“AEP has been using Excelergy’s software products to bid, schedule and dispatch 10,000 megawatts of generation into the ERCOT market. We are pleased with the rapid deployment of their scalable and configurable product,” said Dave Banks, vice president of business systems for AEP Energy Services. “Thanks to the quick implementation, we are well prepared to collaborate with the ERCOT ISO immediately upon the market opening. We expect to leverage our successful ERCOT experience with Excelergy eXACT at other FERC-mandated RTOs and ISOs nationwide.”
LOS ANGELES, Calif., July 23, 2001 — U.S. Energy Secretary Spencer Abraham announced in California today the successful results of the federal government’s plan to expand the State’s power grid by attracting private investment.