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On the 2025 OATI Vitality Convention, Mike Slattery, a compliance officer at Southern Nevada Water Authority (SNWA), sat down to debate his obligations concerning pricing, buying and selling, compliance, and danger – all whereas nonetheless offering entry to water in a desert.
“Delivering water within the desert is extraordinarily necessary and we wish to be sure that each MW bought and greenback spent makes that supply doable,” Slattery mentioned. “We make sure that our market trades are inside compliance with our Danger Administration Coverage, guaranteeing they go to solely serve water wants. They have to meet all of the inflexible standards that we put in place to make sure that that energy might be out there anyplace from one to 5 years out to be delivered, and that every buyer can rely on a worth and plan on that worth for delivered energy.”
So the place does OATI are available in? SNWA makes use of OATI platforms to seize and retailer commerce information, handle buyer portfolios and cargo forecasts, observe energy positions and settlements, and extra. This information is saved and documented in OATI’s Commodity Buying and selling and Danger Administration (CTRM) platform.
“[OATI has] helped present for us a strategy to get information out and in of that system very simply, for us to retailer even our settlement information in there – so it’s not solely our commerce seize,” Slattery mentioned. “We routinely retailer and retrieve pricing, we are able to run all of our settlement procedures, and we’re capable of run and automate stories from there. It has turn into a one cease embedded store of reality for us.”
Slattery famous that SNWA’s earlier supplier was “inflexible” and never versatile sufficient. And if one thing goes incorrect in a CTRM platform, SNWA is the one in danger. A system that doesn’t meet all of a company’s wants might lead to misplaced trades or system crashes resulting from failed energy planning, he argued. “Robert Brasch and Jaspreet Singh had been instrumental in changing our distinctive course of into usable utility in CTRM that didn’t exist beforehand. They actually went the additional mile to make sure that our enterprise practices remained ours and never one thing we must adapt to be used in a static system”
He added that the CTRM meets SNWA’s wants at present, but in addition positions the utility for future, unknown use circumstances which will come up.
“We’re a small group, so it’s necessary for us to be environment friendly and react as shortly because the market modifications,” Slattery mentioned, “We actually view OATI as companions that may assist us stay present in going through the dynamics of the vitality markets nicely into the longer term.”
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