Red Clay Consulting successfully implements Oracle Utilities Load Profiling and Settlement at IESO
Dec. 2, 2015 – Atlanta-based Red Clay Consulting announced today that the Ontario Independent Electricity System Operator (IESO) has successfully implemented Oracle Utilities Load Profiling and Settlement to produce settlement ready data for Ontario’s wholesale electricity market.
The solution uses Oracle Utilities Load Profiling and Settlement to validate, estimate and edit (VEE) 5-minute interval meter data collected from the IESO’s wholesale meters and calculates settlement aggregation data for over 2,300 delivery points within Ontario. Red Clay Consulting configured a user interface which provides IESO users with the capability to VEE metered data, and to configure and model delivery points and calculations prior to their promotion to production. The solution also includes web services which provide the stakeholder market participants access to their metered and totalized data.
“Oracle Utilities Load Profiling and Settlement provides the IESO with a commercial off-the-shelf solution that can be configured to meet our specific needs,” said Richard Zaworski, Manager, Meter Data Management at IESO. “Red Clay’s expertise with this Oracle Utilities’ solution and experience implementing similar projects, gave the IESO the confidence that the team can deliver a quality solution to meet our needs. We are extremely satisfied with the end result, which has provided us a platform for growth.”
According to Karan Singh, Managing Director at Red Clay Consulting, “IESO recognized that Oracle Utilities Load Profiling and Settlement was an extremely flexible and versatile product that would accommodate the IESO’s current requirements while providing them with a platform that they can build upon to incorporate future business needs. Red Clay clearly demonstrated that our experience and knowledge of the Settlement process in Ontario and ability to configure Oracle Utilities Load Profiling and Settlement based on IESO’s specific requirements was critical in the success of this project. IESO had some extremely complex requirements around aggregation of usage data and the User Interface experience for both internal and external market participant users. IESO and Red Clay’s resources worked well together in delivering an ideal solution for the Ontario market.”
The Oracle Utilities’ solution was selected in May 2013.
For more information, please visit http://www.redclay.com.
About Red Clay Consulting
Founded in 2001, Atlanta-based Red Clay Consulting is a leading systems integration and consulting firm in the Energy and Utilities Industry. Red Clay is a Gold level member of Oracle PartnerNetwork (OPN) and implements enterprise solutions based on the Oracle Utilities framework. Red Clay is ambitiously led with integrity by industry experts who are proud to manage a team of dedicated, driven, and enthusiastic employees. Visit www.redclay.com to learn more about our mission of doing what’s right and fair for our clients, our employees, and our company.
About the Independent Electricity System Operator (IESO)
Effective January 1, 2015, the Ontario Power Authority and the Independent Electricity System Operator amalgamated into a new organization. The amalgamation was effected by amendments to the Electricity Act, 1998, S.O. 1998, c.15, Sched. A enacted under Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014. Both predecessor entities were continued as one not-for-profit corporation without share capital operating under the name “Independent Electricity System Operator” (“IESO”). The IESO reports to the Ontario Legislative Assembly through the Minister of Energy and is licensed and regulated by the Ontario Energy Board. The IESO is responsible for ensuring an adequate, long-term supply of electricity for Ontario, as well as operating the electricity market and directing the operation of the bulk electrical system in Ontario.
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Manager, Meter Data Management