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Tariff Software Provider Systrends USA Gains Big by Signing Up Four Major Grid Operators
Thu, 08 Oct 2009, 08:59:49 EST Edited by Debra Tone    
TEMPE, Ariz., Oct. 8 (SEND2PRESS NEWSWIRE) -- Systrends USA announces that their Tariff software has been selected by ISO-NE, NYISO, PJM Interconnection and another RTO as the Tariff management solution to comply with FERC Order No. 714. Systrends' Web-based software, eTariff, manages the complex tariff documentation for the Independent System Operator (ISO) and Regional Transmission Organizations (RTOs). eTariff is compliant with the North American Energy Standards Board (NAESB) standard. This standard, which was four years in development, is the first national XML-based standard required by the Federal Energy Regulatory Commission (FERC) to collect, manage, and distribute data in the energy industry. Systrends and the RTOs/ISOs are working closely together to ensure they meet the FERC's April 2010 deadline. "eTariff will enable the RTOs/ISOs to successfully manage and transmit their tariffs to FERC," said Systrends CEO David Darnell. "We are pleased to be working with these RTOs/ISOs, their members, and all other affected parties to provide a feature-rich, compliant solution. We are confident eTariff is the best-of-breed and will surpass our clients Tariff management needs." Systrends' goal is to work closely with the market to ensure eTariff offers a robust and dynamic solution well in advance of FERC's deadline. Systrends will offer versions of its eTariff software solution to the entire FERC-regulated community, including electric utilities, natural gas pipelines and storage facilities, oil pipelines, and power marketers. The four RTOs/ISOs operate power grids serving 89 million Americans, with installed generation exceeding 302,000 megawatts and over 122,000 miles of transmission lines. About ISO-NE: Created in 1997, Independent System Operator New England (ISO-NE) - www.iso-ne.com - is the independent, not-for-profit corporation responsible for reliably operating New England's 32,000-megawatt bulk electric power generation and transmission system, overseeing and ensuring the fair administration of the region's $10 billion wholesale electricity markets, and managing comprehensive regional electric power planning. About NYISO: The New York Independent System Operator (NYISO) - www.nyiso.com - is a not-for-profit corporation that began operations in 1999. The NYISO operates New York's bulk electricity grid, administers the state's wholesale electricity markets, and conducts reliability and resource planning for the state's bulk electricity system. About PJM: PJM Interconnection (PJM) - www.pjm.com - ensures the reliability of the high-voltage electric power system serving 51 million people in Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. PJM coordinates and directs the operation of the region's transmission grid, which includes 6,038 substations and 56,350 miles of transmission lines; administers a competitive wholesale electricity market; and plans regional transmission expansion improvements to maintain grid reliability and relieve congestion. About Systrends: Systrends - www.etariff.biz and www.systrends.com - is an EC (Electronic Commerce) software integration and implementation company, headquartered in Tempe, Arizona. Since its inception in 1986, Systrends has been a leader in EC technology standards, Internet security technologies, data communications and data security. Systrends provides international EC expertise and serves an international eBusiness client base. Systrends eTariff is the most advanced solution available for Tariff management. The eTariff system provides FERC-defined standard transport solutions in a stand-alone or hosted environment. Systrends eTariff solutions ensure energy organizations maximize FERC's Tariff changes to streamline the FERC filing process. eTariff provides a product suite designed to satisfy a full range of requirements and budgets. More information: www.etariff.biz.
NEWS SOURCE: Systrends
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