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Ventyx(R), EnerNex(R) and the Midwest ISO to Conduct Eastern Interconnection Wind Integration Study for the National Renewable Energy Laboratory

December 8, 2008
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ATLANTA, KNOXVILLE, Tenn. and SAINT PAUL, Minn., Dec. 8 /PRNewswire/ –
Ventyx(R), EnerNex Corporation and the Midwest ISO announced today that they
have been selected to conduct a landmark study for the U.S. Department of
Energy’s National Renewable Energy Laboratory (www.nrel.gov) to help inform
major policy decisions regarding transmission and generation planning, state
and federal renewable energy targets and other facets of energy supply in the
Eastern United States. This first-of-its-kind comprehensive regional
assessment will evaluate the operational impacts on the power system
associated with increasing wind capacity to 20 percent and 30 percent of
retail electric energy sales in 2024 for the region.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080318/CLTU015LOGO )

The scope of the project is beyond that of anything previously attempted
anywhere in the world. The Eastern Wind Integration and Transmission Study
involves multiple interconnected areas ranging from the Dakotas to Oklahoma
and eastward to Maine, and includes the Midwest Independent System
Transmission System Operator (Midwest ISO), Southwest Power Pool, Tennessee
Valley Authority, PJM Interconnection, New York Independent System Operator,
ISO-New England and Mid-Continent Area Power Pool transmission market areas.
These areas constitute the study region of the Joint Coordinating System Plan.

According to Dave Corbus, Senior Engineer at the National Renewable Energy
Laboratory, “This study will allow us to evaluate what 20 percent and 30
percent wind penetration in the Eastern electrical grid really looks like in
terms of wind resource potential, future transmission requirements and the
impacts on the electrical grid due to the variable nature of wind power.”

“EnerNex and Ventyx are relying on the Midwest ISO to build upon prior
integration studies, work performed by the Joint Coordinated System Planning
Study currently in progress and related technical work to produce a complete
analysis,” said John Lawhorn, director, Regulatory & Economic Studies for the
Midwest ISO, “in addition to the development of multiple transmission plans
for the Eastern United States.”

According to EnerNex Cofounder and Principal Consultant Bob Zavadil, “The
team will leverage experience and methodologies established during the 2006
Minnesota statewide wind integration study and extend them to address the
additional complexities and scope related to such a significant amount of wind
generation in a large competitive market.”

Leveraging the technical expertise of Ventyx consultants and the wind
resource modeling of AWS Scientific, Midwest ISO will apply simulation models
from Ventyx PowerBase(TM) & PROMOD IV(R) software in order to develop regional
outputs for wind generation totaling more than 300 gigawatts of capacity.
According to Ventyx VP of Energy Advisors Gary Moland, “By simulating the
applicable region under a variety of operating and market conditions, MISO can
quantify operating risks and impacts, such as highly volatile wind operation
and the significant difficulties in day-ahead wind forecasting. We will also
support MISO in analyzing and investigating model results and in developing a
detailed forecast of market prices and system operation under the various
study scenarios.”

The study is scheduled for completion in July 2009.

About EnerNex

EnerNex Corporation provides engineering and consulting services, along
with software solutions and customization, for the electric power industry.
EnerNex focuses on providing services around the development and application
of new and emerging electric power technologies to engineer a cleaner, smarter
energy system of the future. For more information on EnerNex, visit
www.enernex.com.

About the Midwest ISO

The Midwest ISO ensures reliable operation of, and equal access to, 93,600
miles of interconnected, high-voltage power lines in 15 U.S. states and the
Canadian province of Manitoba. The Midwest ISO manages one of the world’s
largest energy markets, clearing nearly $3 billion in energy transactions
monthly. The Midwest ISO was approved as the nation’s first regional
transmission organization (RTO) in 2001. The non-profit 501(C)(4) organization
is governed by an independent Board of Directors, and is headquartered in
Carmel, Indiana, with operations centers in Carmel and St. Paul, Minnesota.
Membership in the organization is voluntary. For more information, visit
www.midwestmarket.org.

About Ventyx

Ventyx is a leading business solutions provider, delivering asset
management, mobile workforce management, customer care, energy trading and
risk management, energy operations, and energy analytics solutions to more
than 900 energy, utility and communications customers, as well as to
asset-intensive customers in selected commercial markets. With approximately
1,200 employees in more than 20 locations worldwide, Ventyx delivers
best-of-breed business solutions that maximize operational and financial
performance, backed by the industry’s deepest available industry-specific
domain expertise. For more information, visit www.ventyx.com.

Ventyx is a registered trademark of Ventyx Inc. Other company and product
names may be trademarks of the respective companies with which they are
associated.

SOURCE Ventyx


Source: newswire