Triple Point Technology, the leading provider of multi-market commodity and enterprise risk management software solutions, announced today that Tennessee Valley Authority (TVA) has selected Commodity XL to provide an integrated platform and advanced analytics to manage fuel and power price volatility for its energy business.
Established in 1933 by President Franklin Roosevelt to lift the nation out of the Great Depression, TVA reported 2008 operating revenues of $10.4 billion. The energy giant provides power to large industries and 158 power distributors that serve approximately 9 million consumers in seven southeastern states including most of Tennessee and parts of Mississippi, Kentucky, Alabama, Georgia, North Carolina and Virginia.
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