EnDimensions Proudly Sponsors APEx 2016, International Gathering of Energy Market Operators

apex_jc_rh_cf_dm_20161011

Medellin, Colombia, October 12, 2016

EnDimensions participated as an active sponsor of the annual convention of the Association of Power Exchanges (APEx), an international organization of energy market operators from around the world. Hosted by the Colombian market operator  XM Compañía de Expertos en Mercados S.A. E.S.P, the 2016 APEx Conference held in Medellin, Colombia provided an opportunity for senior representatives from power markets around the world to share experiences, discuss common issues and compare notes.

PJM CEO Andy Ott’s keynote address introduced a number of issues including integration of distributed and renewable energy resources and the impact of distribution-level microgrids that became common threads of discussion among many presenters and attendees.  These issues create challenges as ISOs and RTOs look to develop new market mechanisms to reduce carbon dioxide, foster reliability and encourage investment while managing an exponential increase in market complexity and data volume. More products, more market participants and tight real-time market intervals are inexorably increasing the amount of data that must be processed to keep the market running.  These factors have the potential to create a perfect storm that stresses operational and back office systems to their limits.

Markets outside of Europe and North America are confronted with many of the same issues, as a number of existing and prospective energy markets see double-digit near-term growth in energy demand.  Expanding economies and growing per-capita power utilization fuel the need and determination to innovate in response to the local and global demands of the 21st century. Many common themes apply but each market is also unique in some aspects.

Ivanova Ancheta, Director of Guatemala’s National Commission of Energy, spoke of the long, successful effort to meld six Central American power systems together to forge an international energy market. Sixteen years after signing a regional treaty framework, the Regional Energy Market began full operations in 2013. Cecilia Maya, CFO of Colombia’s XM, provided an overview of XM’s progress in managing credit risk to avoid cascading financial failures  during El Nino events, when sustained drought reduces hydroelectric output and can cause elevated power prices over long periods of time. During such events, the failure of one organization to pay its obligations can cause cascading failure as unpaid creditors also founder, resulting in a widespread crisis. The Colombian market has built-in mechanisms to limit the financial risk of each participant and a funding mechanism to mitigate the impact of high energy prices.

Both internationally and in the U.S., ISOs and RTOs are looking ahead to create vibrant markets that encourage investment in environmentally friendly technologies, enhance reliability and reduce emissions by leveraging distributed generation, demand response and microgrids. In so doing they look to also provide cost reduction and long term value to consumers. As part of that effort, ISOs and RTOs must evaluate whether their existing software and hardware infrastructure will be able to support growing and changing markets over the next five to ten years. EnDimensions LLC is working hand-in-hand with market operators to support this transition. With innovative products geared specifically for market operators, EnDimensions provides the next generation of large scale back-office management systems for post-processing, settlements, billing, reporting and analytics to reduce costs and keep our power markets humming for years to come.

Contact for journalists

Cindy Hays

650-286-4239

cindy.hays@endimensions.com

EnDimensions LLC IS SELECTED BY COLOMBIAN MARKET OPERATOR XM Compañía de Expertos en MercadosTO PROVIDE SETTLEMENTS, BILLING AND INVOICING SOLUTION FOR COLOMBIAN ENERGY MARKET

logoedlogo_logosubtext_blue_final

Press


San Mateo, CA, October 14, 2016

EnDimensions is supplying EnSuite®  Financials, Settlements, Billing and Invoicing  Modules to Colombia’s national energy market operator.XM Compañía de Expertos en Mercados S.A. E.S.P as part of XM’s long-term plan to update and expand their market operations infrastructure to respond to the rapid pace of change and growth in Colombia’s  markets. EnDimensions will partner with multinational energy giant Siemens AG to provide a tightly integrated package with Siemens’ Spectrum Power Energy Market Management (EMM) Platform. The EMM system will provide a web interface for market participants to register assets and long term contracts with the Colombian energy market, while the EnSuite solution will perform all settlements, billing, invoicing, reporting, financial analytics and risk monitoring functions.

XM, Compañía de Expertos en Mercados S.A. E.S.P. operates the National Interconnected System (SIN), the Colombian Wholesale Energy Market (MEM) as well as short-term International Electricity Transactions with Ecuador (TIE).  XM also provides grid operation and reliability services. No newcomer to deregulation, Colombia has an active and growing energy market that transacted over 66,549 GWh of energy in the year 2015, with a net effective installed generation capacity of 16,420 MW, according to XM’s 2015 annual report. Slightly more than 60% of Colombia’s energy is supplied by large hydroelectric resources, augmented by approximately 30% production from fossil fuels.

