Additional Power Companies Select EnCompass For Planning Optimization
Anchor Power Solutions is proud to welcome three additional power companies to the growing list of EnCompass clients.
First released in 2016, EnCompass is quickly becoming the industry standard solution for integrated resource planning, market price forecasting, budgeting, and risk evaluation.
PNM
PNM is the largest electricity provider in New Mexico, serving more than 500,000 residential and business customers. The utility files Integrated Resource Plans with the New Mexico Public Regulation Commission every three years and will use EnCompass to optimize its power supply as it transitions from coal to natural gas, renewables, and energy storage.
Otter Tail Power Company
Otter Tail Power Company is an investor-owned electric utility that provides electricity for residential, commercial, and industrial customers in Minnesota, North Dakota, and South Dakota. Otter Tail will be using EnCompass to develop its Integrated Resource Plan that must be filed every three years with the Minnesota Public Utilities Commission, like Great River Energy which selected EnCompass for the same purpose earlier in 2018.
Kentucky Municipal Energy Agency
Kentucky Municipal Energy Agency is a joint public agency formed in 2015 and serves eleven municipal electric utilities in Kentucky. KYMEA will be using EnCompass together with the National Database from Horizons Energy to evaluate diverse power supply options that span three different balancing authorities.
About Anchor Power Solutions
Anchor Power Solutions provides planning software and consulting services for the power industry with a focus on market price forecasting, economic transmission analysis, integrated resource planning, budgeting, and risk analysis. Anchor Power Solutions developed EnCompass Software to accomplish all these functions in a single, easy-to-use system. For a custom demonstration, contact info@anchor-power.com.