Siemens PTI Adds New Consulting Focus
RALEIGH, N.C., May 19 - 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."
About 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. For more information visit us at: www.usa.siemens.com/energy.
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.
For more information on Siemens in the United States, visit www.usa.siemens.com.
Source: Siemens Power Transmission & Distribution, Inc.
CONTACT:
Holly Bounds
of Siemens Power Transmission & Distribution, Inc.,
+1-678-427-6700,
holly.bounds@siemens.com
Web site: http://www.energy-portal.siemens.com/
http://www.usa.siemens.com/energy
http://www.usa.siemens.com/
