Spying on the World's Largest Power Utility
Christian Kunze pays French farmers to install camouflaged, shoebox-sized ``power stalkers'' in fields near nuclear stations owned by Electricite de France SA, collecting data the world's biggest utility says is a secret.
His company, Powermonitor, plans to sell information about reactor starts and stops in France less than three years after Kunze fended off spying charges from EDF's German affiliate. Banks, hedge funds and traders will pay for such data to gain an edge in continental Europe's $565 billion power market.
His company, Powermonitor, plans to sell information about reactor starts and stops in France less than three years after Kunze fended off spying charges from EDF's German affiliate. Banks, hedge funds and traders will pay for such data to gain an edge in continental Europe's $565 billion power market.
Posted 41 days ago
Jim Cowie
Responses to this thread:
Jim Cowie:
From the article: The value of individual power plant data across the EU ``could easily run into billions of euros every year,'' for consumers, said Citigroup's Dawson, who couldn't provide a more specific estimate.Dawson based his calculation on the benefits to consumers of having real-time data on natural gas deliveries to the U.K., which has been estimated at hundreds of millions of pounds a year. The value of timely power plant information would be much more, he said.
Jim Cowie:
I love the idea that billions of euros' worth of information is floating in the breeze over Europe, waiting to be collected and fed to the markets.
Jim Cowie:
Bloomberg does a better job than anyone at filtering and presenting this kind of news. I hope the recent shakeups in their news organization don't change that.
David S.:
donkeykonguk:
todd:
