Enuit looking to NAM power markets for additional growth

I recently caught up with Seenu Kaliamurthy, Enuit’s Managing Director of Power Solutions to discuss the company’s efforts in the US power markets. Perhaps most interesting, Enuit will release Deka Watt, a new product, in Q1/Q2-2024 that will focus on managing FTRs (also known as CRRs/TCCs) trading in all North American power markets.  Experience has shown that tracking/managing FTR’s is problematic for most ETRM products and given that market is one of the most actively traded power products by a large number of trading shops (not just power producers), there clearly is a demand for such a solution. The new product will be fully cloud-based and will leverage big data technologies to capture and parse the massive amounts of ISO/RTO data that are pertinent to the calculation of FTR/CRR values.  Interestingly, in addition to being fully integrated with their flagship ETRM Entrade, Enuit will also offer the cloud-based solution as a standalone product which can be integrated with all ETRM solutions. Being cloud-native, the solution will take advantage of the processing scalability of the cloud to pre-calculate the ISO/RTO data to improve efficiency and provide the ability to process and report tens of thousands of awards for any customer of… continue reading

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