Atlanta, GA, July 2, 2007 — NewEnergy Associates announced the release of SENDOUT 12.0, the next generation of its natural gas portfolio optimization system. The company said SENDOUT 12.0 is designed to offer comprehensive modeling detail, a user-friendly graphical interface, and flexible reporting capabilities, backed by NewEnergy’s professional support.
Norm Richardson, vice president of energy forecasting and planning for NewEnergy, said “SENDOUT 12.0… combines fully integrated Monte Carlo Simulation with industry proven asset optimization techniques.” Customers, Richardson said, using SENDOUT 12.0 will be able to use “distributed computing” and “reporting capabilities to manage and evaluate their supply portfolios for the next month through the next several years.”
SENDOUT is designed to offer a solution-set that includes a detailed supply portfolio optimization system, which incorporates scenario analysis and uncertainty/volatility modeling. The software system provides a detailed assessment of the entire supply portfolio — along with operational and economic constraints and parameters — and evaluates the impact of potential operating, weather, and price conditions. Ultimately, SENDOUT is designed to provide the foundation for a comprehensive and prudent gas supply planning process.
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