May 27, 2017 10:34 AM ET

Software

Company Overview of Open Access Technology International, Inc.

Company Overview

Open Access Technology International, Inc. provides smart grid, energy trading and risk management, transmission scheduling, congestion management, and market management products and services in North America. Its transmission and reliability management solutions include transaction scheduling, outage management, energy accounting, transmission billing, dynamic interchange, OASIS and OASIS management, OASIS automation, transmission capacity calculation, congestion management, market systems, and gas pipeline management, as well as OATI webEIM that gives balancing authorities and generation owners with data entry, management, and monitoring tools. The company’s trading and risk management sol...

3660 Technology Drive NE

Minneapolis, MN 55418

United States

Founded in 1995

Phone:

763-201-2000

Fax:

763-553-2813

Key Executives for Open Access Technology International, Inc.

Chief Executive Officer and President
Head of San Mateo - California
Executive Vice President
Vice President of Market Design & Consulting
Director of Emerging Technologies
Compensation as of Fiscal Year 2016.

Open Access Technology International, Inc. Key Developments

Idaho Power Company Selects OATI's CAISO EIM Solution

Idaho Power Company has selected the OATI's CAISO EIM solution to facilitate its entry into the California ISO (CAISO) Energy Imbalance Market (EIM). Idaho Power is scheduled to launch the full-scale webEIM solution in early 2018. OATI webEIM is a comprehensive CAISO EIM solution that incorporates all critical functionalities for entities looking to join an EIM, including data interfaces, process automation, bidding optimization, and reporting needed to thrive in the EIM. It provides a streamlined approach for end-to-end interactions of both EIM Entities and Participating Resources. OATI webEIM is a reliable and market-tested solution. In 2016, Nevada Energy reaped huge benefits by employing webEIM for their entry into the CAISO EIM. Portland General Electric (PGE) is expected to see similar benefits later this year in their upcoming go-live. The system has increased potential market revenue, provided a method of monitoring charges, and ensured the level of accuracy and efficiency in negotiating the EIM market.

Open Access Technology International, Inc. Announces New WebDistribute System in Production for Great River Energy

Open Access Technology International, Inc. or OATI, has announced that its new webDistribute system is in production for Great River Energy. Over the next couple of months, Great River Energy will be transitioning to use the OATI webDistribute system for initiating load control management for their 28 member co-ops.OATI webDistribute will allow Great River Energy to forecast increasingly accurate demand response (DR) capabilities for various demand side assets in harmony with their member co-ops including; water heaters, pumps, space heaters, energy thermal storage devices, electric vehicle chargers, and Distributed Energy Resources (DERs) for customer owned generators. With webDistribute, Great River Energy can manually create and schedule events, or events can be triggered automatically based on time-of-day or system conditions. OATI webDistribute then provides after-the-fact performance reporting for the overall system or each member co-op, based on metering data. The new OATI webSmartEnergy DERMS solution incorporates OATI webDistribute functionality that allows utilities to monitor, control, schedule, and manage DR and Distributed Energy Resources, and with webDistribute in production, expands the use of DERMS functionality to more than 70 entities. The solution offers tools and advanced functionality to integrate demand-side capabilities into distribution, transmission, and market operations for improved supply economics and enhanced reliability.OATI has previously supplied Great River Energy with OATI webCompliance, which helps the utility proactively improve overall efficiency and reliability.

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Recent Private Companies Transactions

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