MINNEAPOLIS, Feb. 3, 2021 /PRNewswire-PRWeb/ -- OATI is proud to announce the successful go-live of the webEIS solution for Basin Electric Power Cooperative and Western Area Power Administration-Rocky Mountain Region (WAPA-RMR). The two utilities selected OATI as their solution provider for participating in the Southwest Power Pool (SPP) Western Energy Imbalance Service Market (WEIS).
The SPP WEIS Market launched at the start of February 2021, where Basin Electric and WAPA-RMR were joined by other utilities. Generation and load are balanced regionally and in real-time for participants of the market, leading to reduced wholesale electricity costs.
OATI webEIS is a comprehensive WEIS solution, providing functionality to ease integration into the WEIS. Utilities can takes advantage of a range of features, such as market interactions, process automation, reporting and settlement capabilities, to fulfill the necessary requirements of WEIS participation.
"We are excited to venture into a new territory with the WEIS Market," said Sasan Mohktari, President and CEO of OATI. "With our past experience in working with EIM solutions, we think we can greatly benefit our customers as they move into this market."
About OATI
OATI provides innovative solutions that simplify, streamline, and empower the operational tasks required in today's energy commerce and Smart Grid. Serving more than 2,200 customers, OATI successfully deploys and hosts diverse mission-critical solutions committed to industry standards and stringent security guidelines.
OATI (http://www.oati.com) is a leading provider of Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, Distribution, and Market Management products and services. OATI is headquartered in Minneapolis, Minnesota. For more information, please contact [email protected].
Media Contact
Jerry Dempsey, OATI, 763.201.2000, [email protected]
SOURCE OATI
Share this article