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LAS VEGAS, Sept. 06, 2017 -- Today, at the Electric Market Forecasting Conference (EMFC), EPIS unveiled a major new release of its flagship product. Formerly known as AURORAxmp, the leading power industry forecasting and analysis tool will now be called Aurora. Aurora v13.0 is currently available in beta-release, and the official release is expected in October.
“This is a once-in-a-decade type of change,” said Ben Thompson, CEO of EPIS. “While EPIS has always been known for frequent and customer-responsive development on a day-to-day basis, the company also recognizes that significant technology improvements and tectonic industry shifts require much larger investments from time to time. We’ve done that once again.”
20 years ago, the founders of EPIS named their product Aurora to signal the dawn of a new era with the deregulation of electric power markets, and of a new tool—unlike any incumbent tools—that was expressly designed with new technology to be up to the challenge to simulate and forecast these new markets.
The current name change is intended to signal another new era, one where power systems are increasingly complex—characterized by significant penetrations of renewable generation, a wider variety of generation technologies, more operational constraints, more sophisticated load shapes, and greater policy uncertainty.
Thompson added, “The new logo reflects our core principles of being solid and dependable, of continuously improving speed and performance, and of our commitment to helping our customers be successful well into this more complex future.”
About EPIS
EPIS, LLC (www.epis.com) is the developer of Aurora, the leading-edge software for forecasting wholesale power market prices. The company also provides ready-to-use data for the United States and Canada, Mexico and Europe, and unrivaled customer support to its growing body of customers worldwide. A variety of organizations-including utilities (large and small), independent power producers (IPPs), developers, traders, energy consultants, independent system operators (ISOs), regulatory agencies and universities-use AURORAxmp to model power system dispatch and the formation of both nodal and zonal wholesale power prices, and to perform a wide range of associated analytics over the short- and long-term. Aurora is a comprehensive solution to power market modeling needs. Offices are located in Salt Lake City, UT, Tigard, OR and Sandpoint, ID.
Contact: Leslie Proctor, Marketing Director [email protected]