Dr. Cecilia Maya Ochoa, CFO and Market Operations Director at XM, said “After a thorough analysis of the different options the market offers for an EMMS, we found in the solution provided by the consortium Siemens – EnDimensions a robust and flexible system as is required today for an efficient and reliable management of power markets. We are positive that with the support of this solution we will be able to face the challenges ahead for market operation.”

EnDimensions CEO Dr. Jeff Chapman said “We are very pleased as a group to have shown excellent results through XM’s very rigorous vetting process, and we expect that XM and the Colombian energy market will be exemplars of robust infrastructure and sound market design to other markets across South America and the world,”

For further information about the EnSuite® family of products, please refer to http://www.endimensions.com.

Contact for journalists

Cindy Hays

650-286-4239

cindy.hays@endimensions.com

EnDimensions announces the launch of EnSuite Express, the streamlined, rapid-response solution for settlements in California ISO’s (EIM) Energy Imbalance Market, with full support for existing CAISO markets and participants!

EnDimensions, LLC today announced the release of EnSuite Express, a settlements product with the rugged heart of EnSuite Settlements (an industrial strength high performance ISO/RTO and market participants settlements system) in a package that is optimized to provide an energy settlements solution that is quick to deploy, easy to manage and simple to operate.
EnSuite Express customers can select the Energy Imbalance Market (EIM) module, or opt for the comprehensive CAISO package for coverage of all CAISO settlement charges. In all cases, EnSuite Express offers all the benefits of EnSuite Settlements:
• Fully automated data acquisition, loading, versioning and transformation. All market data, market awards, market prices and other market data are automatically downloaded and stored in the EnSuite database.
• Fully automated acquisition and storage of CAISO statements, invoices and billing determinant files.
• End-to-end auditability and SOX compliance.
• Data validation and shadow calculation of all charge codes.
• A full range of settlement and market reports, including accruals and invoicing.
• Ensuite’s signature performance advantage.
EnSuite Express is offered in two formats;
1. As a managed application, staged, hosted and maintained by EnDimensions. We take care of database setup and maintenance, ongoing “care and feeding”, and backup and recovery services. Get on line and operating in days, not weeks.
2. As a licensed application, staged and supported at customer facilities. For customers that prefer keeping the application in-house, we offer an application that minimizes maintenance and upkeep requirements, while providing the reliability and availability that our large EnSuite Settlements customers rely on.

Please contact EnDimensions, LLC at info@endimensions.com for more information or to schedule a demonstration!

Launch of CAISO’s Energy Imbalance Market Marks a Smooth transition for EnSuite and PG&E.

CAISO’s semiannual release schedule has seen two exceptionally busy schedules, with the spring release of the FERC 764 market revisions, and the fall release of CAISO’s new Energy Imbalance Market (EIM). Each release has brought major revisions to the structure of CAISO energy settlements, including the fifteen-minute market charges mandated by FERC 764 and a large group of new and modified charge codes with the inception of EIM. The release of the EIM market changes represents the second major market update that Northern California utility PG&E has managed since installing EnSuite Settlements.
In each case, EnSuite Settlements managed the change with aplomb. “EnSuite is designed from the ground up to manage this type of market change.” said EnDimensions CTO Elene Radinskaia, “In both the fall and spring releases, the changes to charge validation and shadow calculations were handled without compiling a single line of code. This allows for a clean and trouble-free transition for our customers, without disrupting system availability or the customer’s daily business process. In most cases, updates can be installed transparently to the user, and without shutting down the system.”
COO Ryan Heidari noted, “As we progress with our partners at PG&E, each market update cycle reinforces our confidence that the fundamentals of the EnSuite Settlements design are solid; Our aim with EnSuite is to provide a robust, full featured product suite that reduces long-term cost of ownership and supports our commitment to innovation and refinement that continually adds value to the product. Leveraging its modular design, we can now also offer an EnSuite product targeted toward EIM market participants who do not require the full scope of ISO settlements.”

Watch for our upcoming announcement about EnSuite Express!

