FOR IMMEDIATE RELEASE

 

 

 

PLEXOS Solutions Announces Dynamic Wind Forecast

 

October 4, 2010

 

Sacramento, California

 

PLEXOS Solutions recently announced that it is incorporating a dynamic wind forecast for all wind resources in WECC.  Using PLEXOS Solutions’ proprietary technology, wind-speed forecasts are converted into hourly wind-generation forecasts.  Updated on a nightly basis to take into consideration the latest wind-speed forecasts, the generation forecasts are available in the PLEXOS Solutions web-based information services every morning before market opening. PLEXOS Solutions offers two information services daily.  One is designed to serve the WECC Term market (www.weccterm.com) and the other the CAISO Day-Ahead LMP markets (www.caisolmp.com).

 

According to PLEXOS Solutions CEO, Eric Toolson, “these forecasts are a huge improvement over static wind profiles which do not incorporate real-time information.    An up-to date dynamic wind generation forecast will allow market traders and ISO / utility operators to anticipate swings of up to several thousand megawatts in wind generation and the corresponding impact on market prices”.

 

Contact / More Information:  For more information regarding dynamic wind or the PLEXOS Solutions information services, please contact Ms. Sivan Oyserman at (916) 722-1484 (soyserman@plexossolutions.com) or Ryan Hoppe at (509) 216-8601 (rhoppe@plexossolutions.com).    

 

About PLEXOS Solutions LLC: The Company is focused on providing information services, consulting, and software solutions to traders, utilities, gencos, and ISOs. The management and technical team understands this market and knows how to assist customers to deploy the next generation solution.