Fremont, CA (PRWEB) December 19, 2011
Space-Time Insight, a provider of next-generation situational intelligence solutions, nowadays announced that it has been recognized, together with the California Independent Technique Operator (ISO), with an Award of Excellence for sustainable technology innovation from Platts, the top international provider of energy, petrochemicals and metals details, and organizer of the annual Platts International Power Awards. Space-Time Insight and the California ISO were selected for the award based on the successful implementation of a state-of-the-art system to a lot more efficiently apply and manage each classic and renewable power sources for the most populous state in the U.S.
Established in 1999 and frequently described as ?the Oscars? of the power sector, Platts Global Energy Awards this year highlighted corporate and individual innovation, leadership and superior performance in 19 categories spanning the entire energy complicated. Singling out organizations for their strategic contributions to new power, the Award of Excellence was presented to finalists in the ?Sustainable Technologies Innovation of the Year? award category.
The California ISO manages electricity flow across 80 percent of California?s power grid, delivering 286 billion kilowatt-hours annually over 25,000 miles of power lines. Using Space-Time Insight?s geospatial and visual analytics solutions for situational intelligence, the ISO is in a position to visualize, correlate and analyze significant volumes of raw information from many sources which includes grid sensors, wind and solar farms, and weather feeds, in order to detect anomalies on the electric grid, maximize reliability and optimize the use of alternative power sources.
?Our state has an ambitious agenda for addressing climate modify, and as a result, we want to be able to take advantage of renewable power sources?whether or not wind, solar, geothermal or hydro?where and when they are obtainable,? stated Steve Berberich, President and CEO of the California ISO. ?Situational intelligence enables us to constantly optimize our renewables portfolio and make rapidly, informed decisions about the dependable integration of option sources of power into the grid. It?s a potent capability in our renewables arsenal and we are honored to be recognized as an innovator for the implementation of this technique.?
?To fully leverage renewable sources of power, today?s utilities want to correlate, analyze and realize a lot more operational information than ever prior to from a wide selection of sources,? said Rob Schilling, CEO at Space-Time Insight. ?By integrating renewables, weather, sensor and a lot of other data sources into intuitive visual applications, Space-Time Insight delivers a solution for utilities to make timely, informed choices that have immediate impact on their use of renewable energy. The California ISO?s renewables program is a great example of situational intelligence in action, and we are thrilled to be recognized with them for excellence in sustainable technologies.?
The Awards of Excellence were presented in the course of a luncheon ceremony at the Platts International Power Outlook Forum, which featured roundtable discussions and presentations from executives, government officials and business leaders on ?The World?s Quest for Clean Power.? For a lot more info on the Awards, pay a visit to the Platts International Energy Awards site.
About Space-Time Insight
Space-Time Insight transforms the vast quantities of disparate information spreading across organizations, into intuitive visual displays that organizations can use to make informed genuine-time decisions. From standard transmission, communications and transportation networks to Intelligent Grids and Cities, our subsequent-generation situational intelligence answer is creating crucial infrastructure smarter, safer and more trustworthy. With Space-Time Insight, enterprises can visualize and analyze their resources across location and time, quickly respond to disruptions in service, and lower risk while growing consumer satisfaction and profitability. Significant organizations around the globe rely on our high performance computer software to gain actionable insights into their organizations and make real-time operational decisions. Space-Time Insight?s partners include Accenture, Esri, HCL, IBM, OSIsoft and SAP. Space-Time Insight is privately held and based in Fremont, CA. For much more information, visit http://www.spacetimeinsight.com.
Founded in 1909, Platts is a leading international provider of power, petrochemicals and metals details and a premier supply of benchmark prices for the physical and futures markets. Platts’ news, pricing, analytics, commentary and conferences assist customers make far better-informed trading and company choices and help the markets operate with higher transparency and efficiency. Customers in more than 150 nations benefit from Platts? coverage of the carbon emissions, coal, electrical energy, oil, all-natural gas, metals, nuclear power, petrochemical, and shipping markets. A division of The McGraw-Hill Firms (NYSE: MHP), Platts is headquartered in New York with a lot more than 900 staff in far more than 15 offices worldwide. Extra information is accessible at http://www.platts.com.