Uniper implements Adapt2 to accelerate US market operations, further bilateral trade management, and expand its energy management portfolio.
HOUSTON, Texas (April 13, 2021) – Adapt2 Solutions, a leading provider of AI-enabled multi-market operations and trading software, today announced a new partnership with Uniper, an international energy company with trading and related activities in North America, enabling the company to scale operations in all North American ISO markets. With access to the cloud-native technology infrastructure provided by Adapt2, Uniper will combine industry expertise with a best-in-class technology solution to support asset management, trading, and renewable portfolio management with strategic insights provided by Adapt2’s Tahoe data lake.
The implementation includes Adapt2’s flagship Bid-to-Bill (B2B), Adapt2 Trade-to-Tag (T2T), and Adapt2 Green solutions to create comprehensive and seamless market operations across the front, mid and back-office. As Uniper plans for accelerated growth in the U.S. energy market, all three solutions combine to deliver full ISO market, trade, and renewable management functionality.
“As we continue to build out and enhance our North American platform, Adapt2 will be a key partner for Uniper by providing a flexible, state-of-the-art market interface solution,” said Tina Bradshaw, Managing Director, Energy Management at Uniper North America.
The partnership between Adapt2 and Uniper furthers forward-looking and sustainable transformation concepts for the energy supply of tomorrow. The dynamics of a growing renewable base and keeping up with the changing market demands requires system flexibility to adapt and scale with transparent data.
“Uniper is at the forefront of global power transformation with a strong vision to evolve services around power generation portfolios including low- or no-carbon emitting assets with a cloud-native platform,” said Jason Kram, Executive Vice President at Adapt2 Solutions. “We view Uniper as a strategic partner and are looking forward to collaborating on new initiatives and adapting to a changing market landscape.”
To learn more about how Adapt2 is accelerating power and gas market operations, visit https://www.adapt2solutions.com/ or follow Adapt2 on Linkedin (@Adapt2 Solutions) for more information on upcoming energy management webinars.
About Adapt2 Solutions:
Adapt2 Solutions (Adapt2) is the leading provider of AI-enabled multi-market operations software designed to help market participants streamline all of their front and back-office operations. Founded in 2008, Adapt2 delivers market-based solutions on the latest and most current technologies providing customers with fast, intuitive, and stable user experience and performance. With over 165 market implementations representing over 2500 market participants, Adapt2 is a leading solution provider in the energy industry. Adapt2 Solutions is a privately held company based in Houston, Texas. To learn more about Adapt2, please visit www.adapt2solutions.com.
Uniper is an international energy company with around 12,000 employees in more than 40 countries. The company plans to make its power generation CO2-neutral in Europe by 2035. With about 35 GW of installed generation capacity, Uniper is among the largest global power generators. Its main activities include power generation in Europe and Russia as well as global energy trading, including a diversified gas portfolio that makes Uniper one of Europe’s leading gas companies. In 2020, Uniper had a gas turnover of more than 220 bcm. Uniper is also a reliable partner for municipalities, public utilities, and industrial companies for developing and implementing innovative, CO2-reducing solutions on their way to decarbonizing their activities. As a pioneer in the field of hydrogen, Uniper is active worldwide along the entire value chain and is implementing projects to make hydrogen usable as a mainstay of energy supply.
The company is headquartered in Düsseldorf and currently the third-largest listed German utility. Together with its main shareholder Fortum, Uniper is also the third-largest producer of CO2-free energy in Europe.
Uniper in North America
In North America, Uniper conducts energy trading activities across a range of commodities. It also provides energy transportation, storage, and related solutions for customers in the United States and Canada. Uniper’s North American operations are located in Houston, Chicago and Calgary.