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Many states have adopted Renewable Portfolio Standards (RPS), setting targets to ensure that a growing percentage of loads are served with electricity produced from renewable sources. Operating, scheduling, tracking, reporting and management of renewable portfolios and Renewable Energy Credits (REC) now require new tools and software capabilities.
Also, regional requirements for reduction, tracking and reporting of greenhouse gases, combined with the emerging cap-and-trade opportunities demand new software capabilities.
The OATI webSmartEnergy suite of products provides the platform and a modular set of application functions for:
- Wind and Solar Generation Forecasting
- Management of Renewable and Distributed Energy Assets
- Management and Trading of Renewable Energy Credits and Emission Allowances
- Scheduling of Distributed and Intermittent Resources into energy markets
- Tracking and Reporting Compliance with Regional Renewable Portfolio Standards (RPS)
- Tracking and Reporting of Greenhouse Gas (GHG) emissions according to regional regulations
- Support for Cap-and-Trade