NIWOT, Colo., April 4, 2011 /PRNewswire/ -- Onsemble -- an independent provider of real-time, hub-height wind data – today unveiled its new West Texas Wind Index (WTWI). The new product provides an estimate of the total power output of more than 90 percent of the wind farms in the Electric Reliability Council of Texas (ERCOT) region.
"The West Texas Wind Index is a representation of total wind power output in the West Texas Wind Corridor," said Onsemble Vice President Anish Parikh, who likens the product to other market indices. "Our model could be a new resource for a variety of industries. It's the region's first of its kind."
Onsemble's wind Index could be a resource for energy and commodity traders, market participants, forecasters, system operators, utilities and wind farm investors.
Onsemble's proprietary West Texas Wind Index can bundle together in one place real-time, hub-height wind-power information because the firm has a private 17-tower network of meteorological sensors sited near ERCOT wind farms. WTWI provides an independent power estimate of more than 90 percent of the wind farms in ERCOT, one of the nation's major electrical markets.
Onsemble's West Texas Wind Index is available to subscribers. It is the region's first, independent Index.
Onsemble's West Texas Wind Index, collects data from a 17-tower network of weather sensors, and is updated every 10 minutes.
Texas is currently the nation's largest source of wind energy. Onsemble's independent network of hub-height wind observations includes West Texas, as well as other ERCOT sites.
Wind energy is variable, and timely weather data are critical to sound market decisions.
Onsemble operates a national portfolio of hub-height meteorological sensors. The firm delivers real-time and archived wind-data products for energy traders, forecasters, system operators, utilities and wind farm operators. Based in Niwot, Colo., Onsemble is a TEAI company. More: www.onsemble.ws.