• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Genscape and Logical Information Machines (LIM) to Partner in Providing Data and Analytics Solutions to the Energy Markets

Posted on: Wednesday, 2 November 2005, 18:01 CST

LOUISVILLE, Ky., Nov. 2 /PRNewswire/ -- Genscape Inc., the energy market's first and only supplier of real-time power plant output and transmission status information to market participants today announced a partnership with Logical Information Machines (LIM), the leader in providing software to perform sophisticated historical energy and commodity research and analytics.

Genscape's patented time-series data estimates on the real time outputs of over 400 power plants, transmission points, and border flows in North America and Europe will be available through LIM's Market Information Machine (MIM) server and database and via LIM's analysis tools, the XMIM and MIMIC. Genscape collects this information from a network of nearly 2,000 wireless monitoring devices across the United States and Europe.

"Genscape clients can now use LIM's industry leading database and analysis tools to further make use of their revolutionary and proprietary supply side data," said Tony Kolton, founder and CEO of LIM, who added, "The combination of their data and our analytics will make a powerful tool for them to use."

"We're always looking for ways to make our data more valuable and useful for over 125 clients worldwide," said Mike McAuliffe, Vice President - Sales & Marketing of Genscape, "and allowing our clients to access it through LIM gives them an analytical advantage and capability not available before."

McAuliffe added that Genscape's North American Power Data is already in the LIM system and that both companies are working on adding Genscape's European Power Data as well as other Genscape data sets, such as the North American Daily Gas Burn Report, launched by Genscape in the summer of 2005.

About Genscape, Inc.

Genscape's information gathering and distribution system consists of technology to monitor the real-time power output of power plants and load on high-voltage transmission lines. Information reported to customers includes highly accurate estimates of the real-time power output for generating facilities, power flows over strategic transmission paths, and associated information.

Genscape Inc. is the only company to have commercialized the provision of real-time power supply information to support decision-making for energy traders, power plant and line owners and operators, regulators, and other energy market participants. Genscape maintains a 60 person staff and an international headquarters in Louisville, Kentucky.

For More Information: Michael McAuliffe, VP of Sales & Marketing (502) 583-4315, mike@genscape.com, or visit Genscape at http://www.genscape.com/.

About Logical Information Machines, Inc.

Logical Information Machines, Inc. (LIM) is the leader in providing software for sophisticated historical energy, equity, fixed income, and commodity research. LIM was co-founded in 1988 by a successful stock and commodity trader with 20 years of trading experience. LIM markets the Market Information Machine and related tools to analyze and manage large amounts of data, easily and efficiently. LIM supplies their data on a MIM server, with a fast, open design for easy interfacing. The patented query language allows analysts to easily test trading strategies and forecast the markets. For more information or an online demo, go to http://www.lim.com/.

Genscape Inc.

CONTACT: Michael McAuliffe, VP of Sales & Marketing of Genscape Inc.,+1-502-583-4315, or mike@genscape.com

Web site: http://www.genscape.com/http://www.lim.com/

Source: PRNewswire

More News in this Category