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London Conference 29th & 30th May - The CTRM Technical Conference Series is at the Cumberland hotel, London for a two day conference based around important technical issues in the commodity trading and risk management business function including; CTRM Software, Risk Management Software, ...
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Paragon Consulting Corporation is a leading provider of Credit Risk Management Software to participants in the competitive energy markets throughout North America. Its flagship product Vanguard allows credit risk professionals to employ up to the minute decision making while utilizing integral counterparty, ...
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LIM, a Morningstar Company, provides superior quality market data and analytical products for energy data management systems, financial and agricultural data management, historical analysis, trading, risk management and forecasting. Founded in 1988, and now a subsidiary of the investment research powerhouse, Morningstar, ...
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CommodityPoint was created to help to bring focus and clarity to the broad array of issues surrounding the wholesale trading of commodities. Our team provides expert analysis of market trends and, in particular, the technologies and applications supporting those that participate in regional ...
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It Could Only Happen Here!

Posted by Gary M. Vasey On August - 16 - 2010

On Friday morning last week, the city of Brno experienced a 40 minute power outage. Living without electric power is always a bit of a shock and this event proved yet again how dependent we are. All the computers died of course but the electric security doors would no longer work making it difficult to actually enter the office her. I had expected this event to make the news…. I was wrong. In fact, I am still trying to get an explanation. All I do know is that it was apparently E.On that experienced the problem.

There was an article on the website of the local paper about the outage but it essentially said that no explanation had been forthcoming and the incident was under investigation by E.On.

Everyone seemed to take the outage in their stride. People milled around in small groups enjoying the weather. It was quite surreal. No one seemed upset nor did anyone appear to even be bothered to find out what happened. This is the Czech Republic after all but its the first power cut I have experienced in four years. It is a young society from a consumer point of view and despite EU mandates, it is still impossible to chose your power provider here. I guess Czechs simply don’t complain….

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CommodityPoint was created to help to bring focus and clarity to the broad array of issues surrounding the wholesale trading of commodities. Our team provides expert analysis of market trends and, in particular, the technologies and applications supporting those that participate in regional or global commodity markets.

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