Lafayette, Calif., September 20, 2010 – Utility Integration Solutions, Inc. (UISOL), commissioned its DRBizNet DRMS software to serve as the technology platform for the Midwest Independent System Operator’s system-wide demand response program.
The DRBizNet software was configured for Indiana-based Midwest ISO to simplify and streamline interaction between market operators and wholesale market participants with an emphasis towards Aggregation of Retail Customers (ARC).
The software provides functionalities for creating locations, enrolling them into various markets, orchestrating DR events, collecting meter data, calculating baselines, and producing accurate settlements. The meter data is used in calculating market participants’ compensation for their participation in the demand response activities.
Midwest ISO’s service territory includes all or parts of thirteen U.S. states stretching from Ohio to Montana, as well as Canadian province Manitoba.
Midwest ISO is responsible for ensuring the reliable transmission of 100,000 MW of energy throughout its regions and serves as one of the world’s largest energy markets.
“The Midwest ISO team is focused on reducing the barriers to entry that DR resources encounter when participating in wholesale electricity markets,” said UISOL vice president Nemat Sarnevesht. “Now the Midwest ISO and its participants have a tool that simplifies the management of dynamic market rules, evolving DR business processes, and rapidly changing resource characteristics – taking a big step in that barrier removal challenge.”