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Barclays Capital boosts power market analysis

The bank says that it plans to integrate Powerlytix tools into its existing global commodities business. Powerlytix has been providing wholesale energy forecasts, market commentary and data aggregation services to customers in North America since 2001. It offers daily aggregation, modelling and simulation services using electricity and natural gas data, developing information based views on market relationships and behaviours.

The bank says that such an acquisition will enable the bank to

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