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eMarketplace for trading energy products among Independent Power Producers and Utilities
Summary
Energy Crossroads is an online business facilitator for energy resource management for the small and mid-market utility and independent power producers (IPP).
Challenge
The electric power and natural gas markets in the US are going through tremendous change as a result of deregulation. Many small and mid-market utilities are being faced with direct access where their franchises are being opened up to competitors. In order for them to remain competitive, they need to be efficient, informed, be able to maximize their assets and keep overall resource costs at a competitive level. For this they required a whole new set of applications to deal with the new marketplace.
Solution
Calsoft built EnergyCrossroads.com - a site for trading energy products through auctions. The energy products can be traded online with ease and with great accuracy. The auction engine for EnergyCrossroads.com has been created to be simple enough for energy products to be traded, for standard power schedules and complex day and time schedules, with easy auction screens.
EnergyCrossroads.com makes the auction task easier by sending invitational mails for prospective buyers when the auction is scheduled and announces the winner once the auction is completed. The seller as well as other prospective buyers can easily monitor the auction at all points in time.
Energy Crossroads is the central place for Energy Resource Management professionals at small and mid-market utilities as well as independent power producers, to come to work and conduct business. Energy Crossroads facilitates the buying and selling of energy, management and scheduling of energy resources, and the exchange and acquisition of pertinent information. Energy Crossroads is the place to be for Energy Resource Management professionals at small and mid-market utilities and independent power producers, now and in the future.
Technology
The site architecture uses proven Microsoft Windows DNA Technologies running on Windows NT 4.0 Enterprise Edition platform. This site is hosted on the Internet Information Server (IIS) running Active Server Pages (ASP).