Liberty-Empire Implements EnCompass Model for Fuel Budgeting
Anchor Power Solutions’ EnCompass software features detailed unit commitment / dispatch costs and constraints for accurate planning.
Liberty Utilities – Empire District (“Liberty-Empire”) recently selected and implemented the client/server version of Anchor Power Solutions’ EnCompass software. Liberty-Empire will use EnCompass to forecast operations within the Southwest Power Pool (“SPP”) Integrated Marketplace, including budgeting for market revenues, fuel costs, and purchased power expenses.
Anchor Power provided an EnCompass database using the same data that Liberty-Empire had used previously in another production cost model. Horizons Energy, a partner company of Anchor Power Solutions, also provided locational marginal price (“LMP”) forecasts for specific nodes in SPP combined with fuel forecasts that EnCompass can directly import.
“After an initial EnCompass training session we decided to use the new model to develop our budget on a very short time-frame,” said Todd Tarter, Manager of Market Settlements and Systems at Liberty-Empire. “The support we received during this process was crucial to our success. Anchor Power was available to answer all of our questions in a timely manner.”
“Within weeks of signing a license agreement, Liberty-Empire was able to quickly and successfully configure the software environment, host an onsite training session, and begin using EnCompass to prepare fuel budgets with up-to-date market price forecasts,” said Norm Richardson, President of Anchor Power Solutions. “By combining intuitive software with responsive support and services, Anchor Power delivers a high-quality solution in a cost-efficient manner.”
About Liberty Utilities – Empire District
Liberty Utilities Co. owns and operates regulated water, wastewater, natural gas and electric transmission and distribution utilities in 12 states, delivering responsive and reliable essential services to over 750,000 customers across the United States. With a local approach to management, service and support, we deliver efficient, dependable services to meet the needs of our customers. Liberty Utilities provides a superior customer experience through walk-in customer centers, locally focused conservation and energy efficiency initiatives, and programs for businesses and residential customers. We measure our performance in terms of service reliability, an enjoyable customer experience, and an unwavering dedication to public and workplace safety. Liberty Utilities currently operates in Arizona, Arkansas, California, Georgia, Illinois, Iowa, Kansas, Massachusetts, Missouri, New Hampshire, Oklahoma and Texas. For more information, please visit www.LibertyUtilities.com.
Liberty Utilities – Empire District, Joplin, Missouri, is headquarters for the Company’s Central Region, providing electric, natural gas, water, and wastewater service to nearly 320,000 customers across six states. For more information regarding services in the Empire area, visit www.empiredistrict.com.
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 further information, contact info@anchor-power.com.