Adapt2 Solutions, a leading provider of AI-enabled multi-market operations, energy trading, and power settlement software,announced the successful go-live with Xcel Energy. The partnership enables complete market participation and functionality for automated ISO market operations, granular reporting, and outage management. As one of the country’s largest energy organizations, Xcel continues to expand into new markets and recognized the need for forward-thinking technology to enable and streamline complete bid-to-bill operations in the SPP Western Energy Imbalance Market (WEIS).
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“By closely collaborating with the multiple business units within the Xcel Energy team and providing our subject matter expertise for the SPP WEIS market, we were able to move this project along quickly to ensure Xcel Energy received market operation functionality in a timely manner,” said Adapt2 Solutions Vice President, Kevin Dunlap. “This is one part of a larger project we are undergoing with Xcel, and we look forward to meeting upcoming milestones and helping them perform at peak levels not only in SPP WEIS but in other North American Energy Markets.”
Through use of the Adapt2 system, Xcel Energy will have one consistent user experience for all business units from generation, to utility, to retail, as they enter and expand into the western markets in the United States. With automated bids and offers along with the industry’s leading settlements reporting, Xcel will be positioned to efficiently and accurately participate in SPP WEIS. utilizing Adapt2’s new offer calculator engine which provide open technology to create and automate complex calculations using one of the most flexible and pervasive development languages.
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“We are excited to support yet another leading power provider with a new market entry,” said Adapt2 Solutions Executive Vice President, Jason Kram. “By continually monitoring existing and new markets along with Adapt2’s scalability through our cloud-native architecture will continue to evolve with market operational needs of our customers and help Xcel Energy expand their footprint.”
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