National Grid Implements ZEMA Suite Replacing Incumbent Competitive Solution
Richmond, BC, September 20, 2010 − ZE PowerGroup Inc.® is pleased to announce that National Grid http://www.nationalgrid.com/ (LSE: NG.; NYSE:NGG), has implemented its ZEMA Suite™ enterprise data management software solution to support US energy procurement operations. National Grid is an international energy delivery company and one of the largest investor-owned public utility companies in the world.
National Grid US is using ZEMA to gain a centralized source of market data to integrate into various strategic decision making tools. In addition, ZEMA is providing National Grid US with automated analytics and data modeling, as well as a robust interface with National Grid US Risk Management System. The implementation includes several ZEMA components including: Data Manager, Market Analyzer, Data Validation and Data Direct Excel-Add-In.
Alex Zhukovsky, Director Quantitative Risk and Financial Reporting of National Grid, stated, “We replaced our data management system with ZEMA facilitating risk monitoring through improved data management, better integration, and forward curve building capabilities. We are pleased to be working with ZE.”
Manal El-Ramly, Director of ZE’s Eastern Office commented, “We truly look forward to serving National Grid over the long-term. I am confident that this ZEMA implementation will continue to grow and expand to meet National Grid’s dynamic needs. We are pleased that we are able to meet National Grid’s stringent requirements. “The installation of the ZEMA Suite followed a rigorous and detailed acceptance period. Manal added, “We welcome and challenge other organizations to look beyond their existing solutions and to explore how their needs can be met through the leading technology offered by ZEMA.”
About National Grid
National Grid is an international energy delivery company. In the U.S., National Grid delivers electricity to approximately 3.3 million customers in Massachusetts, New Hampshire, New York and Rhode Island, and manages the electricity network on Long Island under an agreement with the Long Island Power Authority (LIPA). It is the largest distributor of natural gas in the northeastern U.S., serving approximately 3.4 million customers in Massachusetts, New Hampshire, New York and Rhode Island. National Grid also owns over 4,000 megawatts of contracted electricity generation that provides power to over one million LIPA customers.