GAITHERSBURG, Md., April 22, 2002 — AEP Energy Services has signed on as one of the first energy trading companies to beta test AWS Energy Services’ new real-time weather information and analysis tools on its trading floor.
AWS Energy Services (www.aws.com/energy) is a newly formed division of AWS Convergence Technologies that today unveiled a suite of weather information tools that are customized for the energy industry.
AEP Energy Services, a multinational energy company based in Columbus, Ohio, has rolled out AWS weather information and analysis tools across a number of different functions on its energy trading floor. AEP is a wholesale energy marketer and trader, ranking second in North America in wholesale electricity and wholesale natural gas volume.
“In addition to offering very unique and valuable information and analysis, AWS presents information in a way that can be quickly understood and acted on by our traders,” said Bill Reed, Senior Vice President, Energy Trading for AEP.
Early next quarter, AWS Energy Services will begin shipping the first product in the new suite — MesoStreamer, which tracks and analyzes weather trends in real-time that impact electricity/gas price changes and distribution.
All AWS energy products will be powered by the vast AWS WeatherNet network, which includes more than 5,000 automated monitoring stations across the U.S. It is the largest network of its kind — the only one that can reliably measure weather conditions and instantaneously deliver this information and associated analysis to end users. For more information, visit energy.aws.com or contact Jim Anderson, Director of AWS Energy Services, at (301) 258-8390 x148 or via email at email@example.com.
About AWS Convergence Technologies, Inc.
AWS Convergence Technologies, Inc. (www.aws.com) owns and operates the largest network of weather stations in the world. This real-time network gathers comprehensive, up-to-the-second weather information from more than 5,000 communities and powers the company’s various products and services, including: WeatherBugà¢â€ž-, an online weather service that provides live neighborhood conditions to more than eight million PC users; WeatherNet for Broadcast, which delivers real-time weather information to more than 80 million US households through partnerships with 96 local television stations; WeatherNet for Education, which provides engaging weather information and educational tools to schools and colleges, including an innovative set of online lesson plans and software called WeatherNet Classroom; and AWS Data Services which uses AWS’ unique weather network and software to provide high- value solutions for vertical industries such as energy, retail, and transportation.