OATI Enables Wind Producer to Automate Trading and Scheduling
Inc. (OATI) is pleased to announce the successful implementation of the OATI
Trade Optimizer(SM), a solution that enables wind producers to optimize
trading and scheduling into the North American energy Markets. A recent
implementation of the Trade Optimizer has enabled a major North American wind
energy producer to automate the scheduling of their wind resources into the
electric grid. This revolutionary product also allows automation of any
dynamic resource such as wind, gas, solar power, and more. The Trade
Optimizer can be configured for a completely automatic solution, without the
need for human intervention.
The Trade Optimizer allows the user to predefine calculations that use
dynamic market information to allow the system to calculate the optimal
schedule for the energy resource. Utilizing this market information, the
solution imports the forecasted generation schedule from the wind resource,
and then automatically schedules the energy into the highest return market.
The process is done automatically and can be set to perform the process on a
daily, hourly or even inter-hourly basis.
The Trade Optimizer was successfully deployed in conjunction with OATI’s
SmartGrid activities in support of the growing activities within the green
OATI (http://www.oati.com) provides state-of-the-art Energy Transaction
and Risk Management, Transmission Scheduling, Congestion Management;
compliance, SmartGrid 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 650
client companies in the energy industry in
For additional information regarding this news release, please contact
SOURCE Open Access Technology International, Inc.