EnDimensions SELECTED BY COLOMBIAN MARKET OPERATOR XM TO PROVIDE SETTLEMENTS, BILLING & INVOICING

Press

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San Mateo, CA, October 14, 2016

EnDimensions is supplying EnSuite® Financials, Settlements, Billing and Invoicing  Modules to Colombia’s national energy market operator.XM Compañía de Expertos en Mercados S.A. E.S.P as part of XM’s long-term plan to update and expand their market operations infrastructure to respond to the rapid pace of change and growth in Colombia’s  markets. EnDimensions will partner with multinational energy giant Siemens AG to provide a tightly integrated package with Siemens’ Spectrum Power Energy Market Management (EMM) Platform. The EMM system will provide a web interface for market participants to register assets and long term contracts with the Colombian energy market, while the EnSuite solution will perform all settlements, billing, invoicing, reporting, financial analytics and risk monitoring functions.

XM, Compañía de Expertos en Mercados S.A. E.S.P. operates the National Interconnected System (SIN), the Colombian Wholesale Energy Market (MEM) as well as short-term International Electricity Transactions with Ecuador (TIE). XM also provides grid operation and reliability services. No newcomer to deregulation, Colombia has an active and growing energy market that transacted over 66,549 GWh of energy in the year 2015, with a net effective installed generation capacity of 16,420 MW, according to XM’s 2015 annual report. Slightly more than 60% of Colombia’s energy is supplied by large hydroelectric resources, augmented by approximately 30% production from fossil fuels.

EnDimensions CEO Dr. Jeff Chapman said “We are very pleased as a group to have shown excellent results through XM’s very rigorous vetting process, and we expect that XM and the Colombian energy market will be exemplars of robust infrastructure and sound market design to other markets across South America and the world,”

For further information about the EnSuite® family of products, please refer to

http://www.endimensions.com.

650-286-4239

info@endimensions.com

EnDimensions announces the launch of EnSuite Express, the streamlined solution for settlements in CA

EnDimensions, LLC today announced the release of EnSuite Express, a settlements product with the rugged heart of EnSuite Settlements (an industrial strength high performance ISO/RTO and market participants settlements system) in a package that is optimized to provide an energy settlements solution that is quick to deploy, easy to manage and simple to operate.

EnSuite Express customers can select the Energy Imbalance Market (EIM) module, or opt for the comprehensive CAISO package for coverage of all CAISO settlement charges. In all cases, EnSuite Express offers all the benefits of EnSuite Settlements:

• Fully automated data acquisition, loading, versioning and transformation. All market data, market awards, market prices and other market data are automatically downloaded and stored in the EnSuite database

• Fully automated acquisition and storage of CAISO statements, invoices and billing determinant files

• End-to-end auditability and SOX compliance

• Data validation and shadow calculation of all charge codes

• A full range of settlement and market reports, including accruals and invoicing

• Ensuite’s signature performance advantage

EnSuite Express is offered in two formats:

1. As a managed application, staged, hosted and maintained by EnDimensions. We take care of database setup and maintenance, ongoing “care and feeding”, and backup and recovery services. Get on line and operating in days, not weeks.

2. As a licensed application, staged and supported at customer facilities. For customers that prefer keeping the application in-house, we offer an application that minimizes maintenance and upkeep requirements, while providing the reliability and availability that our large EnSuite Settlements customers rely on.

Please contact EnDimensions, LLC at info@endimensions.com for more information or to schedule a demonstration!

Launch of CAISO’s Energy Imbalance Market Marks a Smooth transition for EnSuite and PG&E.

CAISO’s semiannual release schedule has seen two exceptionally busy schedules, with the spring release of the FERC 764 market revisions, and the fall release of CAISO’s new Energy Imbalance Market (EIM). Each release has brought major revisions to the structure of CAISO energy settlements, including the fifteen-minute market charges mandated by FERC 764 and a large group of new and modified charge codes with the inception of EIM. The release of the EIM market changes represents the second major market update that Northern California utility PG&E has managed since installing EnSuite Settlements.

In each case, EnSuite Settlements managed the change with aplomb. “EnSuite is designed from the ground up to manage this type of market change.” said EnDimensions CTO Elene Radinskaia, “In both the fall and spring releases, the changes to charge validation and shadow calculations were handled without compiling a single line of code. This allows for a clean and trouble-free transition for our customers, without disrupting system availability or the customer’s daily business process. In most cases, updates can be installed transparently to the user, and without shutting down the system.”

COO Ryan Heidari noted, “As we progress with our partners at PG&E, each market update cycle reinforces our confidence that the fundamentals of the EnSuite Settlements design are solid; Our aim with EnSuite is to provide a robust, full featured product suite that reduces long-term cost of ownership and supports our commitment to innovation and refinement that continually adds value to the product. Leveraging its modular design, we can now also offer an EnSuite product targeted toward EIM market participants who do not require the full scope of ISO settlements.”

Watch for our upcoming announcement about EnSuite Express!