TAMPA, Fla., July 24, 2001 – Enporion, the open, global supply chain e-marketplace for the energy industry, today announced its Dynamic Commerce team will host an auction for 20 Gas Turbines.
In a time when energy supplies are tight worldwide and with order and production lead times for new turbines running up to three years, this first-of-its-kind event presents an unprecedented opportunity for companies to increase generation capacity in a matter of months, rather than years.
The auction will take place beginning August 7, 2001, at 8:00 A.M. Eastern Time. One day later, on August 8, 2001 at 4:00 P.M. Eastern Time, the first two auctions will close. Using a staggered-auction cycle, Enporion will put to bid all 20 turbines, with two auctions beginning and ending every 14 days.
According to the supplier, the turbines for auction are comparable to the GE Model LM2500, with capacities ranging from 21 to 28 megawatts. Each unit is approximately 10 years old with less than 40,000 total hours of use.
Commerce One, Inc., the e-marketplace company, is providing the technology solution for this and all of Enporion’s auctions. Commerce One Auction Servicesà¢â€ž-has become a staple within the e-commerce industry for handling auctions and other dynamic commerce activity.
Once auctioned, the buyers will have the choice of configuring the turbine to run on distillate, natural gas or dual fuel. Each unit comes with a one year, 8,000 fired hours warranty. Additional warranty, as well as on-site service and repair contracts may be purchased at the time of sale.
Once units are purchased, final configuration to meet buyer specifications will take place and the units will be shipped ready-to-install.
Brokers will be excluded from bidding. All bidders for this event must pre-qualify through Enporion. Pre-qualification for this event is available online at auctions.enporion.com/bidder/registerapplicant.asp.
“This auction represents an unusual, and perhaps unique, opportunity for companies ranging from energy generators to large institutions and manufacturers to increase generation capacity rather quickly, in the face of high energy demand,” said George Gordon, CEO of Enporion. “The fact that Enporion has been selected by the owner to present these turbines for auction reflects well on both our technology and our philosophy of mutual gain. Certainly, we are the first in our industry to use auction capabilities to benefit both our suppliers and bidders in an event of this magnitude.”
According to Terry Ray, vice president of Energy Information Strategies for META Group, Inc., “Using the auction method for purchasing high ticket items should appeal to savvy buyers able to fast-track approvals within their organizations. The ability to shave two to three years of lead time off a purchase of this type makes this auction attractive, especially in this critical supply/demand period in the energy industry.”
“The series of turbine-generator auctions represents not only a major transaction, but the increased use of e-marketplaces to move complex, business-critical goods and products via the Internet,” said Dennis Jones, president and vice chairman of Commerce One. “Commerce One focuses primarily on helping its customers to move business processes online to save time and money. Enporion has taken a leadership role in enabling its members to leverage the benefits of e-commerce and we look forward to helping Enporion realize further efficiencies.”
For more details on this and other Enporion auctions, please see www.enporionnews.com.