Seattle City Light has selected OATI to ensure full participation in the western Energy Imbalance Market.
The software will help the utility with detailed reporting, data interfaces, automation of processes, and optimisation to ensure accuracy, efficiency, and cost savings in trading energy in the wholesale energy market.
The utility is set to implement OATI’s Energy Market Management software webEIM for both the EIM Entity Scheduling Coordinator (EESC) and the Participating Resource Scheduling Coordinator (PRSC).
The decision is pending the City Council’s final approval in 2019, to go live with the complete OATI webEIM solution in April 2020.
In addition, the city has selected the full OATI Energy Trading and Risk Management (ETRM) solution suite comprising webSettlement and webSmartBid products.
The solutions use smart data analytics to eliminate redundant operations and maximize business objectives.
Seattle City Light’s director of power management, Joy Liechty, said: “OATI’s competency in providing innovative solutions will enable Seattle City Light’s successful entrance and participation in the EIM market, benefiting our customers and strengthening City Light’s position as the nation’s greenest utility.”