eBidEnergy.com forms alliance with Aquila Energy

ROCHESTER, N.Y., Dec. 4, 2000 — eBidenergy.com, a facilitator of online energy procurement, data acquisition, and data analysis for U.S.-based commercial and industrial businesses, announced today it has signed an agreement with Aquila Energy that will expand the geographic regions both web-based companies can offer their commercial and industrial customers.

After going live in September 2000, eBidenergy.com has begun building a network of suppliers in New York and throughout the Northeast region of the United States. Aquila Energy, a Kansas City, Mo.- based company that is wholly-owned subsidiary of UtiliCorp United (NYSE:UCU), recently established YourEnergySource.com (YES), an auction commodity procurement Internet site with a supplier base in the Southwest and western United States. Under the agreement, eBidenergy.com and Aquila will hand off customers to each other when geographic boundaries limit their own services.

"The deregulation of energy markets across the United States has opened the door to competition in a once monopolized marketplace," said Terry Sick, the founder, president, and CEO of eBidenergy.com. "Our alliance with YourEnergySource/Aquila Energy will enable our customers to reach suppliers beyond our current geographic network, while still benefiting from the services we provide them."

eBidenergy.com and YourEnergySource will provide data hosting and procurement services to commercial and industrial businesses. These services will allow them to easily and efficiently take control of their energy costs, while at the same time efficiently manage their energy purchasing requirements. Using a series of online secure interfaces, customers can define multiple utility rate structures; view past and current billing; analyze the consumption patterns and trends of various utility types on a hierarchical basis down to the device level; compare energy consumption against multiple time periods; investigate rate structure models that best benefit individual consumption patterns; and calculate demand and usage for aggregated groups.

The bid feature accepts commodity purchase requests for proposals to solicit real-time pricing from electric and natural gas suppliers throughout the country.

"This agreement is another step forward in our effort to provide a nationwide e-commence marketplace for energy users and suppliers," said Don Greenwell, president, YourEnergySource. "The Internet is not only the answer to speeding up the energy transaction process, but it also offers the promise of greater savings in the cost of energy."

Aquila Energy is one of the top wholesale energy marketers in North America and is a leading manager of energy risk. It is a wholly-owed subsidiary of Kansas City, Mo.,-based UtiliCorp United, a multinational energy company with approximately four million customers. It operates in the United States, Canada, the United Kingdom, Spain, Germany, Norway, New Zealand and Australia. At September 30, 2000, UtiliCorp had $10.0 billion in assets and 12-month sales of $23.0 billion.

eBidenergy.com utilizes a hosting facility with full 24/7 DBA support to ensure that the integrity, security, and accessibility of customer hosting and auction data. A high-speed, dedicated server tied to the Internet through redundant connections provides peace of mind through 100-percent uptime for every automated metering customer. eBidenergy.com supports Square D PowerLogic, MV90, and MTC Webfoot data collection systems.

For additional information, visit www.eBidenergy.com.

Sponsored by FLSmidth

Related Articles

First Wind wind turbine gearboxes to be rebuilt

First Wind contracted Germany-based Winergy Drive Systems Corp. (WDSC) to rebuild gearboxes for some of the company’s Clipper wind turbines across the U.S.

USVI Tibbar Energy power plant to begin construction

Tibbar Energy USVI has announced that construction will begin in the second quarter of 2015, on a 7-MW anaerobic digestion biogas power plant, which utilizes VIASPACE's Giant King Grass.

Follow Power Engineering on Twitter
Latest News

PNM files ownership plan, coal supply deal with regulators

New Mexico's largest electric provider says it's on track to meeting a deadline for submittin...

Oklahoma attorney general challenges EPA's clean-air plan

A plan by the U.S. Environmental Protection Agency to reduce emissions from coal-fired power ...

Wave Energy Week will mix marine energy developers with traditional hydropower

Oregon Gov. Kate Brown, Democrat, has proclaimed “July 13-17, 2015 to be Oregon Wave Week in ...

Public Service Company of Oklahoma seeks rate increase

Public Service Company of Oklahoma is asking for a 13.6 percent rate increase it says is need...

GAO looks at reliability impacts of changing power generation mix

The Government Accountability Office (GAO) on June 29 released a study provided a month befor...

On the day after MATS decision, Bernstein sees only a limited reprieve for coal units

In light of the U.S. Supreme Court ruling against the EPA's Mercury and Air Toxics Standards ...

Pence says Indiana will not comply with coal plant regulations

Indiana will not comply with President Barack Obama's plan to battle climate change by requir...

Westermost Rough offshore wind park enters operations

The 210-MW offshore wind power plant, Westermost Rough, has entered operations. The project w...

Power Engineering Current Issue

Volume 118, Issue 12
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Buyers Guide Categories

Power Industry Wire News

NW Natural Announces Dividend and Schedules Conference Call to Review Results for the Three and Six Months Ended June 30, 2015

NW Natural Announces Dividend and Schedules Conference Call to Review Results for the T...

Vantage Drilling Responds to News Reports Regarding Petrobras

Vantage Drilling Responds to News Reports Regarding Petrobras

National Grid Drives Innovation Through REV Demonstration Projects

National Grid Drives Innovation Through REV Demonstration Projects

Cardinal Resources' $28.8 Million Cameroon Red Bird Contract Advances; Company Expects Financing Completed, Implementation, in Q3-15

Cardinal Resources' $28.8 Million Cameroon Red Bird Contract Advances; Company Expects ...

Letter From CGE Energy (McKenzie Bay Intl.) President Bryan Zaplitny

Letter From CGE Energy (McKenzie Bay Intl.) President Bryan Zaplitny

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>