Alstom Grid has signed contracts with Southwest Power Pool, Inc. (SPP) to deliver energy market software solutions for SPP’s new Integrated Marketplace – scheduled to go-live by March 2014. SPP is a Regional Transmission Organization (RTO) that operates the power grid in nine states in the U.S.
Alstom Grid’s Network Management Solutions team in Redmond, Washington, will provide the e-terramarket suite of applications to launch SPP’s new Integrated Marketplace. Alstom Grid’s e-terramarket operates 70% of the U.S. Regional Transmission Organizations’ (RTOs) installed generation capacity.
e-terramarket will allow SPP to:
- Optimize the overall market energy cost
- Enable energy reserve sharing within their territory, and
- Better manage the uncertainty related to increased integration of wind energy and other renewable sources into the grid.
Alstom Grid also will deliver its latest e-terrasettlements software enabling SPP to perform the complex and massive financial calculations required by the new Integrated Marketplace in shorter timeframes and with minimal resources.