Louisville, KY, September 28, 2011 --(PR.com
)-- Genscape, a leading global provider of energy fundamentals information for commodity and financial markets, is announcing the launch of the Western U.S. component of its proprietary service that uses advanced infrared cameras to capture real-time heat signatures from power plants.
Genscape’s Power RT Infrared (IR) West service enables participants in wholesale power markets to gain visibility into the real-time output of nine critical power plants in California. The service is based on patented technology that captures real-time thermal images of each smokestack at the monitored plants and provides customers access to video playback of the images. Genscape uses a proprietary algorithm to convert the images into output values measured in megawatts.
"With the launch of this service, traders and analysts can now see how many of the most efficient and market-moving plants in California are operating,” said Chris DaCosta, CAISO market analyst at Genscape. “These plants are frequently setting price in the California market and access to this real-time data will improve understanding of day-ahead and real-time market dynamics.”
Genscape’s IR West service coverage currently represents more than 7.5 gigawatts of generating capacity and includes Los Medanos Energy Center, Inland Empire, Delta Energy Center and Mountainview Power. The IR West region joins four existing Power RT Infrared monitored regions – ERCOT, New England, New York and PJM.
For more information on Genscape’s Power RT services, please contact email@example.com or call (877) 251-5303.
Genscape is a leading global provider of energy information for commodity and financial markets. Utilizing patented technologies and proprietary algorithms, Genscape provides accurate and timely data on capacities, flow and utilization for all major energy commodities. Genscape also delivers fundamentals-based market intelligence services which market participants rely upon to better understand drivers, risks, and dynamics of regional power and gas markets. Please visit www.genscape.com for more information.