Innogy subsidiary to use kW3000 risk management tool

Npower Northern Limited, a subsidiary of energy supplier Innogy, has chosen to use London-based KWI's kW3000 trading and risk management product.

Innogy, one of the UK's biggest energy suppliers, bought Npower - the gas supply business of Northern Electric and Gas - in August last year. After an internal review Innogy decided that the new subsidiary should continue using the kW3000 product.

kW3000 allows users to calculate risk analytics, view key performance indicators and monitor limits in real time. It is currently being used by blue-chip energy companies in 16 countries. These include firms like PacifiCorp, Bonneville Power Association, Statkraft, Essent and Atel. KWI claimed more than 1.5 billion MWh are managed using KWI's software.

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