Monday, November 22, 2010

Trade and Risk Systems Will Be Able To Assist Effective Decisions

Olga Gorstenko, Manager of Consulting Services for ZE PowerGroup and Bruce Colquhoun, ZE PowerGroup's ZEMA Sales Manager, attended the APPrO (Association of Power Producers of Ontario) Conference which was held in Toronto on November 16-17, 2010. The conference focused on the Ontario's Green Energy Act and issues associated with its implementation. The event attracted over 1,200 attendees, with a majority of which representing the renewable power sector. The political aspect of the public policy was the core issue under review.

According to Olga, the representatives expressed interest in the effects from renewable generation expansion, with the emphasis on financing, environmental concerns and future development of the Feed-in Tariff (FIT) and generation procurement programs. Also she said that the participants discussed system reliability, transmission expansion and upgrades, and distributed generation connections with the grid.

Bruce participated as a speaker on a panel and outlined his vision of the role of Data Management Systems (DMS). In particular, he emphasized that improved DMS will allow companies to continue to make effective decisions in the face of ever increasing data. "It is an increasing importance to automate properly the collection and analysis of data and the ability to integrate with trade and risk systems. Companies that do this effectively will have a distinct advantage by being able to take decisive actions based upon highly complex data sets with greater confidence and speed. DMS will be the engines that drive this," said Bruce.

ZE PowerGroup was the Technical Sponsor of the event and was pleased with the turn out.

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