1 November 2002 – Henwood today released its load analysis module, the newest on-line data and analysis component for its EnerPrise Online product. This module generates hourly load shape data that can be used for simulation modelling or statistical analysis, and calculates monthly coincident peak loads and energy requirements in its market demand forecasts.
Additionally, the user may select and/or modify load forecasts for a variety of aggregation levels: NERC Region, NERC Sub-Region, Control Area, Transmission Zone, and Utility. The hourly results can be downloaded in several formats or displayed graphically as chronological load curves and load duration curves.
The load analysis module is built on eight years of historical hourly data for 288 load serving entities in North America. This comprehensive load database is combined with Henwood’s proprietary load shape algorithms and ten-year load forecasts for approximately 290 individual load areas to provide this unique analytical platform. The module joins EnerPrise Online’s comprehensive family of power market data and analysis modules that include new market entrant monitoring, generation unit hourly operations analysis, generation unit profit analysis, and global electricity market prices.
“Henwood’s load analysis module is the industry’s first and only application of its kind,” explained Mark Henwood, CEO and President. “We have succeeded in making historical and projected load shapes readily available for use in driving important market analysis and organization planning needs. Our team has done a great job of harnessing the data and analysis in a really easy to use Internet framework.”
Companies worldwide license Henwood’s EnerPrise software and information products. Henwood’s enterprise-wide software and information products for the power industry can be used alone or integrated together to manage the workflow of electric utilities, generation companies, power traders, and retail suppliers including: risk and planning, trading and scheduling, market analytics, generation management, and supply and retail load forecasting.