With the ongoing implementation and evolution of the Smart Grid, access to relevant and timely data has never been so important in running the electrical system. Whether it is managing risk or maximizing the use of renewable energy, Information Technology will play a critical role in ensuring the smart grid is a success both from an environmental and an economical perspective. It is for this reason that Waggware Technologies was proud to be a sponsor and participant of this year's annual event.
An ongoing theme that resonated over the three day event were that times are tough but the evolution of the Smart Energy Grid will continue. The challenge for Generators and Marketers is understanding these ongoing changes and adjusting trading and marketing strategies accordingly. All participants at the conference agreed that the macro-environmental forces that impact the Generation/Energy Marketing industry continue to compound in the area of regulation, environment, politics, culture and market economics. With so much change it is increasingly apparent for the need to manage risk. Marketers and Generators as a result require the best tools to both manage the risk & maximize earnings.
We attended the MEMA Conference in an effort to stay abreast of the market changes network with our customers and learn what functionality we need to continue to build into our Risk Management, Market Interface and Settlement Products. In addition to our market research we met new contacts, showed off some software, toured a windfarm and of course enjoyed a round of Golf!
For even more photos of the event take a peek at our Flickr PhotoStream