What's Happening at ACES

ACES’ Commodity Trading Advisor Registration is Approved

ACES’ registration as a Commodity Trading Advisor (CTA) was approved by the National Futures Association on June 1, 2015. A CTA is an individual or organization that, for compensation or profit, advises others as to the value or advisability of buying or selling futures, options on futures, or swaps and provides advice … Read More »

ACES Members Successfully Integrate Into The SPP Integrated Marketplace

On March 1, 2014, the Southwest Power Pool’s (SPP) Integrated Marketplace (a two-settlement energy and ancillary market) went live. SPP also combined the Balancing Authorities (BA) within its footprint to form a Consolidated Balancing Authority. SPP’s Integrated Marketplace is expected to have combined benefits to SPP’s Members of up … Read More »

ACES Members Successfully Implemented Into MISO South

On December 19, 2013, the Midcontinent Independent System Operator (MISO) successfully integrated a four state region, referred to as MISO South, into MISO’s existing footprint. ACES assisted with the successful implementation of two of its Members, South Mississippi Electric Power Association (SME) and Arkansas Electric Cooperative Corporation (AECC), into MISO South. … Read More »

ACES Names Michael T. Steffes Its President and CEO

September 13, 2013 – Carmel, Indiana ACES Board Chairman, Clifton Karnei, announced today that Michael T. Steffes has been appointed President and CEO of ACES, effective immediately. Steffes joined ACES in 1999 as Vice President of Marketing and Trading, and was promoted to Senior Vice President and Chief Operating Officer in 2002. Since the departure … Read More »

Rayburn Country Electric Cooperative, Inc. Becomes 21st ACES Member

Rayburn Country Electric Cooperative, Inc. (Rayburn) will become the 21st Member (Owner) of ACES, effective August 1, 2013. Rayburn will begin receiving a variety of services from ACES including portfolio modeling and analysis, as well as strategic development and other energy risk management services. “Rayburn currently has full requirements power supply contracts, … Read More »