News & Events
Adapt2 recently expanded into larger office space to support current and future growth. The expanded space will allow for more collaboration and team room experience for our developers, support, sales, and project teams. Adapt2 is hiring in all team areas and is targeting 30-40 percent growth.
This change is effective as of February 26, 2018. Our phone, fax, and email addresses have stayed the same.
For your records, please see our new contact information below:
24 Greenway Plaza
Houston, TX 77046
5 Minute LMP Data Availability
Please see notes from the PJM Tech Change Forum below for more information
• Based on member requests, the following data will be available beginning March 6 for testing purposes for the operating day of March 5
– Five Minute Real-Time LMPs – Daily only
– Five Minute Ancillary Services Prices – Daily only
• Data Miner 2 beta environment will provide UI and API interface to access this data
• These Real-Time LMPs will be considered test data and will not be used for any settlement calculations.
Note 1: PJM is publishing the LMP data solely for member testing purposes only. These LMPs will be available in the Data Miner 2 train environment until April 1. After April 1, the verified LMP data will be available in Data Miner 2 production
Note 2: This data will be available in Data Miner 2 only. The csv files posted on pjm.com will remain the hourly LMP values
• Hourly RT and DA LMP flat files will no longer be posted on pjm.com after April 1 2018
• Operational Data Page will be available in April 2018 with 1 year parallel period
• Evaluating “Mock Shutdown” in May 2018. More details to follow
• Existing flat files will be retired approximately one year after Go Live. Targeting August 15, 2018 to begin retiring existing pjm.com postings
The February 21st Tech Change Forum also discussed API Changes. Please ensure you or your third party software provider has monitored and confirmed feed names, feed short names, and current URLs.
SPP Market Participants, please mark your calendars
Upcoming SPP Market Change:
Testing in MTE will be available on
2-8-18 – 2-22-18 MPs & MP Vendors Vendor and MP testing in MTE
2-23-18 – 4-3-18 MPs MP Testing Phase in MTE
4-19-18 SPP Markets Release 1.24 to production
5-26-18 SPP RR116, RR137, RR142 effective
Training Formal training is planned for this release to address the enhancements for Quick-Start Resources. Specifically, this training will focus on the changes to offer parameters as well as the commitment implications and settlements impacts that are part of this new functionality. Subject Matter Experts (SMEs) will be available to field questions.
Two Virtual Instructor-Led Training (VILT) sessions will be available to Members and Market Participants in February 2018 by registering in the SPP Learning Center (LMS).
Please note the dates and times for these VILT sessions:
Sessions Date Time
1 Thursday, February 8, 2018 2:00 p.m. — 3:30 p.m. CST
2 Tuesday, February 27, 2018 9:00 a.m. — 10:30 p.m. CST
To register for this training: • Log into the SPP Learning Center. • After logging in, type “quick start” in the Search box (upper right corner) and press Enter. • Click the course title “A Guide to Quick-Start Enhancements”. • Scroll down to see the session dates. • Click the “Request” link to the right of your preferred date. Target Audience: Asset-Owning Market Participants with Quick-Start Resources registered in the Integrated Marketplace.
*Message provided by SPP
Do you trade virtuals?
Virtual transactions in Energy Markets are sets of bids and offers submitted in the Day-Ahead Market. These transactions take financial positions without the intent of delivering or consuming physical power in the Real-Time Market (PJM.com).
The objective for many busy trading desks is to get bids into the market with as few hurdles as possible. Traders want to quickly make profitable trades without stepping on each other’s toes or overwriting a colleague’s bid or offer. This is a challenge since ISOs generally allow only one unique trade at a given location and date. Curves are allowed, but markets also have inconsistent, complex rules about what is and is not allowed in a virtual price/quantity curve.
Adapt2 ISO’s Virtual Trader module allows market participants trade virtuals with ease and efficiency. With Adapt2 ISO’s Virtual Trader, multiple traders can dynamically build virtual transaction curves with overlapping locations and without needing to know the market’s rules on curve construction. Traders can then focus on what matters.
Imagine these scenarios:
Adapt2 ISO’s Virtual Trader eliminates the need for the two traders to manually coordinate updates when submitting virtual trades. Once awards are published, Adapt2 ISO will then allocate the award MWh values based on each trader’s respective trades. Complete the solution with Adapt2’s P&L engine to update the value of each virtual trade in real time as 5 minute prices are loaded in.
Please contact firstname.lastname@example.org, for more information on how to:
Manage virtual positions for multiple traders across all ISOs
Dynamically structure virtual bid and offer curves according to ISO rules
Automatically allocate virtual awards to traders even when the ISO publishes a single consolidated award volume by location and interval.
Calculate Virtual P&L in real time.
We would love to set up some time to discuss this more in depth with you!