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Cannon Technologies' Load Management Systems
Help Utilities Survive Record Temperatures
June 30, 1998, Minneapolis, Minn....Record
temperatures last Thursday and Friday, June 25-26, drove electricity
demand to new levels across the United States, and pushed the
price of spot-market power to an unprecedented high. At one point
on Thursday, spot-market power in the Southeast reached $4900
per megawatt-hour, more than 120 times last summers' average in
many areas of $38 per megawatt-hour.
Cannon Technologies' president and founder, Ed Cannon,
commented on the situation. "We estimate that customers using
our DSM/2 Load Management system collectively were able shed more
than 1,500 megawatts of electricity last week," said Cannon.
"That's the equivalent of 3 large, coal-fired generation
units. In addition, many utilities combined capacitor bank control
with load management to maintain voltage and extend the life of
overloaded substations."
Using Cannon Technologies' DSM/2 Load Management
software and hardware, Cannon Technologies customers across the
country were able to shave their peaks during the heat wave by
controlling customer irrigation, water heater, and air conditioner
units as well as interruptible commercial loads. Load management
is the process whereby utilities directly control customer appliances
in order to reduce peak demand for electricity.
Cannon Technologies, Inc. is a privately held company
founded in 1987 specializing in the development of software
and systems for electric utility remote metering, substation
automation, capacitor control and load management. Cannon
Technologies has also developed the Substation Advisor®,
an automation system for substations that includes equipment
sensors, trending applications for predictive maintenance,
and interfaces to many existing SCADA (Substation Control
And Data Acquisition) systems. Cannon Technologies presently
has over 240 electric utilities worldwide using its products.
Based in Wayzata, Minn, Cannon Technologies also has branch
offices in Iowa, Nebraska, North Dakota, and Texas.
For more information contact:
Jim Losleben
Director of Business Development
Cannon Technologies, Inc.
1212 E. Wayzata Blvd.
Wayzata, MN 55391
jim@cannontech.com
651.686.9547
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