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

GRDA to pay $296M to construct combined-cycle plant in Oklahoma

Northeast Oklahoma's Grand River Dam Authority (GRDA) directors reached an agreement, on Monday, to pay a $296.9 million engineering, procurement and construction (EPC) contract for a 495-MW combined-cycle power plant near Chouteau, Oklahoma.

Energy storage mandate creates mega market for storage solutions

Storing electricity on a large scale has long been pursued by electric utilities in hopes of using the power to cover periods of peak demand.  

Follow Power Engineering on Twitter

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.

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Archived Articles

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

Buyers Guide Categories

Power Engineering Current Issue

Volume 118, Issue 10

Buyers Guide Company Listings

Belt Tech Industrial

Belt Tech Industrial, founded in 1991, provides quality conveyor belt system products and service. From certified service crews to knowledgeable sales force you can count on Belt Tech's conveyor solutions.

Independent Power Associates Inc

Specializes in providing engineering, project management, operator training, operator qualification programs, maintenance/operations program audits and compliance reviews to power plant and industrial plant facilities.

nHance Technologies Inc

Provides full-scope high-fidelity operator training simulators with DCS virtual packages or cost-saving emulation, dynamic simulation software (MMS), engineering/control analysis, fossil/nuclear simulator upgrades as well as ebooks on power plant fundamentals.

Albert Energy LLC

Albert Energy is a direct-hire recruiting firm offering qualified candidates, placement services and executive searches to the power sector throughout North America.

Power Industry Wire News

Blue Earth Completes $10 Million Private Placement

Blue Earth Completes $10 Million Private Placement

Energy Services Company ENSERVCO to Present at LD Micro Conference

Energy Services Company ENSERVCO to Present at LD Micro Conference

Philip Falcone Departs Harbinger Group Inc. and Will Continue to Advance HC2 Holdings, Inc.

Philip Falcone Departs Harbinger Group Inc. and Will Continue to Advance HC2 Holdings, ...

Planet Resource Recovery, Inc. Adds Water Industry/Manufacturing Veteran to Advisory Board

Planet Resource Recovery, Inc. Adds Water Industry/Manufacturing Veteran to Advisory Bo...

Western Gas Partners Closes Nuevo Midstream, LLC Acquisition and Issuance Under Exercise of Underwriters' Over-Allotment Option

Western Gas Partners Closes Nuevo Midstream, LLC Acquisition and Issuance Under Exercis...

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 >>

Power Engineering Newscasts

EPA chief: carbon caps will boost economy
Australia, Russia enter nuclear power agreement with Argentina
Largest battery energy storage in North America now operational
EPA chief: carbon caps will boost economy Largest battery energy storage in North America now operational Australia, Russia enter nuclear power agreement with Argentina Texas’ Panda Temple combined cycle plant up and running
Siemens agrees to acquire Dresser-Rand
Safety concrete poured at UAE nuclear reactor power project
Foster Wheeler to upgrade natural gas-fired power plant’s emission controls
GE, TransCanada partner on natural gas turbine design
Energy storage global market to grow to $15.6B by 2024; DOE awards $2M to support taller wind turbine towers; Hinkley Point C nuclear project have financial incentives approved; N.J. company building waste-to-energy project in Ireland