Comprehensive Power Price Data Provides Clearer View of Volatile Market; FAME Announces Data Distribution Agreements with Deutsche Borse, EEX, and Releases Dow Jones Power Indices.Business Editors/Energy Writers LONDON--(BUSINESS WIRE)--May 29, 2002 FAME, a leading global provider of data management and enterprise solutions for energy and financial trading and risk management, announced today at EPRM EPRM Equipment Performance Report Management 2002 in Amsterdam, an agreement with Deutsche Borse to distribute European spot and futures power prices from the recently merged European Energy Exchange European Energy Exchange AG is Germany's energy exchange the leading energy exchange in Central Europe. The European Energy Exchange is located in Leipzig. Preceding companies were LPX Leipzig Power Exchange, located in Leipzig and European Energy Exchange, located in (EEX EEX European Energy Exchange EEX Enter Exponent ). This new data will be available via FAME's data aggregation and data quality service, Energy Data Services, which consolidates and delivers over 50 global energy market data sources, covering power, weather, gas, oil and petrochemicals in a single feed. "After the initial scramble for price information following deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. , the electricity markets in Europe are now looking for a single source of reliable price data combined with sophisticated analytical tools in order to gain better transparency in this volatile market. The scarcity of a comprehensive, quality-checked source of power, gas and weather assessment data for Europe means that the combination of exchange, reported assessments, and weather data now available at FAME is of very high value to any company participating in the energy markets in Europe," said Ian Gordon, Head of Sales for FAME EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. . "The addition of the exchange data from the EEX is a perfect complement to FAME's current selection of energy market data sources and combined with the new hourly and heat rate conversion functionality in energySCOPE we have a comprehensive solution for players in the European power markets". energySCOPE, FAME's powerful web-enabled analytical and decision-support tool enables users to access and manipulate energy market data from a central FAME database across the Internet. Developed for energy trading groups of all sizes, energySCOPE has built-in energy specific functionality including forward curve visualisation, charting and reporting capabilities, and a wide range of averaging, aggregation and unit conversion functions. Further expanding its coverage of power data, FAME also announced the release of Dow Jones electricity price indexes for Europe and the US. The Dow Jones electricity indexes, available through a daily electronic feed, include the German Power Index (GPI (Graphical Programming Interface) A graphics language in OS/2 Presentation Manager. It is a derivative of the GDDM mainframe interface and includes Bezier curves. ), the Norway and Sweden Electricity indexes (NSE NSE - Network Software Environment: a proprietary CASE framework from Sun Microsystems. ), the Zeebrugge Natural Gas Index (ZIG), the Swiss Electricity Price index (SWEP SWEP Swiss Electricity Price Index SWEP Summer Work Experience Program SWEP South-Western Educational Publishing SWEP South West Equine Protection SWEP Solid Waste Environmental Program SWEP South Wiltshire Economic Partnership SWEP School-Wide Enrichment Program ) and the monthly Select Power Index (SPI (1) (Stateful Packet Inspection) See stateful inspection. (2) (Service Provider Interface) The programming interface for developing Windows drivers under WOSA. ). The feed also comprises nine North American indexes for key geographical points. Dow Jones' electricity price indexes are calculated from actual transactions made in each location and are generally considered to be a respected, reliable source of electricity market information. Dow Jones also is set to launch electricity price indices for France and England/Wales, both of which will be available via FAME. About FAME FAME (www.fame.com) specializes in the delivery of time-series-based, decision-support solutions for the world's financial, energy and public sector markets, providing enterprise information integration, managed data services, Internet-enabled analytical components and products and, through its professional services group, complete custom solutions for the management and analysis of historical and reference data. Headquartered in New York, FAME has over 600 customers in 40 countries and employs over 350 professionals at 16 locations world-wide. |
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