The EIM will launch the most significant geographical expansion of the Western energy markets since the launch of CAISO back in ’97

The California ISO’s Energy Imbalance Market is Closer Than You Think!
With the CAISO FERC 764 market changes now in the rearview mirror, we can all draw a deep breath and look forward to the next big thing: the CAISO Energy Imbalance Market, aka the EIM. The EIM will launch the most significant geographical expansion of the Western energy markets since the launch of CAISO back in ’97.
Cal ISO looks to gain a more flexible portfolio of real time energy resources to augment the increasingly diverse, and increasingly renewable, resources within the state. External entities such as inaugural EIM participant PacifiCorp hope to gain added flexibility as well, including the ability to buy and sell energy in the real time energy markets and across area boundaries in a much more dynamic manner than in the past. The idea is that by increasing the overall fleet of available resources to (ideally) include much of the Western Interconnect, regional variations in load and generation will tend to cancel out across the area, keeping prices down and enhancing reliability. Many of the stakeholders will be watching this market launch very closely.
At EnDimensions, we have been tracking the evolution of the market structures and tariff provisions very closely. Having met the challenges of the FERC 764 changes with timely revisions to our EnSuite settlement and analytic products, we are now tooling up for a smooth transition to EIM! The EIM market will bring new requirements for scheduling and settlements, including new charges and changes to existing charges that our shadow settlement and analytics modules will respond to with aplomb. In addition, new EIM participants will find that the EnSuite Settlements products, together with expertise of our market experts, will provide for a clean and easy transition for those wishing to enter the market.

Modularity and Configurability Make for a Smooth FERC 764 Transition

As the driving force behind more than 40% of the energy transacted in the California ISO Markets, it was critical to PG&E to maintain the continuity and availability of their settlement and market analytic software through the transition to the FERC-Mandated Fifteen Minute market, or FMM. Fortunately, EnSuite by EnDimensions was built from the ground up with just such customers in mind.  EnSuite’s modular, configuration-driven design meant that the transition from 10-minute to 5-minute settlement intervals, the launch of six new charge codes and the revamp of CAISO’s market APIs was handled smoothly and without a major code redesign.

The transition was completed without a service outage and with minimal disruption to normal business processes. Shadow calculations for the new charge codes were implemented with an updated configuration pack, which implemented shadow calculations for the new charge codes and reconfigured the settlement interval from ten to five minutes.  APIs were updated similarly, with interfaces and data templates modified without a service interruption, while preserving backward compatibility for legacy data.

With the close of the FERC 764 upgrades, we now look forward to another smooth upgrade path in support of the Energy Imbalance Market (EIM), slated to launch in Fall of 2014. By planning and building for availability, flexibility and configurability, EnDimensions has created a product suite that handles 21st century energy markets in stride!

California ISO 2013 Stakeholder Symposium

CAISO Symposium

California ISO 2013 Stakeholder Symposium Starts Wednesday!

Seems like only yesterday we were closing out the CAISO 2012 Symposium, and looking ahead to a year filled with change.  We were not disappointed.  California launched its greenhouse gas cap-and-trade market this year, renewable energy resources continued their steady build-out, generators that provide frequency control were suddenly getting paid for “mileage” and we are up to our elbows in the FERC 764 market upgrades.  Not coincidentally, seeing a Tesla Model S on the road in the Bay Area became too common to mention, as Tesla was the best selling luxury car in the area,   And on that note, let’s look forward into 2014 and speculate on what may be generating the buzz at CAISO Symposium 2013.

FERC 764.

The FERC 764 Market changes are scheduled to commence market trials in February 2014, a major change that will add a 15 minute market sandwiched between the Day Ahead and Real Time markets currently in operation.  CAISO projects a number of benefits from this change, including enhanced ability to manage imports of renewable energy and better alignment of pricing from day ahead through real time at the interties.

Renewable Energy

Some 2000 MW of new renewable energy resources entered commercial operation in 2012, with close to 3000 MW predicted for 2013.  This will continue to put pressure on flexible generating units to provide critical reliability services into the future, but we at EnDimensions are somewhat chastened in that the amount of new renewable generation in California has exceeded our expectations by about 30%.  The FERC 764 changes will help significantly to support imports of renewable energy but for system reliability, the Next Big Thing is EIM.

Energy Imbalance Market (EIM)

If all goes as planned, CAISO will launch the new Energy Imbalance Market in the Fall of 2014.  The EIM is a real time energy market that will expand the regional scope of the CAISO real time market to allow regions that opt-in to participate in a real time energy market.  Currently the EIM is a two-party deal between CAISO and PacifiCorp, but we expect to see participation across the Western interconnect if the initial launch is successful.  This market should work together with FERC 764 to reduce or eliminate barriers to pooling energy and reserves across the West, potentially aiding in renewable energy integration and reducing costs for all players.  Of course these changes will keep market participants on their toes to accommodate updates in policy, functionality and settlements.

Then of course there are initiatives afoot to encourage more investment in storage, better utilization of DR resources and other interesting topics to follow.  Come by and visit our booth at the symposium for a bit of chocolate and conversation!  Of course we are proud of our EnSuite settlements and analytics packages, so don’t be surprised if we show those off a bit as well.  See you on Wednesday!