Minneapolis, MN (PRWEB) September 17, 2012
Sacramento, CA — OATI showcased the webDistribute suite of applications for management of DR and DER at the California Independent System Operator (CAISO), a two-day technology symposium September 05 – 06, 2012. It discussed the challenges facing the power grid in California and in the West (WECC), as well as showcased technology innovation to the broad spectrum of more than 500 attendees. This includes electric and thermal storage, as well as distributed solar generation. The OATI webDistribute solution offers a unique combination of capabilities specifically designed to address the needs of utilities and other market participants for seamless integration of retail and demand-side resources with bulk power and energy market operations. It includes such capabilities as DR and DER resource modeling and forecasting, management of DR/DER programs and contracts, aggregation of demand-side capabilities into wholesale energy, ancillary service and ramping products, distribution grid reliability and congestion management, scheduling and dispatch, measurement, verification, and settlements.
Demand-side and distributed resources will play a significant role in the future of power system and market operation with high economic and reliability benefits. OATI webDistribute enables utilities and market participants to capture these values, and by sharing them with providers of DR/DER resources, expand its capacity and flexibility.
The California 33% Renewable Portfolio Standard (RPS) target by 2020, combined with Greenhouse Gas (GHG) restrictions, may result in retirement of some aging Once-Through-Cooled generation in the state. This creates a necessity for additional significant flexible resources to meet the increased ramping and balancing energy needs of the state’s power grid. Among the available options, Energy Efficiency (EE), broad-based integration of DR, energy storage, and other distributed resources closer to loads were discussed.
OATI provides innovative software solutions that simplify, streamline, and empower the operational tasks required in today’s energy commerce and Smart Grid. With 1,200 customers across North America, OATI successfully deploys large, complicated, and diverse mission-critical applications committed to industry standards and stringent NERC CIP guidelines. OATI is the leading provider of Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, and Market Management products and services, with headquarters in Minneapolis, Minnesota and an office in Redwood City, California. For more information, please contact sales(at)oati(dot)net.
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