Press/Announcements

OATI Announces Successful Go-Live of NV Energy on CAISO EIM Solution

OATI successfully deploys its complete B2B integrated solution for bidding into the EIM market.
 
Minneapolis, MN: December 04, 2015 – OATI is pleased to announce the success of its NV Energy Go-Live on its California EIM Solution. the OATI Energy Imbalance Market solution. webEIM has proven to increase potential market revenue, monitor charges, and ensure the highest level of accuracy and efficiency in dealing with the EIM market. The NV Go-Live on December 01, 2015 reported zero issues and serves as a testament of OATI commitment to customer satisfaction and product quality which featured over a year of effort by dedicated OATI staff. All systems are running effectively with a full team supporting online activity on site at NV Energy as well as at the OATI Minneapolis Data Center, where the solution is hosted in the OATI Cloud.
 
This CAISO EIM system completely integrates NV electronic tagging, scheduling, OASIS, and Energy Accounting systems to eliminate manual edits and submission of data to the CAISO EIM. The system provides a complete and sophisticated settlement for all charges for both the EIM entity as well as the EIM scheduling coordinator. Additionally, this includes invoicing for EIM charges to be collected from the Load Serving entities in the NVE territory. OATI and NV Energy teams worked cooperatively to make the solution operate at the highest level of satisfaction and efficiency. webEIM offers unparalleled end-to-end support to allow NV Energy to fully leverage all facets of their new market operations to control their activities.

“OATI is proud to successfully provide a complete and easily-accessible system for NV Energy to fully participate in the California EIM Market,” said Sasan Mokhtari, PhD., President and CEO of OATI. “OATI remains committed to the success of NVE and the CAISO EIM Market, and stands ready to support the California EIM market in new developments and enhancements.”
 
About OATI
OATI provides innovative software solutions that simplify, streamline, and empower the operational tasks required in today’s energy commerce and Smart Grid. With more than 1,800 customers in North America, OATI successfully deploys large, complicated, and diverse mission-critical applications committed to industry standards and stringent NERC CIP guidelines.
 
OATI (www.oati.com) is a leading provider of Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, and Market Management products and services. OATI is headquartered in Minneapolis, Minnesota, with an office in Redwood City, California. For more information, please contact sales@oati.net.