Versify Signs Licensing Contract with Pacific Gas & Electric Company
Glen Mills, Pennsylvania (PRWEB) September 05, 2013 -- Versify Solutions Inc. signed a six-year licensing contract with Pacific Gas and Electric Company (PG&E) to provide an advanced software solution to address upcoming CAISO mandated outage management and dispatch requirements. Under the licensing agreement, Versify will provide its V-PERFORMANCE® software suite including Outage Management, Event Management and Performance Reporting as part of a large implementation across PG&E’s entire generation asset base.
Using V-PERFORMANCE’s reporting and operations applications, this state-of-the-art solution will enable PG&E to more effectively manage generator outages, operate and dispatch its generation fleet, conduct compliance reporting and schedule plant maintenance projects. California is one of the world’s largest electricity markets. Improved intelligence into planned and unplanned generator outages in California will lead to the more efficient operation of the PG&E’s electric system, helping offset upward price pressures on electricity for PG&E’s customers.
Versify has strong software solutions to address the growing needs of utilities and power producers in the West. Evolving regulatory requirements and market changes place high dependency on solutions that can manage large volumes of data, often referred to as “big data,” into streamlined reporting and operational procedures.
“From advanced analytics to automated operations applications, Versify has strong solutions for generation owners and operators in the West. We look forward to working with PG&E on this exciting project,” said JJ Jamieson, Regional Director of West Operations for Versify Solutions.
“We are excited to have selected the Versify V-PERFORMANCE solution. We felt that Versify brings the right skills and tools to address PG&E’s need for a tighter integration between planning, execution and analysis of outage management for our generation fleet,” said Aaron Zurborg, Senior Director, IT Business Systems at PG&E.
About Versify Solutions, Inc.
Versify Solutions provides leading business intelligence software services for professionals in the power industry who demand a constant flow of data and intelligence to efficiently navigate an increasingly dynamic and complex industry. Versify provides electric generators with a superior suite of analytic applications and services to optimize fleet performance. Versify serves some of the world’s largest electric generators, including Constellation Energy, Duke Energy, Edison Mission Energy, Iberdrola Renewables, LS Power, Pacific Gas and Electric, and Xcel Energy to name a few. To learn more, visit Versify's website, http://www.Versify.com.
About Pacific Gas and Electric Company (PG&E)
With more than $51 billion in assets, Pacific Gas and Electric Company (PG&E) is one of the largest energy utilities in the U.S. It provides electric and natural gas service to an estimated 15 million people across a 70,000-square mile service area in northern and central California. More information is available at PG&E's website, http://www.PGE.com.
John Egan, Egan Energy Communications, http://www.EganEnergy.com, +1 (720) 949-4906, [email protected]
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