Minneapolis, MN (PRWEB) February 21, 2013
Open Access Technology International, Inc. (OATI) will to bring its expertise to End-to End Transactive Energy framework sessions at the IEEE Innovative Smart Grid Technologies Conference in Washington, D.C. These sessions will detail end-to-end interactions for reliable, efficient, and environmentally-friendly supply and utilization of electric energy. Electric consumers, producers and providers will obtain valuable information pertaining to principles, techniques, and the latest technologies for active participation in the energy markets.
Sessions will be based on forward and spot transactions for the supply, transport and/or consumption of electricity between consumers, producers, aggregators, energy service providers, and system and market operators. OATI will also discuss how transaction quantities and/or prices may be fixed through bilateral arrangements, bid/ask matching, or a market clearing process at retail and wholesale levels.
The first panel coordinated by OATI, “Transactive Energy Techniques for End-to-End Power System Operation,” is February 25, 2013. This session gives a high-level introduction to the transactive energy framework. Panelists will also discuss the drivers for extension of transactive techniques to retail markets and distribution operations and a roadmap for end-to-end implementation of transactive energy techniques.
The second OATI-led session, “End-to-End Price Signals from Gas to Bulk Power and Retail Electricity Markets,” is February 27, 2013. Panelists will address the impact of gas and electricity market price dynamics on the California electricity market meltdown, analytical framework for transactive control with a look at gas market dynamics and a National Institute of Standards and Technology (NIST) smart grid roadmap and its relationship with electricity and gas markets.
“OATI is excited to coordinate and chair paneled discussions at the IEEE Innovative Smart Grid Technologies Conference,” said Sasan Mokhtari, OATI President & CEO. “The future of the energy industry has arrived and OATI is proud to be leading the charge in the next generation of Smart Grid technologies.”
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.