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Joint Initiative Update OATI has been chosen as the preferred vendor to develop an online bulletin board and trading platform. It will allow counterparties.

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Presentation on theme: "Joint Initiative Update OATI has been chosen as the preferred vendor to develop an online bulletin board and trading platform. It will allow counterparties."— Presentation transcript:

1 Joint Initiative Update OATI has been chosen as the preferred vendor to develop an online bulletin board and trading platform. It will allow counterparties to trade power within the hour (subject to the counterparties and transmission providers scheduling constraints) and for longer terms. OATI has been chosen as the preferred vendor to develop an online bulletin board and trading platform. It will allow counterparties to trade power within the hour (subject to the counterparties and transmission providers scheduling constraints) and for longer terms. Provides automated OASIS querying and automated tag population. Provides automated OASIS querying and automated tag population. Low cost Low cost

2 Joint Initiative Update –Two efforts underway OATI building out the Dynamic Scheduling System OATI building out the Dynamic Scheduling System Anybody can join (same fees as initial participants) Anybody can join (same fees as initial participants) –Within hour trading post/bulletin board Manually post bids and offers which can be viewed by other participants. Manually post bids and offers which can be viewed by other participants. Find postings that match their requirements, execute and confirm trades. Find postings that match their requirements, execute and confirm trades. Locate low cost transmission paths with adequate capacity, purchase transmission rights, and create e-Tags. Locate low cost transmission paths with adequate capacity, purchase transmission rights, and create e-Tags. OATI is preferred vendor, finalizing contract OATI is preferred vendor, finalizing contract Special offer if sign by April 30 Special offer if sign by April 30

3 Joint Initiative Update –16 interested parties so far… –OATI to hold demo after April 14 WECC meeting in SLC –For info: Bob Winn at OATI Bob Winn at OATI –sales@oati.net sales@oati.net –(763) 201-2000 Kristi Wallis (206) 726-1699 Kristi Wallis (206) 726-1699 Jeff Atkinson (509) 750-1972 Jeff Atkinson (509) 750-1972

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