Automated Power Exchange, Inc., commonly known as APX, is a leading provider of innovative technology and service solutions focused on the energy and environmental markets. The company's core mission is to empower and facilitate the world's transition to clean energy and sustainability. APX offers a comprehensive suite of solutions that span transaction management, registries, scheduling, settlements, demand-side management, asset control, analytics, operations, and various exchange and clearing services. The firm leverages deep domain and technological expertise to provide market solutions grounded in trust and integrity, operating both within the United States and internationally since 1996.
The company's offerings are segmented into three primary areas: Wholesale Power Solutions, Environmental and Sustainability Services, and Environmental Registries.
Wholesale Power Solutions
APX provides cutting-edge technology and services to participants in the wholesale electricity market, enabling them to manage, schedule, and optimize their transactions with Independent System Operators (ISOs) across North America. This segment focuses on providing an end-to-end power solution for market participants, with services delivered through a market-leading Software-as-a-Service (SaaS) platform, MarketSuiteŽ.
Products and Services in Wholesale Power:
* MarketSuiteŽ Platform: A feature-rich platform that is the flagship product for power scheduling and energy accounting. It provides secure, scalable, and centralized wholesale integration for all scheduling and settlement activities.
* Real Time Services: These include advanced scheduling and settlement services for wholesale market participants, active in all seven US ISOs. Services cover Day Ahead/Real-Time scheduling, management of Generation, Load, and Ancillary Services, and real-time position management.
* SCADA Solutions: Supervisory Control and Data Acquisition services are offered for real-time dispatches, resource monitoring and management, outage tracking, and providing real-time data services and market/asset status alerts.
* DER Grid Services: Solutions for managing Distributed Energy Resources, helping to integrate and optimize these assets within the existing power grid infrastructure.
* Scheduling and Accounting: Services to facilitate the complex logistical and financial aspects of wholesale energy transactions, including Custom Validations and standardized settlement reporting.
Environmental and Sustainability Services
Reflecting its commitment to the clean energy transition, APX offers a fully integrated suite of services for the creation and management of corporate and market-based sustainability programs.
Products and Services in Environmental and Sustainability:
* Carbon Offsets and Allowances: APX is a pioneer in environmental commodity infrastructure, having supported multiple carbon offset and allowance tracking systems globally.
* Renewables and GATS: Services related to Renewable Energy Certificates (RECs) and the tracking of green power generation.
* Corporate Sustainability: APX helps companies develop and execute their corporate sustainability strategies.
* ESGclear: A dedicated service for tracking vital impact factors across supply chains, which includes a corporate registry for Scope 3 emissions and impact transactions.
* Environmental Commodity Infrastructure: APX has supported seven energy tracking systems and six carbon offset and allowance tracking systems around the world for over eighteen years.
APX Registries
A critical part of APX's offering is its proprietary, purpose-built registries, which power the global environmental markets by providing transparency and tracking for environmental commodities.
Key Registry Products:
* North American Renewables Registry (NAR): A registry that provides worldwide Renewable Energy Certificate (REC) portfolio coverage, allowing for the tracking and validation of renewable energy generation.
* Tradable Instrument for Global Renewables (TIGR): A system designed to offer a standardized instrument for tracking and trading global renewable energy attributes.
* APX Voluntary Renewables: Services supporting the voluntary market for renewable energy, providing a platform for organizations to track their voluntary use of renewable power.
APX has a strong presence in the market, with over 25 years of experience, and has issued and serialized billions of environmental credits (RECs and Carbon). The company is a key technology provider in the clean energy and environmental markets, emphasizing continuous innovation to help its clients remain at the forefront of the rapidly evolving global energy landscape.
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