Utilities

Adapt2 for Utilities

In general, Utilities have the highest need for reliability and security with any solution provider. The Adapt2 platform enables availability and reliability with advanced technologies to minimize any downtime and provide a high degree of security for all of our customers.

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Liberty Utilities provides regulated electricity, water, and natural gas utility services to over 1 million customer connections, primarily in North America and has a growing portfolio of clean, renewable wind, solar, hydro and thermal power generation facilities representing over 4 GW of renewable generation capacity in operation and under construction. Adapt2 is utilized by their regulated services group formerly known as Empire District Electric.


Why Adapt2:

In 2017 Empire District Electric, a Liberty Utilities Company, found themselves in a scenario that many energy market participants find themselves in. They made a large investment into a bid-to-bill system but as technology evolved at rapid speeds, after 15 years the legacy system became outdated. Empire District realized that system was no longer the most efficient in the marketplace, costly to maintain and required a number of manual hours to operate. They found themselves working around the system, instead of within the system. Empire District needed a solution that they knew would evolve with the energy markets. Empire District sought out to partner with a solution provider that they could truly collaborate with, innovate with and that they could trust to provide them with forward thinking technology and proactive market change management.

Adapt2 has helped Empire District Electric accelerate their full bid-to-bill operations. Adapt2’s flagship B2B solution supports Empire District for demand bids, generation submission, meter data management, settlements and deal management in SPP. Adapt2’s intuitive and easy to use interface has helped Empire District quickly train new staff members as their front and back-office trading and settlement teams scale and grow. By utilizing Adapt2’s hosting and managed-services, Empire District has been able to repurpose IT employees to focus on development as opposed to supporting their ISO operations system. Being able to focus on innovation and development, as opposed to system support, allowed Empire District to co-develop an AI-enabled load forecasting tool.

Adapt2 Utility News

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Xcel Energy Selects Adapt2 solutions’ Multi-Market Operations Platform for Western Energy Imbalance (WEIM) Expansion

Adapt2 will combine technological innovation with Xcel Energy’s energy industry innovation to transform market operations in MISO and SPP while expanding into CAISO Western EIM

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AEP Transform Back Office ISO Operations, Selects Adapt2 Solutions to Streamline and Enhance ISO Settlements and Allocations

AEP enhances ISO operations, improves performance and leads the energy transition with Adapt2’s modernized settlement solution.

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National Grid Implements Adapt2 Bid-to-Bill for Multi-Market Operations

Complex contract management and settlements solved at National Grid for ISONE and NYISO markets.

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Adapt2 Solutions, Exelon Corporation Partner to Modernize Back Office System

Exelon  streamlines back office operations across multiple ISO markets.

Manager Market Operations

“AES is a leader in clean energy, and with the expansion of our new smart operations center to include even more renewable assets, we had to en-sure we had the right people, processes, and technology in place. During the selection process, Adapt2 not only met but exceeded all our ISO operation and technology expectations. We need to adopt and integrate the best technology available to properly scale our global operation initiatives. Adapt2 Solutions was the clear choice to achieve that goal.”

Manager Market Operations

Energy Applications and Services Manager

“With utilities increasingly seeking cleaner energy alternatives, our business requires different market structures to meet the needs of our diverse customers. To significantly expand into new markets, we need a technology-forward partner with smart solutions who understands quick market changes and can respond even faster. That’s where Adapt2 comes in.”

Energy Applications and Services Manager

Director of Wholesale Operations

“Looking to the future, it is critical for us to differentiate our business with product innovation and diversification. Ease of use and a repository of all of our data that we can quickly access in real-time were key factors in our decision to work with Adapt2 Solutions. We look forward to growing our business with technology solutions that can scale as rapidly as our business strategy necessitates.”

Director of Wholesale Operations

Director of Asset Management

“Having an easy to use, custom P&L saves at least 2 hours a day. It also ensures that an hourly P&L is generated for every day — maximizing opportunities for asset optimization.”

Director of Asset Management

 

Trusted Energy Market Solutions Partner.

 

 

Adapt2 Solutions is honored to be featured in Entrepreneur 360's Best Companies in America, Inc 5000 fastest-growing Texas-based private companies, AI Breakthrough's Best Solution for Big Data, Business Intelligence Group's AI Excellence Award, and the Financial Times Fastest Growing Companies for 2021. We are proud and committed to continue our journey as a leader in the industry for energy market solutions.

 

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