ANDERSON CONSULTING: Electricity trading over the Internet begins in six New England states.

0 Comments | M2 Presswire, May, 1999

M2 PRESSWIRE-14 May 1999-ANDERSON CONSULTING: Electricity trading over the Internet begins in six New England states (C)1994-99 M2 COMMUNICATIONS LTD RDATE:130599 * ISO New England Teams with Andersen Consulting and ALSTOM ESCA to Redesign Competitive Electricity Market in Region HOLYOKE, MA -- The era of bid-based electricity competition in the six New England states started May 1 as ISO New England began operating a virtual trading floor via the Internet for New England's wholesale electricity market.

Up to 130 electricity generators, suppliers, marketers, brokers and load aggregators are now using the Internet to trade for electricity supply and services across the six-state region. This milestone is a significant step for New England's electricity...