| AMSTERDAM, August 2005 – Genscape International, Inc.
announced that Lyon, France based Compagnie Nationale du Rhône (CNR)
has signed a license agreement to use Genscape Power Europe, the web based,
real-time information service.
CNR joins many of Europe’s financial, energy and trading companies
currently using Genscape’s estimates of power plant outputs and
cross border flows in Continental Europe.
“We’re delighted to be working with Compagnie Nationale du
Rhône, and excited about the opportunities going forward with an
organization such as CNR”, said Adam Hooper, Sales Director.
“In only a few years, CNR has grown to become well known in the
wholesale market and is a major electricity vendor. Today, we look forward
to working with Genscape and improving our efficiency in the spot market”
said Christian Triol, the Energy Director of CNR.
About Genscape
Genscape Power Europe delivers essential real-time power supply information
to participants in the continental European power markets. The service
monitors power production and cross border flows at over 100 critical
points in Germany, France, Belgium and the Netherlands. Launched in February
2005 the service provides a critical level of market transparency that
has not previously been available.
Genscape Inc. is based in Louisville Kentucky with its European headquarters
in Amsterdam, The Netherlands.
For More Information contact: Adam Hooper: +31 (0)20 524 4083
About Compagnie Nationale du Rhône (CNR)
CNR is the France’s second biggest electricity producer, with about
3% of French electricity production and 25% of French hydroelectric production.
CNR is the only French electricity company whose production is certified
100% renewable. CNR has constructed 18 multipurpose hydropower developments
on the river between Switzerland and the Mediterranean, comprising 19
power plants, 19 dams and 12 wide gauge locks. These developments supply
an average of 16 billion KWh per year and have permitted the creation
of a modern wide gauge navigable waterway of 330 km between Lyon and the
sea.
For More information contact: Anne MERY: + 33 (0)472 00 68 96
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