OATI Automates Wind and Solar Generation Scheduling Process
Open Access Technology International, Inc. (OATI) is pleased to announce the successful deployment of the OATI webSmartEnergy - Variable Generation Scheduling, a software tool that automates scheduling of the power produced by wind and solar farms into the electric grid and wholesale markets.
Minneapolis (Vocus/PRWEB ) June 3, 2009 -- Open Access Technology International, Inc. (OATI) is pleased to announce the successful deployment of the OATI webSmartEnergy - Variable Generation Scheduling, a software tool that automates scheduling of the power produced by wind and solar farms into the electric grid and wholesale markets. Considering the variable nature of wind and solar generation, the automation capability assists the plant operators to avoid any scheduling penalties and to maximize revenues from energy production and renewable energy credits.
The tool automates the entire scheduling process including communication and submission of bids and offers to energy and ancillary services markets, OASIS transmission reservation, NERC Tagging, and Ramp Reservation based on the latest forecast of the variable generator output. The tool utilizes user configurable rules to assess the energy market conditions, including energy and ancillary service prices, and identifies the most profitable scheduling options. The update of scheduling process is done automatically and the tool can be set to perform the tasks on a daily, hourly or inter-hourly basis. Combined with OATI Risk Management and Settlement products, the OATI webSmartEnergy - Variable Generation Scheduling provides a complete front-to-back office solution streamlining the integrations of variable generation resources into energy markets and grid operations.
The Variable Generation Scheduling tool is a component of OATI's webSmartEnergy product line for Smart Grid that also includes components for management of Distributed Energy Resources (DER) and Demand Response (DR), as well as tracking and reporting of Renewable Portfolio Standards (RPS) and Greenhouse Gas (GHG).
OATI (www.oati.com) provides state-of-the-art Energy Transaction and Risk Management, Transmission Scheduling, Congestion Management, Compliance, Smart Grid and Settlement Systems for the energy industry. OATI webTrader, webTrans, webSmartEnergy, webCompliance, and webTag product lines provide the tools for generation, trading, and transmission companies for seamless participation across energy markets. OATI serves in excess of 700 client companies in the energy industry in North America.
For additional information regarding this news release, please contact sales @ oati.net.
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