Genscape
GENSCAPE - ESSENTIAL ENERGY INFORMATION
home‹powerdata resourcesmarket movesabout genscapemedia archive
Australia / Japan
Market Moves: June  Updated 7/1/2004

Genscape physically monitors approximately 278 of the most significant power plants and transmission paths throughout the United States. When a plant ramps up or trips, that information sounds an alert on your desktop within 45 to 90 seconds of its occurrence.

The Power 2.3 system sent out 1365 plant alerts for the month of June.

These alerts indicate that a plant has dropped or raised production past a certain reasonable level. Genscape also transmits color alerts on many plant outages, defining the cause of the event as well as the forecast for a return to production.

Listed below is a sample of the market events Genscape caught in June:

Date Plant Market Event      Reaction*          Region
6/7/2004 Palo Verde-3 Palo 3 was taken offline Monday due to the failure of the main turbine electro-hydraulic control system Hourly markets for 6/7/04 saw prices increase between $4/MWh to $7/MWh throughout the day WECC
6/14/2004 Palo Verde-1, 2 & 3 All 3 units came off-line, APS says due to "grid disturbance" California hub SP-15 prices up around $70.00 per megawatt hour from about $58.00 per MWh WECC
6/18/2004 Vermont Yankee Vermont Yankee tripped offline when a transformer exploded in the switchyard Vermont Yankee alerted at 6:17 AM EST, real time prices jumped over $100 /MWh. Eastern dailies for Monday rose $6. NPCC
6/17/2004 Salem-1 Salem-1 reduced power Hope Creek-Salem alerted at 1:48 PM EST, PJM real time prices went up from $81 to $98 /MWh. PJM
6/19/2004 Keystone Keystone powered down a generator PJM real-time prices traded up $20 to $95 /MWh for hour ending 1100. PJM
6/22/2004 Limerick-2 Limerick 2 was taken offline due to a malfunction in the plant's electrical yard. Limerick alerted 12:38 AM EST, PJM real-time prices jumped from the $40 /MWh into the $70s /MWh. PJM
6/30/2004 Monticello Monticello lost generation Monticello alerted at 7:38 EST, Ercot real time prices climbed to a high of $52 /MWh. ERCOT
6/30/2004 Salem Salem-1 reduced power Hope Creek-Salem alerted at 00:18 AM EST, PJM real time prices increased $3.00/MWh, trading between $50.50-$53.25/MWh. PJM

*as reported in Megawatt Daily

 

Genscape delivered alerts instantly as the events unfolded, arming our customers with the market’s most timely and accurate output information.

Genscape also allows customers to take in the data through a .csv or XML based feed to run proprietary or third party analytic software. Whatever system you use, Genscape can create value for you and your team.

For a trial or for more information please contact Mike McAuliffe V.P., Sales and Marketing. Email:
Phone: 502.583.3435
Genscape Home

 
Genscape The Web

Customer Quotes:

"Genscape is a must for any bal-day or short term trader. The program is paramount for effective intra day and next day analysis."

Fred, Northeast Trader

"Successfully navigating the real-time power market is like solving a complex puzzle every day. The big pieces of that puzzle, load, generation, fuel prices, and transmission outages constantly change, often with significant implications.

We are fortunate to have a resource such as Genscape. Genscape's access to generation levels and outages provides critical information that helps us make successful real-time decisions."

Jim, Trader / Asset Manager

"On a high level, it is clear that Genscape surveys a great 'footprint' of the United States. The real-time data they provide closely parallels the national trends reported weekly by the Edison Electric Institute."

Justin Market Analyst

"We rely on Genscape Power 2.3 to give us the needed insight on the real time status of the supply side of the power market. By monitoring Power 2.3, we know whenever a unit has tripped off line or is coming back on line. The quick response of Power 2.3 is matched by the quick response we get from Genscape employees when we request customer support."

Alex, Power Trader

"Genscape is an invaluable tool in helping us to understand the forces driving the instantaneous energy market. We monitor Genscape for alerts and changes throughout the day and use the information in the decision process for making deals and for setting our position in future days. It definitely enhances our bottom line!"

Mike, Hourly Trader

"I use Genscape every day to monitor plants in PJM. When a unit trips it affects Bal-Day prices, so it is definitely a must have tool for me."

Matt-PJM Trader

"It's no secret that energy markets react instantaneously to every change. Genscape is the first thing we look at each morning and is one of our most important tools. Although major events don't occur everyday, when they do we are thankful we have a tool like Genscape."

Charles, Financial Trading Manager

"The bottom line numbers have grown a result of accurate, real-time data provided by Genscape. A product that makes me look good to the boss is an asset that I can't imagine living without."

Mark, Short Term NE Trader

"I love Genscape. I usually keep it open all day. I refer to the interface when prices spike so I can better understand price moves and determine where and when plants in the region trip."

Erica- PJM Trader

"Genscape is a great tool. With the e-mail alert feature and Genscape projected on one of our big screens, it gives us quick feedback on what's happening in the region that we can immediately pass on to the trading floor."

Tag- Generation Scheduler Coordinator

"We use Genscape's plant data in a neural network model to create accurate near term forecasts which adds to our bottom line."

Bob, Manager of Short-term Trading

"The real-time information that Genscape provides is key to employing hourly, daily, and monthly strategies and executions in the Energy Market."

Thomas - Trading Analyst

"Genscape provides increased confidence in taking on larger and more lucrative positions."

Joe - Power Trader

"The first thing I do every morning is log on to see what the conditions are in our region - generation availability, weather conditions, etc. I stay logged on all day. "

Kim, Public Utility Commission Staffer

"It's altogether better for my career to have Genscape tell me about a large generating plant tripping than to have to hear it from my boss first!"

Don- NEPool trader

"Genscape provides data for a more accurate analysis. This directly translates into an increased level of confidence for the traders and I, which allows more aggressive strategies."

Pierre, Transmission Analyst

Contents copyright Genscape, Inc. & Genscape International, Inc. 2002-2009©     US: 502.583.3435  EU: +31 (0) 20 524 4080
      contact Genscape