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Energy & Utility News

  • Charlotte, N.C. (May 6, 2009)- NouvEON completed a successful launch of a new transmission billing system for a regional utility company.

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  • Charlotte, N.C. – May 18, 2009  NouvEON announced the expansion of its Energy and Utilities Practice.

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Wholesale Operations

Energy and utilities companies face mounting demand management and operational efficiency needs, aging assets and environmental requirements. All of these factors will impact how energy is generated, delivered and managed now and in the future.

By employing a best practices approach, the ability to optimize your assets and identify/reduce risks enables you to be proactive. Although there are many components to an integrated supply chain and asset management function, the activities and responsibilities associated with life cycle management throughout an organization ranks first in importance. Many activities exist within this area of concentration, such as the development and maintenance of processes, procedures, policies, standards and metrics which measure the organization’s ability to manage their portfolio of assets. Portfolio management includes a precise focus on cost, controls, compliance, risk and other performance objectives set by the business.

NouvEON’s wholesale operations team consists of experienced professionals who provide knowledgeable and qualified consultants, delivering cost effective and customized solutions to complex challenges. Each focus on end-to-end solutions to support our partner’s strategic, operational and financial goals for wholesale operations components and applications including:

·         Transmission Billing
·         Supply Chain/Asset Management
·         Environmental Health/Safety
·         Demand Response Management
·         Load Forecasting
·         Energy Trading

 

 

Wholesale Operations Success Stories

Transmission Billing
Transmissoin BillingClient: Duke Energy
Project: Mandated Rapid Deployment of Complex Transmission Billing Algorithms

Utilizing the client’s selection of software solutions (Oracle’s Lodestar Billing Expert Module), NouvEON parterned to significantly lower the operating and maintenance costs for multiple legacy systems.  Built for future scalability and expansion, the effort met with complete success.  For more information on this project