Software to predict power needs

Article Abstract:

As demand for electricity increases, utilities seek ways to better manage existing rescources. Research by Dr. Mark Ivey, and others, at Sandia National Laboratory, suggests that the industry could profit from the use of probability predicting software to model the continental power grid. This risk assessment software would help utility planners test the power system's response to various scenarios, rather than using historic weather and usage numbers only for demand forecasting. One difficulty in doing this is getting power companies, in the newly deregulated market, to share the accurate up-to-date data needed for this software.

Production management, North America, Statistical Data Included, Models, Usage, Computer software industry, Software industry, Product development, Technology application, Statistical software

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Lights Out in the Dominican Republic

Article Abstract:

Several American companies including AES Corp. and Enron control most of the electric power distribution for the Dominican Republic. Because these companies claim the government has not paid them, they are cutting power to the country on a regular basis, causing economic problems.

Government domestic functions, Contracts & orders received, Services discontinued, Contracts & orders let, Dominican Republic, Economic aspects, Energy policy, Contracts, Contract agreement, AES Corp., AES, Service discontinuation

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Settlement Is Reached With Enron

Article Abstract:

Oregon, Washington and California have reached a settlement with several energy companies, including Enron Corp., that are accused of overcharging millions of consumers in the 1990's. Enron may have to pay as much as $1.52 billion.

Legal issues & crime, Government regulation (cont), Market information - general, Financial management, Government regulation, Commodity & service prices, California, Washington, Legal/Government Regulation, Oregon, Capital funds & cash flow, Natural gas transmission, Compromise and settlement, Company legal issue, Cases, Settlements (Law), Laws, regulations and rules, Finance, Prices and rates, Supply and demand, Accounting and auditing, Gas transmission industry, Enron Corp., Price fixing, Company financing, Company pricing policy, ENRNQ

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