Siemens Power Transmission &
Distribution, Inc., Power Technologies International (Siemens PTI) is
pleased to announce its new Energy Market Business Solutions (EMBS)
consulting practice. Siemens PTI has aggregated its on-going offerings of
independent network and market consulting services to guide market
participants through the increasingly competitive world of electricity
markets and transmission constraints. Siemens PTI's EMBS practice provides
market-related advisory services that consider transmission network
capability and reliability and the local market structure. Such advisory
services include: Technical and economic risk assessment for new or upgrade
projects and refurbishments; development of outage and equipment
maintenance strategies based on price impacts; probabilistic congestion
analysis; financial impact of the regulatory environment; and technical and
economic assessment of interconnection opportunities.
Siemens PTI has long been distinguished for its transmission network
analyses capabilities and, more recently, for its staff and experience in
market development and assessment capabilities. The EMBS organization
recognizes that these two disciplines cannot be thought of as having
separate goals, and indeed a coordinated approach is required to achieve a
project's optimum market performance against risks. A unique aspect of the
work performed by this new practice is the use of a fully detailed
transmission network model and the reliability capabilities of PSS(TM)E
coupled with a detailed economic model to simulate the market environment.
"Siemens PTI is now a one-stop-shop for truly integrated transmission
network engineering and market analyses," says Mike Edmonds, vice president
and general manager of Siemens PTI. "With our specialized EMBS
organization, we are bridging these two disciplines to couple our strengths
in market analysis capabilities with reliability-based transmission
analysis. The experience and analytical capabilities of this new practice
represent a melding of top technical and market expertise and tools."
Siemens
Siemens Power Transmission & Distribution, Inc. is one of Siemens'
operating companies in the United States. Siemens Power Transmission &
Distribution, Inc., headquartered in Raleigh, NC, creates innovative
product, system and service solutions for its customers -- electric
utilities, transmission organizations, independent system operators, and
large energy consumers. It is a leading supplier of high and medium voltage
power delivery equipment, energy management systems, network planning and
power system engineering software for regulated and deregulated generation,
transmission, and distribution markets. The company's products and systems
are used to increase power system capacity and improve the reliability,
stability and flexibility of power delivery and network control systems. It
has operations in Wendell, NC; Jackson, MS; Minneapolis, MN; San Jose, CA;
Schenectady, NY; Jackson, TN; Heber Springs, AR; and Atlanta, GA.
Siemens AG (NYSE: SI) is a global powerhouse in electronics and
electrical engineering, and operates in the industry, energy and healthcare
sectors. For more than 160 years, Siemens has built a reputation for
leading-edge innovation and the quality of its products, services and
solutions. With nearly 400,000 employees in 190 countries, Siemens reported
worldwide sales of $96.6 billion in fiscal 2007. With its U.S. corporate
headquarters in New York City, Siemens in the USA reported sales of $19.8
billion and employs approximately 70,000 people throughout all 50 states
and Puerto Rico.
SOURCE Siemens Power Transmission & Distribution, Inc.