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Oxford Data Management
13 October 2010

HOUSEHOLDS TO ENTER ENERGY COMPETITION WITHOUT TEMPTATION TO INCREASE DEMAND

For release on 19th October 2010

Oxford Data Management is launching their newbusiness model, At the Innovation Zoneof the European Future Energy Forum, London (Excel, 19th - 21st October 2010).  The model is designed to introducemeaningful savings to households through competition, whilst ensuring reducedprices do not tempt consumers to increase demand.

DrA Kashti, director at Oxford Data Management says:

“Householdshave so far not enjoyed the fruit of competition in the energy sector as muchas the business sector did.  OxfordData Management is the first to present a complete solution that the market needs rightnow.”

Thesolution comprising of smart metering installation and customer aggregationtechnique, provides households with meaningful savings of up to 40%, whilstmarking benchmark demand to ensure lower prices do not tempt higher demand.


NOTESTO EDITOR

A.        Since deregulation in the 1990s largecommercial users managed to reduce energy unit tariff by up to 50% in realterms. Households are excluded from the market for 3 reasons:

1.      Most Households’ energymeters cannot send half-hourly readings enabling them to participate in themarket.

2.      Households lack theaccreditation, technique and experience to trade in energy markets.

3.      Each household demand istoo small and cannot affect prices.

B.                Existing smart-meterpilots conducted by Ofgem are designed primarily to reduce costs to suppliers,and are not aimed principally at consumers.

C.                Dr. Amatsia Kashti is ofIsraeli origin with background in energy technology and demand modelling. 

D.                Oxford Data ManagementLtd

ContactDr. Amatsia Kashti

Telephone        01235 520 382

Mobile              07752447 602

Fax                   01235523 266

[email protected]

www.odm.co.uk