US wholesale energy firm Guzman Energy has selected OATI to improve its energy services and core business.
The energy company is adopting OATI’s commodity trading and risk management system to mitigate risk and effectively manage all aspects of energy trading and shadow settlements.
This means the energy firm will be able to optimise the manner in which it assesses and calculates market charges in the California Independent System Operator’s energy market.
Guzman Energy will make use of the firm’s web-based regional energy transmission and shadow settlement and energy trading risk management system to improve physical power scheduling.
The deal will help Guzman Energy to evaluate company exposure, minimise errors, and estimate mark-to-market and profit and loss in real-time.