After over two years of planning the Southeast Energy Exchange Market (SEEM) is now live. The intra-hour, automated energy exchange market is a region-wide platform that matches power buyers and sellers, with the goal of more efficient bilateral trading, utilizing unused transmission capacity to achieve cost savings for customers. In a historically regulated area, the exchange plans to lower rates for customers through improved production costs and fuel savings and enhance the ability to integrate variable energy resources (VERs) across the region. Through an independent study it is predicted that the SEEM market participants will reap upwards of $40M in cost benefits.

Adapt2 is able to provide current and potential SEEM market participants with EQR reporting, settlement reporting and validation and serve as a system for record of bi-lateral contracts.

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