Harrogate, UK, April 29, 2004 — ICIS Technology Limited, a wholly owned subsidiary of Siemens Power Generation (PG), reported today that Energia, a member of the Viridian Group PLC and the largest independent supply company in Ireland signed an agreement for its Energy Management System, RetailOffice®.
Energia has deployed this Siemens Energy Business Solution to automate and manage customer load profiling, forecasting, profit and loss reporting, along with risk reporting. “The implementation of RetailOffice will add transparency to our business processes providing real-time feedback,” states Dr. Nico O’Rourke, Middle Office Manager of Viridian Energia. O’Rourke adds, “RetailOffice will integrate data sources from across the enterprise to produce an accurate and timely snapshot of Energia’s risk position. This will help us identify more business opportunities, avoid unnecessary risks, make better economic decisions, all with greater efficiency.”
About Viridian Group PLC
Viridian Group PLC is listed on the Dublin and London stock exchanges and employs over 2,500 people. In 2002/03 the Group had a turnover of £780 million / â‚¬1.1 billion. Viridian Group has all-Ireland energy interests through Energia, a growing electricity supply business operating in the competitive markets in Ireland and the Huntstown Power Station near Dublin. NIE Powerteam, which undertakes contracting work on electricity networks and high voltage facilities is also a member of the Viridian Group.
Northern Ireland Electricity (NIE), the Group’s major subsidiary, is responsible for the regulated procurement, transmission, distribution and supply of electricity to 733,000 homes and businesses in Northern Ireland.
About ICIS Technology Limited
ICIS Technology Ltd, a wholly owned subsidiary of Siemens PG, is a leader in the delivery of control, process and business systems for the energy industry. The company’s operations include the supply of software applications, systems and services to energy companies. Clients include energy companies in electric and natural gas utilities, trading and energy operations management, power generation and project development, as well as state and national governments. ICIS’ energy trading support, dispatch, and real time monitoring applications have become the de-facto industry standard solutions for portfolio generators and independent power producers alike in the England and Wales de-regulated energy market, and using its knowledgebase ICIS has installed systems and solutions in international markets including Europe, Asia and North Africa.
In fiscal 2003, which ended September 30, 2003, Siemens PG posted sales amounting to EUR 7 billion and received new orders totaling EUR 7.3 billion. Group Profit amounted to EUR 1.171 billion. On September 30, 2003, Siemens PG had a work force of more than 30,000 around the world.