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Anaheim Thrives in CAISO MRTU with Integrated Solution from SoftSmiths

Houston, TX. – May 12, 2009 – SoftSmiths, Inc., a leading energy software solutions and services company, today announced that Anaheim Public Utilities successfully completed the first month of participation in the California ISO MRTU supported by the functionally rich, fully integrated and modular product suite of SoftSmiths’ CAISO Market Participant solution.

“With MRTU now reality, we experience every day how critical it is to have an integrated system, “ said Graham Bowen, Principal Integrated Resources Planner at Anaheim Public Utilities. “It requires the automation and integrated functionality that SoftSmiths’ systems deliver to support this highly dynamic MRTU environment and enable Real-Time decision making to exploit opportunities and create value through optimization of assets between the Integrated Forward Market and Real Time Market.”

The seamlessly integrated SoftSmiths Power and SoftSmiths Market-CAISO solution provides CAISO market participants, such as Anaheim, proven front-to-back energy transaction management functionality, including Load Forecasting, Resource & Portfolio Management, Real-time and Term Trading, Scheduling, NERC Electronic Tagging, Financial Settlement, Invoicing, Payment Tracking and Reporting.

The integration between SoftSmiths Market-CAISO and SoftSmiths Power:

  • Allows Anaheim traders to work in a deal capture system, with support for long-term and short-term deals, multiple trades with any counterparty, trades both inside and outside CAISO. 

  • Provides Anaheim overall position in daily load obligations, resources, and trades

  • Download trades done on the Intercontinental Exchange (ICE)

  • Determines what trades and schedules need to be submitted to CAISO, automatically structuring the information in the form needed by CAISO.  For example, it will aggregate all of the buy or sale deals with a counterparty at a location to send a single MW profile to CAISO.

  • Allows the entry of self-schedules, bids, and offers into SoftSmiths Power on a resource-specific basis, where they can be checked not to exceed capacity, and then automatically aggregate them into tiered pricing structures for submission to CAISO.

  • Enables Power Schedules to be automatically tagged including CAISO specific miscellaneous info values. Adjusting the schedules will automatically send the tag adjustment request, and schedules adjusted after the close of the Day-Ahead market will automatically be included in the submission to the Real-Time market.

  • Allows Day-Ahead and Real-Time market results to automatically update resources and self-schedules in the SoftSmiths Power system.

  • Processes ADS award instructions and enables Real-Time schedulers to enter and submit their acknowledgements.

  • Seamlessly integrates with ACS Atlanta EMS/SCADA system for meter data values

  • Interfaces with AMS Financial system by sending invoice data and receiving payment data thereby automatically updating credit exposure and trading limits.

SoftSmiths Power/SoftSmiths Market provides multi-participant functionality to support Anaheim’s duties as Scheduling Coordinator for other participants.

About SoftSmiths

SoftSmiths, Inc. delivers critical electronic energy trading and operations solutions and services that enable energy industry participants to enhance profitability and reliability in the competitive marketplace. SoftSmiths' proven solutions and in-depth knowledge of the industry's business practices allow its customers to automate manual processes, eliminate redundancies, and increase business visibility across the enterprise to allow faster decision making and more informed decisions, thereby improving profitability, operational efficiencies and cash flow. The company has been successfully delivering e-business solutions to energy service companies since 1997.

SoftSmiths is a registered trademark of SoftSmiths, Inc. All other products are trademarks or registered trademarks of their respective companies.

Contact Information:

SoftSmiths Inc.
Hugo Stappers
Phone:    713.626.9184
Fax:          713.626.0186
Email:      mkt@softsmiths.com
Website:  www.softsmiths.com

 



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