LONDON & REDWOOD SHORES, Calif., Nov 28, 2000 (BUSINESS WIRE) SeeBeyond (Nasdaq:SBYN), the leading global provider of eBusiness Integration (eBI) solutions, today announced that Powergen, the third major producer of electricity in the UK, has chosen SeeBeyond’s award-winning platform, e*Gate™ Integrator.
Serving as a “digital nervous system” for Powergen’s infrastructure, e*Gate will help the company connect its applications in compliance with NETA the New Electricity Trading Arrangements.
Companies like Powergen, which both generate and supply electricity, must understand their position at all times. It is critical for energy companies to balance what they say they are going to generate and put into the National Grid, versus the amount they actually generate, and furthermore, the amount the companies will be actually distributing. There are severe financial penalties for imbalance, so eBusiness integration is now much more critical than in the old Pool world.
“Because the market is now very open and decentralized, the National Grid could find that there is now too much or too little capacity in the grid,” explains Logan Kerss, Technical Infrastructure Manager at Powergen. “So in the period between gate closure and real time, there is something called a balancing mechanism market. Because of the number of systems in the service web it is critical to have software that enables rapid implementation and enables us to function as a 24*7 business.”
Powergen looked at several competing products on the market and chose SeeBeyond’s e*Gate. “We applied the criteria of ease of use, speed of deployment, scalability and cost, and SeeBeyond came out the winner,” Kerss confirmed.
Throughout Europe, competition is forcing gas and electricity utilities to re-evaluate their strategies for managing new risks. Since 1990, the electricity Pool or wholesale market in the UK has been a key element in restructuring and privatising its electricity sector. Its influence worldwide on the introduction of competition into electricity markets has been enormous and many countries have introduced their own wholesale markets based, at least in part, on the Pool.
As well as Powergen, Innogy (formerly National Power), Northern Electric and Gas, British Energy and Scottish and Southern Energy have all selected SeeBeyond to streamline their businesses and manage internal and external supply web processes.
“Deregulation is blowing apart the old static supply chains. To compete in the new era of highly dynamic supply and service webs, a new generation eBusiness digital nervous system is required,” said David Bennett, vice president and general manager of EMEA for SeeBeyond. “eBusiness fitness including scalability, fault tolerance, openness and rapid time to deployment is required. This is why industry leaders are turning to SeeBeyond.”
Time to market is critical to integrate the NETA program to participant companies. Highly complex systems have to be connected to allow them to trade effectively. Outside of the specified systems, participating companies are free to choose the applications they require to do trading and risk management. In addition to selecting packages from different vendors, Powergen has also written a number of proprietary systems in addition to legacy systems that must be integrated into its supply web. SeeBeyond was selected to drive integrated business processes in more than ten major areas within Powergen.
“The initial installation of the SeeBeyond e*Gate platform was very straightforward, and took less than half a day,” Kerss added. “Overall to date we have been extremely pleased with SeeBeyond’s approach and professionalism.”
Powergen is a leading international power generator, distribution and supply business. In the UK, its power stations generate enough electricity to power the homes of around 8 million people. It has around 2.8 million gas and electricity customer accounts. The company also owns East Midlands Electricity, which distributes electricity to some 2.3 million electricity customers in the East Midlands via 67,000 km of overhead lines and underground cables. In February 2000, Powergen acquired American energy company LG&E Energy Corp in Kentucky, subject to various approvals. For more information about Powergen, visit its web site at www.powergenplc.com.
About SeeBeyond (Formerly STC)
As a market leader in eBusiness solutions, SeeBeyond (Nasdaq:SBYN) provides the platform to allow companies worldwide to eliminate the boundaries and simplify the complexities of sharing information among applications, both within their enterprises and among their suppliers, partners, and customers in real time. The SeeBeyond e*Xchange eBusiness Integration™ Suite provides an infrastructure that is rapidly deployable and infinitely scalable to meet customers’ growing needs. With more than 10 years of experience operating under the name STC, SeeBeyond has successfully integrated systems at more than 1,300 organizations worldwide, including ABN Amro, Barnes & Noble.com, Bausch & Lomb, Daimler-Chrysler, Florida Power & Light, Fluor Corporation, Hewlett Packard, Nike, PETsMART and Pfizer. Key global business and technology consulting partners include Andersen Consulting, EDS, Computer Sciences Corporation, Cap Gemini Ernst & Young, KPMG Consulting and PricewaterhouseCoopers. Software partners include BroadVision, Onyx Software, Oracle, SAP and Siebel Systems.
SeeBeyond Technology Corporation has global headquarters in Monrovia, Calif. and sales and marketing headquarters in Redwood Shores, Calif. For more information, please visit www.seebeyond.com.
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