Feeds

AOL, IBM team up to sell electricity and gas

So is this AOL's broadband partner of choice?

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

AOL and IBM are jumping into the deregulated US utility market. The pair are both allies in what they've called - with more than a nod to Prince - The New Power Company, created today with Enron, an energy wholesaler and broadband comms provider based in Houston Texas.

Enron is building a national fibre optic network stateside based on IP, EIN (Enron Intelligent Network) and has inked a deal with Sun to provide infrastructure suitable for serving up broadband ASP services. It has spent much of this year talking up what it describes in its SEC filings as "the marketing and management of bandwidth" Bandwidth trading, in other words, using the same techniques it uses for gas or electricity to create say peak/off peak pricing for ISPs.

The company also sees a business in "the delivery of high-bandwidth media rich content such as video streaming, high capacity data transport and video conferencing" although revenues for this are so far negligible. And among the four senior Enron VPs joining the NPC is its erstwhile Veep of Risk Management.

We can't be sure if AOL is an investor - although there's a pretty strong hint in the launch statement - but the NPC has said it will promote the service to AOL customers and AOL will also offer billing services, with IBM the exclusive back-office billing provider.

It's too early to tell whether Enron can tame the nascent trading market by bringing AOL onside - it's the largest ISP and as such, one of its biggest customers. But the benefits for AOL, assuming further vertical bandwidth alliances can escape regulatory censure, are obvious enough.

Enron has a short, but intriguing history in the UK.

The company is entering the retail energy business too and owns Wessex Water and what used to be ICI's Wilton gas plant on Teesside. It also bought space at New Labour fund-raising jamborees. In 1997 Amnesty International censured the company for beating women protesters at a joint venture between Bechtel, Enron and GE in India's Maharashtra state. ®

Register Fact No. 857

ICI's Teesside headquarters are known locally as the Wilton Hilton, and Teessiders known colloquially as smog-monsters. If you've been there, you'll know why. Prominent smog-monsters include comedians Vic Reeves, Bob Mortimer, Roy "Chubby" Brown and Brian Clough; Oracle's Mark Jarvis, and our own Annie Kermath.

Link

The New Power Company

Secure remote control for conventional and virtual desktops

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.