Idaho Power Company to Deploy OATI’s CAISO EIM Solution
Mar 15, 2017
Open Access Technology International, Inc. (OATI) has been selected by Idaho Power Company to provide its comprehensive webEIM solution to facilitate their entry into the California ISO (CAISO) Energy Imbalance Market (EIM).
Minneapolis, MN: March 15, 2017 – OATI is pleased to announce that Idaho Power has selected the OATI CAISO EIM solution to facilitate their entry into the CAISO EIM. Idaho Power is scheduled to launch the full-scale webEIM solution in early 2018.
OATI webEIM is a comprehensive CAISO EIM solution that incorporates all critical functionalities for entities looking to join an EIM, including data interfaces, process automation, bidding optimization, and reporting needed to thrive in the EIM. It provides a streamlined approach for end-to-end interactions of both EIM Entities and Participating Resources.
OATI webEIM is a reliable and market-tested solution. In 2016, Nevada Energy reaped huge benefits by employing webEIM for their entry into the CAISO EIM. Portland General Electric (PGE) is expected to see similar benefits later this year in their upcoming go-live. The system has increased potential market revenue, provided a method of monitoring charges, and ensured the highest level of accuracy and efficiency in negotiating the EIM market.
“OATI is excited to help Idaho Power integrate and participate in the CAISO EIM,” said Sasan Mokhtari, OATI President and CEO. “Our solution is a top-notch, market-tested tool for any entity considering a part in the EIM.”
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 email@example.com.