key EnerPrise modules to meet the business needs of multiple departments, which utilise common data for plant characteristics, load, fuel contracts and other key market and portfolio specific data.

--  EnerPrise Generation Management is used for short-term scheduling to
    produce a weekly generation schedule, which is reviewed by ESB traders and
    sent to EirGrid for day-ahead nominations. The application is also used to
    forecast gas requirements to support short-term outage evaluation and gas
    nominations.
    
--  EnerPrise Planning & Risk is used by the ESB Production Planning group
    to produce a recurring production plan, support the annual budget/corporate
    reporting process and support the evaluation of short-term maintenance
    outages. ESB uses a 1- to 4-year simulation time horizon.
    
--  EnerPrise Market Analytics is used by the ET&R and Portfolio
    Optimisation groups to model market design, support strategic investment
    decisions provide long-term pool price projections and provide input
    to corporate long-term plans. The simulation horizon is 1-20 years. Market
    Analytics is the key tool for the Market and Regulation team during the
    consultation of the proposed new Irish Single Electricity Market (SEM)
    market.
    
"ESB's demonstrated real vision when this project was conceptualized. The team undertook a challenging project with a broad scope to realise this vision and the result has been a successful transition that has left the business fully prepared for the new market realities that exist in Ireland. EnerPrise is designed to meet these challenges and I am delighted that we have demonstrated our ability to integrate multiple business processes and disparate data on a common platform in order to improve business results," said Ron McMahan, CEO of Global Energy Decisions.

"We're pleased that the project was implemented successfully and that ESB is achieving its objectives by utilising our EnerPrise solutions," said Tom O'Meara, Senior Vice President, Global Operations at Global Energy Decisions.

About Global Energy: Global Energy provides energy organisations with solutions based on a common framework of software applications, energy markets data, and advisory services to enable energy professionals to forecast electricity pricing and demand, conduct resource planning, perform strategic studies and competitor analysis, manage risk, trade energy and schedule delivery, and optimize generation performance. Based in Boulder, Colorado, with its European headquarters in London, Global Energy has over 400 customer relationships worldwide with the industry's leading market participants. More information about Global Energy is available at www.globalenergy.com.

About ESB Power Generation: Founded in 1927, the Electricity Supply Board (ESB) is a statutory corporation in the Republic of Ireland. It is 95 percent owned by the Government of Ireland, with the remaining shares held by an employee share option trust. ESB is a vertically integrated utility and it includes a number of divisions, which are ring fenced and operate independently in the electricity market. ESB Group employs approximately 9,600 people. It is the leading Irish company in the energy utility sector.

ESB Power Generation operates 48 generating units covering hydro-electric generation, and stations powered by coal, oil, gas and peat.

Contact Information

  • For further information, contact:
    Andy Bane
    Global Energy Decisions, Inc.
    +1 720 221 5708
    Email Contact